On Air Now

Listen

Listen Live Now » 94.7 FM Central Wisconsin 102.9 FM Wausau, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
71° Feels Like: 71°
Wind: WNW 18 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Partly Cloudy 70°

Tonight

Heavy Thunderstorms 52°

Tomorrow

AM Showers 61°

Alerts

Wal-Mart adds $102.9 million in Indian wholesale business in June

MUMBAI (Reuters) - Wal-Mart Stores Inc has infused fresh funds worth 6.2 billion rupees ($102.9 million) into its Indian wholesale business in June, according to a filing made by its Indian unit to the Registrar of Companies.

The funds were allotted as share application money, the filing showed.

Wal-Mart runs 20 wholesale stores in the country and plans to roll out 50 more over four to five years. The retailer has already launched its e-commerce operations, to sell to small businesses, in the cities of Lucknow and Hyderabad earlier this month.

($1 = 60.2800 Indian Rupees)

(Reporting by Nandita Bose; Editing by Michael Perry)

Comments