New Orleans As faithful readers know, August 9th was Quit Retail Day in India marking the 60th anniversary of the beginning of the anti-colonial movement in the country. This time the ACORN-supported India FDI Watch Campaign made the call throughout the coalition. 1500 people rallied in Mumbai. Good actions in Delhi (with photos in …
Category: WalMart
Wal-Mart and Bharti Deal
Washington The Wall Street Journal claimed that the market and Wal-Mart’s stock rose on the news that Wal-Mart and Bharti had finally inked their joint venture deal for Wal-Mart to expand into India. Mainly, this should only be proof in the irrationality of investors, since this transaction now seems more like minimal face-saving than any …
Quit India Rally
San Francisco August 9th in India is an important marker of the independence of the country and its fight against colonialism. This year it also has become the rallying cry to stop the efforts to modify foreign direct investment in retail and the block the invasion of big box retailers like Wal-Mart. The …