India may investigate Wal-Mart's (WMT) spending on lobbyists in the nation as the opposition...

|About: Wal-Mart Stores, Inc. (WMT)|By:, SA News Editor

India may investigate Wal-Mart's (WMT) spending on lobbyists in the nation as the opposition party continues to attempt to stall foreign investment into retail operations. The company has spent as much as $25M since 2008 in India on discussions covering the topic, according to SEC filings.