Now Raj Jain is Bharti’s advisor

Raj Jain, former India head and CEO of Walmart, who had quit after Walmart got embroiled in

several controversies, including an internal investigation into violations of the Foreign Corrupt Practices Act (FCPA), anti-bribery laws has rejoined as advisor to Bharti. This was announced after the formal split between Walmart and Bharti last week.

Jain had been with the company since 2006 and was made Walmart India’s chief in 2007, two years before the company launched its cash-and-carry (wholesale) venture in the country in partnership with the Bharti Group. After opening the 20th cash-and-carry store in India last year, the company halted its expansion, putting aside plans of new outlets. The 50-50 cash-and-carry partners have now parted ways and would go ahead with their retail business independently.

In his role as an advisor to Bharti, Jain would look after the group’s retail business with immediate effect.