US retail giant WalMart on Wednesday said its India unit head Raj Jain has left the company and named Ramnik Narsey as interim head of the country's operations.
Jain is "no longer" with the company after being head of WalMart's India unit for six years, the company said in a statement.
Ramnik Narsey, senior vice president for Walmart International, will serve as interim head, it said, without specifying why Jain left.
Jain had joined the company in 2006 and was made the India head the following year.
The company, which has been facing investigations from Indian authorities over its investment in one of the business entities of its Indian partner Bharti Enterprises, said in a statement: "...Effective immediately, Ramnik Narsey, senior vice president for Walmart International, will serve as interim leader for Walmart's business in India.
"He is replacing Raj Jain, who is no longer with the company."Sources said the announcement of Jain's departure from the company was made this morning to the employees of the Indian operations by Walmart Asia President and CEO Scott Price, who had flown down from Hong Kong.