Bloomberg Wal-Mart Stores Inc. acquired online apparel seller ModCloth Inc. in an all-cash deal, part of an effort to expand its online operations and appeal to customers that may have avoided the retailer in the past. ModCloth will continue to operate as a stand-alone site, as well as work with Wal-Mart’s other operations, the retail giant said. ModCloth Chief …

  Bloomberg Vodafone Group Plc is nearing an initial agreement to merge its Indian operations with Idea Cellular Ltd. in a deal that would create the largest telecom company in one of the world’s most competitive markets, people with knowledge of the matter said. The two firms plan to announce a preliminary agreement as soon as this month, according to …

  Bloomberg Pakistan barred the first foreign national chief executive of the state-owned national airline from leaving the country as the government begins an investigation into a plane-lease contract. Bernd Hildenbrand, the German head of Pakistan International Airlines (PIA) Corp., has been put on a so-called exit control list and the nation’s anti-graft Federal Investigation Agency has been directed to …