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Retail FDI

Retail majors promise exciting shopping
India will soon have giant Amazon retail stores selling exclusively food items produced in India as the government may approve the US major’s request for infusing more than $600 million. Apart from Amazon, Grofers and Big Basket have also submitted foreign ...
 The Financial Chronicle6 days ago
Amazon proposes to invest USD 500 mn in food e-retail: Badal
The US-based retail giant Amazon has proposed to invest about USD 500 million for e-retail of food products in India, Food Processing Minister Harsimrat Kaur Badal said today. Besides Amazon, she said Grofers and Big Basket have also submitted FDI proposals ...
 Business Standard1 week ago
Rediff.com
French retailer Auchan scouts India all over again
Auchan and another French retailer, Carrefour, exited India in 2014 About three years after it exited the Indian market, French retailing major Auchan Group is keen to return if the government allows “food plus” in foreign direct investment (FDI) in retail, official sources said. Executives of the company recently met senior officials of the ministry of food processing industries (MoFPI) and expressed interest in coming to India, in case the FDI norms are relaxed, the sources said.
 Rediff.com1 week ago
Amazon India to invest $515 m in food e-retail space
Amazon India on Thursday proposed to invest over $500 million for e-retail of food products in India over a period of five years. According to Union Minister for Food Processing Harsimrat Kaur Badal, Amazon has now decided to get into e-retail of food.
 Deccan Herald6 days ago
Trak.in
GST Regime: 4 Crucial Bills Passed in Lok Sabha; FM Says Some Commodities May Become Cheaper!
After 7 hours of intense debate, Lok Sabha finally passed 4 crucial GST bills, which means that July 1st rollout of GST regime across India is now almost confirmed. The GST Bills approved by the Lok Sabha now needs state level discussions inside State ...
 Trak.in4 hours ago
Trak.in
Amazon India Brings A-Z GST Guide; Will Teach Everyone About GST Regime!
Amazon India has decided to embrace GST (Goods and Services Tax) regime in a massive manner. Understanding its importance, and relevance for all traders, businesses and public at large, Amazon India has launched extensive programmes and activities for ...
 Trak.in1 week ago
Trak.in
Amazon India All Set to Enter Online Packaged Food Delivery With a $500M Investment
Amazon India launched the Amazon Now service for hyperlocal delivery in a few select cities in India last year. It was competing against the likes of BigBasket and Grofers , who have a strong hold in India right now. However, the one thing different in these ...
 Trak.in1 month ago
Trak.in
Minister Sushma Swaraj Threatens Amazon With Visa Ban Over Indian Flag Doormat; Product Removed Within 12 Hours!
Fact 1: Amazon sells more than 350 million products on their platform Fact 2: Ecommerce entity providing a marketplace will not exercise ownership over the inventory (FDI Guidelines for ecommerce portals, notified by Ministry of Commerce) Fact 3: Insult to ...
 Trak.in2 months ago
Amazon India to invest $515 mn in food retail business over next 5 years
Last year, govt allowed 100% FDI in multi-brand food retail. Global e-commerce major Amazon is aiming to enter the food retailing sector in India with investment plans of $515 million over the next 5 years. Food Processing Industries Minister Harsimrat Kaur ...
 Afaqs6 days ago

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