Global retailer warehouses in states opp FDI

NEW DELHI: India will issue fresh clarifications this week on in multi-brand retail, nine months after the policy was announced but found no takers due to lack of clarity on the numerous conditions imposed on investments. "We have received a number ...

after the company first filed the application in June 2012. This is considered to be the biggest FDI in retail sector under the single-brand route. IKEA, the Swedish furniture major is in no hurry to open first of its stores in India after a long ...

Probe report by April, says Govt New Delhi, Feb. 28: Walmart Asia President and CEO Scott Price has said his company welcomed the recent opening of the multi-brand retail sector in India to foreign direct investment (FDI). He stated that the move offers ...

US retail giant Walmart and French multinational retailer Carrefour have written to the Indian Government seeking clarity on certain rules guiding investments in multi-brand retail, including those related to compulsory sourcing of inputs from the small and ...

After US retail giant Walmart, it may be UK's clothing chain (M&S) turn to face the heat from the Enforcement Directorate on charges of alleged violation of Foreign Direct Investment rules levelled against it by the Finance Ministry. The (DIPP) will ...

. He advocated the need for a clear distinction between a small trader at a taluka or panchayat level with that of traders conducting business in urban cities

Job losses due to FDI in retail will impact the entire distribution structure. A recent Supreme Court judgement has said that the Governments policy allowing FDI in retail is not ultra vires, besides also a means of providing a positive influence on the farm ...

The conditions imposed on prospective investors betray a lack of understanding of the dynamics of the business. After years of heated discussions on opening multi-brand retail to foreign investors and the eventual endorsement of the policy after a cliff-hanger vote in Parliament in December 2012, it would be a matter of great chagrin to the government and the mandarins who drafted the policy that no proposal has been submitted for approval. Instead of the billions in dollars and euros that the ...

In an evident attempt to provide clarity on regulations pertaining to retail FDI, department of industry policy and promotion (DIPP) will be issuing a set of clarifications so as to address the concerns related to foreign investment in multi-brand ...