Shimla, May 12 (UNI) Himachal Pradesh unit of CPI(M) has opposed the decisions of Congress Government to allow Foreign Direct Investment in multi-brand retail in the state. Reacting over media report, CPI(M) state secretariat member Tekinder Singh ...

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 ...

Foreign multi-brand retailers like Walmart, Tesco and Carrefour can heave a sigh

Mumbai, May 12: Mall developers will now be compelled to hire mall management services, especially when global brands are looking at India after the government cleared FDI in retail, experts say. "There is already an increasing competition from the ..

Around the same time last year, retailers had shut down stores for a few days to oppose FDI in retail, saying the entry of large supermarkets would decimate the local kirana store.

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 ...

The Cabinet Committee on Economic Affairs (CCEA) on Thursday cleared Swedish furniture major IKEAs R10,500-crore investment proposal in India, the largest FDI in single-brand retail so far.

By Kunal Kumar Kundu NEW DELHI - Why are foreign retailers not interested in India? An apparently substantial policy measure, nay, a revolutionary leap (as the mandarins in the government would want us to believe), was announced on September 14, ...

British retailer keen on entry into Indian multi-brand