More clarity on retail FDI this week

KOLKATA: Despite the efforts of US ambassador to India Nancy J Powell to convince Bengal chief minister Mamata Banerjee to soften her stand on foreign direct investment (FDI) in retail segment, the state government made it clear that it

ting curbs on investment and sourcing, govt can impose export obligations on retailers The current policy for permitting FDI in multi-brand retail comes with many riders including several that are fundamentally and practically infeasible to comply ...

NEW DELHI: Global retailers like Walmart and Tesco can set up warehouses, cold "Foreign players can set up warehouses and also source products from small and medium enterprises from those states which are against FDI in multi-brand retail. No state ...

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 ...

NEW DELHI: In a change of stance, the government is considering a proposal to allow companies applying for foreign direct investment (FDI) in multi-brand retail to enter the e-retailing segment as well.Despite opening up the sector

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 ...

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 ...

Micro, small and medium enterprises (MSMEs) aren't happy at the government's decision to allow more FDI into the retail segment, especially its nod to 51 per cent FDI in multi-brand retail. MSMEs, which operate on small investments and revenues, are ...

UK's leading retailer Tesco plc on Friday sought clarifications from the government regarding sourcing norms for foreign direct investment in retail before drawing up its plans for India. The company, which has a partnership with Tata group firm ...