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About 4 results for "rakesh biyani"

Govt booster shot on single brand retail gets mixed reactions

City: Chennai In 2012, Swedish furniture major IKEA started doing research in India going from one household to another in different cities to understand the needs of the Indian consumer. In 2013, it announced plans to invest Euro 1.5 billion or around Rs ... The Financial Chronicle, 1 month ago

Giving and pledging for a better tomorrow

Mini Tejaswi City: Bangalore Indian billionaires have donated hundreds of thousands of crores of their personal wealth in an effort to bridge the gap between the super rich and dispossessed. Financial Chronicle tracks their pledges, and discovers that the ...
 The Financial Chronicle1 month ago
Rediff.com

Why retailers are angry with the government

While brick-and-mortar retailers have been the most vocal in their protests, e-tailers do not seem to be in a hurry. After hitting out at the government on social media, retailers are gearing up to protest against revised merchant discount rates (MDRs) for debit card transactions. MDR is the rate charged to a merchant by a bank for providing debit card transaction service.   On Wednesday, the Reserve Bank of India (RBI) changed the basis of MDR as per the category of a merchant from the ...
 Rediff.com2 months ago
Rediff.com

To attract more FDIs, govt mulling changes in MRP labeling norms

India's MRP and Packaged Commodities Acts are dated and not in line with the modern world’s digital price mechanisms and comparisons. India-based multi-brand retail giants are questioning any demarcation in labelling rules between them and single-brand retailers.   In the hope of billions of dollars in foreign direct investment (FDI), the government is planning major changes in the labelling norms to exempt international single-brand retailers from stamping the Maximum Retail Price ...
 Rediff.com2 months ago
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