Thursday May 23, 2013
Commerce and Industry Minister Anand Sharma said on Thursday that the government will issue certain clarifications in foreign direct investment policy which will come into effect prospectively.
Monday May 20, 2013
US-based Walmart and UK-based Tesco have sought clarifications from the DIPP on whether they could set up warehouses in states which are against the Centre's retail FDI policy.
Sunday May 19, 2013
Land acquisition will be a major hurdle for Swedish furniture retailer IKEA to set up its stores in India and it may have to even depend on public auction by government, according to real estate consultants.
Friday May 10, 2013
The Enforcement Directorate, which is probing alleged violations of forex laws by retail giant Walmart in its investment in two Indian firms, has asked the Department of Industrial Policy and Promotion to clarify rules governing FDI in the multi-bran...
Wednesday May 8, 2013
The government said on Tuesday that it has cleared 17 foreign direct investment proposals totaling Rs 262.56 crore, including that of Sanofi-Synthelabo (India).
Press Trust of India | Monday May 6, 2013
A government-appointed panel probing Wal-Mart 's lobbying with the US lawmakers for its entry into Indian market will submit its report within a fortnight, wherein it may also suggest framing rules in India for lobby activities by companies.
Press Trust of India | Sunday May 5, 2013
The government-appointed panel, looking into Wal-Mart's lobbying with American lawmakers for its entry into the Indian market, is likely to meet on Monday and deliberate on information provided by the retail giant.
Reuters | Sunday May 5, 2013
Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.
Saturday May 4, 2013
With the government liberalising FDI norms and setting up a system to speed up mega projects, Finance Minister P Chidambaram said on Saturday that India story of investment is "just starting out".
Friday May 3, 2013
Chief Economic Advisor Raghuram Rajan today said the government is examining all possibility of raising foreign direct investment ceiling in various sectors to help increase inflows and prop up economic growth.
Thursday May 2, 2013
The Cabinet Committee on Economic Affairs today cleared the much-awaited Rs 10,500-crore proposal of Swedish retailer IKEA to set up single brand retail stores in the country.
Wednesday May 1, 2013
The Supreme Court on Wednesday cleared the hurdles for the implementation of FDI in multi-brand retail sector saying that the "consumer is king and if that is the philosophy working behind the policy then what is wrong".
Tuesday April 30, 2013
Commerce and Industry Minister Anand Sharma is expected to discuss hiking of FDI cap in the defence sector as well as issues related to foreign direct investment with Finance Minister P Chidambaram on Wednesday.
Agence France-Presse | Monday April 29, 2013
Swedish fashion retail giant H&M aims to open 50 stores in India to tap the South Asian nation's growing middle-class market, an Indian government statement said on Monday.
Monday April 29, 2013
H&M has applied for 100% single brand investment worth 100 million euro through wholly owned subsidiary of the brand owner. They plan to establish 50 stores.