Fdi In Retails

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  Baba Ramdev Says He Does Not Support FDI In Retail

  Yoga guru Baba Ramdev on Tuesday said he does not support FDI in the retail sector. He, however, defended Patanjali's move to fund its expansion plans through foreign venture funds.

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  Union Minister Nirmala Sitharaman On FDI Reforms: Highlights

  Commerce Minister Nirmala Sitharaman in an interview to NDTV speaks on the recent reforms in Foreign Direct Investment, announced by the Modi government, which includes relaxation in single brand retail paving way from Apple and IKEA stores in the country. Here are the highlights of the interview:

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  Government Retains 51% FDI in Multi-Brand Retail, Which BJP Had Opposed

  The BJP-led central government has retained the previous UPA regime's decision allowing foreign retailers to open multi-brand stores with 51 per cent ownership, a consolidated FDI policy document released on Tuesday shows.

• Government relaxes norms in FDI multi-brand retail

  The government today relaxed norms for foreign direct investment or FDI in multi-brand retail, paving the way for retailers like Wal-Mart to set up shop in the country.

• New FDI rules a setback for foreign, local retailers

  New rules requiring foreign supermarkets to set up their own warehouses and stores in India are likely to further delay the entry of companies like Wal-Mart Stores, increase costs and hurt cash-strapped local retailers eager to partner with foreign companies.

• India clarifies Foreign Direct Investment rules for supermarkets

  Foreign supermarkets entering India must invest in new supply chain infrastructure, such as warehouses and cold-storages, rather than buying existing assets, the government said today in a clarification of rules announced last year.

• Wal-Mart lobbying: Government's probe panel likely to meet on Monday

  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.

• Walmart continues US lobbying on 'FDI in India'

  Walmart continued to lobby with the American lawmakers over Indian retail Foreign Direct Investment or FDI rules during the first quarter of 2013, even as a probe is underway into the global retail giant's US lobbying activities for facilitating its India entry.

• Will oppose FDI till our last breath: BJP

  Assuring support to the traders opposing the Congress-led government's decision to allow FDI in retail, BJP leader Arun Jaitley said on Thursday that his party would oppose the move till its "last breath".

• Supreme Court: Can't interfere in Centre's policy on foreign direct investment in retail

  A month after it questioned the government's decision to allow foreign direct investment or FDI in retail, the Supreme Court today said that it can't intervene in policies framed by the executive unless they are arbitrary.

• BJP will roll back FDI in retail if voted to power: Rajnath Singh

  The BJP national president Rajnath Singh today reiterated that the party would reverse the UPA government's decision to allow FDI in retail if voted to power in the general elections in 2014.

• On FDI, Supreme Court asks government how it will protect small traders

  The Supreme Court asked the government today if its decision to allow foreign super-chains into the country is more than "a political gimmick."

• US lawmakers release documents on Wal-Mart bribery allegations

  US lawmakers have released emails that show Wal-Mart's top leadership was aware of allegations of bribery in its Mexico operations as early as 2005 but the global retail giant said it has provided this information to law enforcement authorities as part of investigation into the bribery allegations.

• Wal-Mart chief Mike Duke confident of setting up India business

  Amid fierce opposition to Foreign Direct Investment (FDI) in multi-brand retail and the Indian government agreeing to an inquiry into lobbying by Wal-Mart, the global retail giant says it's confident of setting up shop in the country.

• Hamid Ansari calls rules committee meeting to break Rajya Sabha deadlock

  Rajya Sabha Chairman Hamid Ansari has called for a meeting of the Rules Committee today to try and get the House to function again and conduct the Question Hour smoothly. After many days were lost to the deadlock over Foreign Direct Investment (FDI) in multi-brand retail till last week, parties are now disrupting proceedings over the Wal-Mart lobby...