Monday February 4, 2013
The Foreign Investment Promotion Board is likely to take up four proposals of global brands, including Decathlon and Fossil Inc, worth over Rs 750 crore for setting up single-brand retail stores in India during its next meeting scheduled on February 13.
Friday September 28, 2012
At a time when foreign brands are wary about the sourcing clause for investing in India's retail sector, British men's luxury clothing and accessories label, Hackett London today said it sees the country as a potential global sourcing hub.
World News | Agence France-Presse | Tuesday March 6, 2012
Italian Foreign Minister Giulio Terzi today summoned India's ambassador to Rome to condemn the imprisonment of two Italian marines accused of shooting dead two Indian fishermen as illegitimate. Terzi told ambassador Debabrata Saha that the incarceration of the two soldiers in a prison in Thiruvananthapuram in the southern state of Kerala ordered by...
NDTV Correspondent | Tuesday November 29, 2011
The government has decided to allow foreign retailers to open stores in the country, opening India’s fast-growing retail market to outsiders. The long-awaited decision will allow retailers who sell multiple brands of products to own 51% of their Indian operations. The decision is likely to be met by stiff political resistance, but Commerce Minist...
India News | mid-day.com | Friday January 14, 2011
The Indian market is all set to welcome competition with a number of brands making an entry this year. The move started with Starbucks Corp tying up with Tata Coffee Ltd on Thursday to pave way for retail locations in India as well as to source premium Arabica coffee beans from India."India is as large an opportunity as there exists in the world, c...