Fdi In Retail

Bengal Traders To Join Nationwide Strike To Protest Flipkart-Walmart Deal

India News | Press Trust of India | Tuesday September 25, 2018

West Bengal traders' body today said they would join the proposed national strike of traders on September 28 to protest the Flipkart-Walmart deal and FDI in retail trade.

Baba Ramdev Says He Does Not Support FDI In Retail

India News | Press Trust of India | Tuesday January 16, 2018

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.

Reebok Seeks Government Nod To Open Single Brand Retail Stores

Business | Press Trust of India | Tuesday June 6, 2017

The company has submitted its proposal to the Department of Industrial Policy and Promotion (DIPP).

Government Considering FDI Relaxation In Multi-Brand Retail Policy

Business | Press Trust of India | Saturday March 18, 2017

Sources said the government is considering permitting foreign supermarket players to open retail stores but only for sale of 'Made in India' products.

Union Minister Nirmala Sitharaman On FDI Reforms: Highlights

India News | NDTV.com | Monday June 20, 2016

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:

Multinationals Can Take Advantage Of Relaxed FDI Norms: Government

Business | Press Trust of India | Friday May 6, 2016

The government on Friday said multi-national giants like Apple can take advantage of the relaxed FDI norms in the single-brand retail sector.

Traders Body Opposes 100% FDI In Marketplace Model Of E-commerce

Business | Press Trust of India | Tuesday March 29, 2016

Strongly opposing the decision to allow 100 per cent FDI in marketplace model of e-commerce, traders body CAIT on Tuesday said the move will give back door entry to global players in multi-brand retail trading and impact MSMEs.

Single-Brand Retail a Non-Starter, Only Rs 700 Crore FDI in 9 Years: Report

Business | Press Trust of India | Sunday July 19, 2015

The lowly FDI from 2006-07 to 2014-15 in single brand retail was received from over 80 proposals, which include Brooks Brother, a UK-based shoe firm, Pavers England and Burberry International Holdings all cleared by the government, an official said.

Traders Oppose FDI in Retail, E-commerce; High Court Asks Centre to Take Views

Business | Wednesday June 17, 2015

Justice Mukta Gupta asked the Confederation of All India Traders (CAIT) to prepare a fresh representation, as the petition did not show how they were being impacted by the government's FDI policy, and to send it to the Centre within a week.

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

India News | Press Trust of India | Wednesday May 13, 2015

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.

Ikea Inks MoU to Open Store in Telangana

Business | Wednesday September 24, 2014

Founded in 1943, Ikea is one of the world's largest retailers in furniture, household goods and textiles. It was one of the first companies in India to be allowed 100 per cent foreign direct investment (FDI) in retail under the government's liberalised policy.

Amazon.com's Retail Practices in India Under Scrutiny: Report

Business | Saturday September 6, 2014

Regulators in India are investigating whether Amazon.com Inc may have circumvented restrictions placed on foreign investors by selling directly to domestic consumers, The Wall Street Journal on Friday, citing unidentified sources.

Switzerland's Swatch to Open Stores in India: Report

Business | Saturday July 19, 2014

Swatch, with $10 billion in annual sales, has made a formal proposal to the commerce ministry under which the company would have 100 per cent control of its business, a business said.

India Inc wants BJP to reconsider stand on FDI in retail

Business | Monday April 7, 2014

Dismayed by the BJP's decision to say no to foreign direct investment (FDI) in multi-brand retail in its election manifesto, India Inc has urged the party to reconsider its stand, saying the move may send a wrong signal to overseas investors.

BJP's 'Modi-festo' headlines economy, downplays Ram Mandir

Elections News | Rahul Shrivastava | Tuesday April 8, 2014

Narendra Modi, the frontrunner for prime minister, today promised good governance and inclusive development as his BJP released its much-delayed manifesto on the first day of polling for the nine-phase general election.