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Amazon India Responds to Report on Secret Strategy to Dodge Regulators as Retailer Group Calls for Ban
A leading group of Indian retailers on Wednesday urged the government to ban the local operations of Amazon, after a report said that the US e-commerce giant has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the country's strict foreign investment regulations.
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Amazon Investigated By Enforcement Directorate For Alleged FDI Violation
The Enforcement Directorate is investigating retail giant Amazon for alleged violations of the foreign exchange law in its deal with Future Retail. The agency has filed a case after the Delhi High Court recently made observations about the deal while hearing Amazon's challenge to the acquisition of the Kishore Biyani-led Future Retail by the Relian...
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Opinion: Walmart's Big India Deal Is An Admission Of Defeat
Walmart Inc. might want to portray its $16 billion purchase of India's largest e-commerce firm, Flipkart Group, as a brilliant strategic move, long-planned in secret, that would allow the U.S. retail giant to manage the transition away from big-box stores globally. Yet, the truth is that the deal represents a second-best outcome -- if that -- for W...
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Amazon Pulls Out Mahatma Flip Flops After Outrage In India
After a huge outrage in India, retail giant Amazon has pulled out the flip-flops bearing the face of Mahatma Gandhi. The External Affairs Ministry, which had taken up the issue after intervention by Foreign mInister Ms Sushma Swaraj , today said the product is no longer being sold.
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P Chidambaram defends India's rules for foreign retailers
India is defending government regulations that have prompted US retail giant Wal-Mart to hold back on opening superstores there.
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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.
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India wants more information from Walmart over lobbying
A retired judge probing whether Walmart may have bribed Indian officials to gain easier market access said Wednesday he wants to ask the US supermarket giant more questions about its activities.
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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.
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Delhi races to open its doors to multi-retail malls
Delhi's plan of being one of the first cities in the country where a multinational retail giant could open its doors to the public may have to wait just a bit. Today the Delhi government defended its decision to support and press for the introduction of Foreign Direct Investment in retail in the city.
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Wal-Mart's disclosure on lobbying for FDI in India stirs new controversy
In India, a new controversy has erupted over the decision to open up the vast retail sector to foreign supermarkets.
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Wal-mart's disclosure on lobbying for FDI in India stirs new controversy
In India, a new controversy has erupted over the decision to open up the vast retail sector to foreign supermarkets. In the US, Wal-Mart has disclosed that it spent 25 million dollars or 125 crores in the last four years on lobbying for various projects including "enhanced market access for investment in India."
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Delhi may become first state to have Walmart store
Delhi may soon become the first city in the country to have global retail chains like Walmart and Tesco, with the city government all set bring a bill in the Winter session of assembly beginning on Tuesday to remove hurdles in ensuring "effective" implementation of Foreign Direct Investment (FDI) in multi-brand retail.
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Walmart denies breaking India investment rules
US retail giant Walmart on Friday denied accusations it broke rules banning foreign investment in Indian supermarkets while the government said no formal inquiry had been ordered.
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FDI in retail: The Walmart experience in Punjab
As the political storm over Foreign Direct Investment (FDI) in multi-brand retail continues to rage, it is business as usual at a Bharti Walmart store in Zirakpur in Punjab. While most detractors of FDI would see red over the mention of Walmart - the American MNC is one of the few global retail giants that would benefit from the government's contro...
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FDI in multi-brand retail comes into effect
Showing resolve for reforms, the government on Thursday notified its decision to allow global retail giants like Walmart to open stores in India, on a day several political parties called Bharat Bandh to protest against the policy.
-
Amazon India Responds to Report on Secret Strategy to Dodge Regulators as Retailer Group Calls for Ban
A leading group of Indian retailers on Wednesday urged the government to ban the local operations of Amazon, after a report said that the US e-commerce giant has for years given preferential treatment to a small group of sellers on its India platform and used them to circumvent the country's strict foreign investment regulations.
-
Amazon Investigated By Enforcement Directorate For Alleged FDI Violation
The Enforcement Directorate is investigating retail giant Amazon for alleged violations of the foreign exchange law in its deal with Future Retail. The agency has filed a case after the Delhi High Court recently made observations about the deal while hearing Amazon's challenge to the acquisition of the Kishore Biyani-led Future Retail by the Relian...
-
Opinion: Walmart's Big India Deal Is An Admission Of Defeat
Walmart Inc. might want to portray its $16 billion purchase of India's largest e-commerce firm, Flipkart Group, as a brilliant strategic move, long-planned in secret, that would allow the U.S. retail giant to manage the transition away from big-box stores globally. Yet, the truth is that the deal represents a second-best outcome -- if that -- for W...
-
Amazon Pulls Out Mahatma Flip Flops After Outrage In India
After a huge outrage in India, retail giant Amazon has pulled out the flip-flops bearing the face of Mahatma Gandhi. The External Affairs Ministry, which had taken up the issue after intervention by Foreign mInister Ms Sushma Swaraj , today said the product is no longer being sold.
-
P Chidambaram defends India's rules for foreign retailers
India is defending government regulations that have prompted US retail giant Wal-Mart to hold back on opening superstores there.
-
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.
-
India wants more information from Walmart over lobbying
A retired judge probing whether Walmart may have bribed Indian officials to gain easier market access said Wednesday he wants to ask the US supermarket giant more questions about its activities.
-
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.
-
Delhi races to open its doors to multi-retail malls
Delhi's plan of being one of the first cities in the country where a multinational retail giant could open its doors to the public may have to wait just a bit. Today the Delhi government defended its decision to support and press for the introduction of Foreign Direct Investment in retail in the city.
-
Wal-Mart's disclosure on lobbying for FDI in India stirs new controversy
In India, a new controversy has erupted over the decision to open up the vast retail sector to foreign supermarkets.
-
Wal-mart's disclosure on lobbying for FDI in India stirs new controversy
In India, a new controversy has erupted over the decision to open up the vast retail sector to foreign supermarkets. In the US, Wal-Mart has disclosed that it spent 25 million dollars or 125 crores in the last four years on lobbying for various projects including "enhanced market access for investment in India."
-
Delhi may become first state to have Walmart store
Delhi may soon become the first city in the country to have global retail chains like Walmart and Tesco, with the city government all set bring a bill in the Winter session of assembly beginning on Tuesday to remove hurdles in ensuring "effective" implementation of Foreign Direct Investment (FDI) in multi-brand retail.
-
Walmart denies breaking India investment rules
US retail giant Walmart on Friday denied accusations it broke rules banning foreign investment in Indian supermarkets while the government said no formal inquiry had been ordered.
-
FDI in retail: The Walmart experience in Punjab
As the political storm over Foreign Direct Investment (FDI) in multi-brand retail continues to rage, it is business as usual at a Bharti Walmart store in Zirakpur in Punjab. While most detractors of FDI would see red over the mention of Walmart - the American MNC is one of the few global retail giants that would benefit from the government's contro...
-
FDI in multi-brand retail comes into effect
Showing resolve for reforms, the government on Thursday notified its decision to allow global retail giants like Walmart to open stores in India, on a day several political parties called Bharat Bandh to protest against the policy.
