India No 1 investment destination among BRICS for British cos
Examples of deals include BP's tie-up with Reliance Industries, which was worth USD 7.2 billion. More recently, with India opening up its retail sector for foreign direct investment (FDI), Tesco has...
View ArticleAnand Sharma seeks counsel of Law Ministry on Delhi’s FDI U-turn
Commerce and Industry Minister Anand Sharma has termed the Delhi government's decision as "irresponsible" and "ill-considered". The post Anand Sharma seeks counsel of Law Ministry on Delhi’s FDI U-turn...
View ArticleFDI policy in multibrand retail not a revolving door: Anand Sharma
The ministry is upset over the Delhi's government recent decision to withdraw the approval given by the previous Sheila Dikshit--led government for FDI in multibrand retail, saying the move would...
View ArticleLeo Burnett finds a new CCO in RajDeepak Das
After KV Sridhar's recent exit as Leo Burnett's chief creative officer, the agency has appointed RajDeepak Das to fill Sridhar's shoes. In his new role, Das will spearhead the creative team of Leo...
View ArticleNo country for middlemen: India targets agents in food chain as inflation bites
Modi's food and finance ministers are now pushing states to let fruit and vegetable farmers sell to anyone they want, ending a practice that governs more than 7,000 wholesale markets. The post No...
View ArticleNo country for middlemen: India targets agents in food chain as inflation bites
Modi's food and finance ministers are now pushing states to let fruit and vegetable farmers sell to anyone they want, ending a practice that governs more than 7,000 wholesale markets. The post No...
View ArticleNo decision on FDI in multi-brand retail: Govt
As per the current policy, 51 per cent FDI is permitted in multi-brand retail trading. When the UPA-led government announced the policy, BJP had strongly opposed. The post No decision on FDI in...
View ArticleApart from Tesco, India’s multi-brand retail is a no-show affair
Apart from UK-based Tesco Plc, the government has not received any other proposal for investment in the country's multi brand retail sector so far, Parliament was informed today. The post Apart from...
View ArticleGovt considering six FDI proposals in single-brand retail
In January 2012, India raised the FDI cap in single-brand retail to 100 percent from 51 percent. Around 18 proposals worth $173 million were approved between April 2010 and May 2013, as per the...
View ArticleWalmart focuses on wholesale business, says Indian market important, long term
Walmart International president and CEO David Cheesewright, who is in India on a three-day visit, reiterated that the company is focused on growing its wholesale business in India. The post Walmart...
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