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FDI on backburner: Retailers sell assets, scale back expansion
Six months after the government backtracked on plans to allow foreign retail giants to form JVs, cash-starved domestic chains are selling assets, shutting stores, and scaling back expansion plans. #HowThisWorks #Wal-Mart Stores Inc. #Wal-Mart #Future Group #CARREFOUR S.A. #retailers
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It's the middlemen again: Price of potatoes up 53%, tomatoes 33%
The aloo is passed from farmer to middleman after middleman and then to the final vendor like a hot potato, climbing in price at every stage. #Inflation #Reserve Bank of India #ConnectTheDots #potato #CARREFOUR S.A. #tomatoes
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Retail FDI could spur sales and demand of flagging realty
Industry doyens have termed it a "win-win" for the sector and hailed it as a policy that will help the sector grow, bringing much needed capital in the area. But, guess who else is smiling? #Wal-Mart Stores Inc. #real estate #retail sector #multi-brand retail #CARREFOUR S.A. #Tesco PLC
Wire
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Economic Times
Tesco seeks changes in retail FDI sourcing norms, promises to invest in India
NEW DELHI: Britain's largest supermarket chain Tesco Plc has lobbied with the government for change in certain conditions for multi-brand retail, and promised to consider investments in India in a few months. In his meeting with commerce and industry min #India #New Delhi #United Kingdom
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Regina Leader-Post
Baby formula smuggling on rise
Since the former British colony on March 1 restricted outbound travellers to two 2-pound cans each, a syndicate has been cracked and more people have been arrested for smuggling milk powder than were detained all of last year for carrying heroin. The rea #China #Nestle #Hong Kong
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Africa Business
Plénitude, 1er salon du Développement Personnel et Bien-Être au Maroc
Améliorer sa vie, ou changer de vie , aujourd’hui ceux qui aspirent à vivre mieux sont de plus en plus nombreux .Dans un monde de stress quasi permanent, le bien-être devient plus qu’un besoin, c’est une nécessité. Mettre au profit de tous les différente #




