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Supreme Court rejects plea against FDI in multi-brand retail
The court said the impugned policy allowing FDI in multi-brand retail did not suffer from any vires, and there was no merit in the challenge to it. #NewsTracker #Supreme Court #FDI in multi-brand retail
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Walmart continues lobbying with American lawmakers on 'FDI in India'
Walmart continued to lobby with the American lawmakers over Indian retail 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. #Walmart #US #CorporateStrategy #Lobbying #FDI in multi-brand retail
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ED probes FDI violations by multi-brand retail cos
The Enforcement Directorate is probing alleged violation of foreign exchange regulations by certain firms engaged in multi-brand retail. #NewsTracker #FDI in multi-brand retail #Enforce Directorate
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Economic TimesMore clarity on retail FDI this week
NEW DELHI: India will issue fresh clarifications this week on foreign direct investment in multi-brand retail, nine months after the policy was announced but found no takers due to lack of clarity on the numerous conditions imposed on investments. "We ha #India #New Delhi #Ikea
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Economic TimesGlobal retailer warehouses in states opp FDI
NEW DELHI: Global retailers like Walmart and Tesco can set up warehouses, cold storages and source products from SMEs in states which have not permitted FDI in the multi-brand retail sector, a senior official said. "Foreign players can set up warehouses #Wal-Mart #New Delhi #Philip Clarke
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Economic TimesM&Smay have to seek nod under multi-brand retail policy
NEW DELHI: UK clothing chain Marks & Spencer may have to seek approval under the multi-brand retail policy to continue to do business in India as its current business model of selling sub-brands does not seem to meet the country's single brand retail pol #Marks & Spencer #New Delhi #India