Fdi In-multi-brand-retail

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Fdi In-multi-brand-retail - Total results - 57
Case closed: ED gives Wal-Mart clean chit, says there's no FDI violation
Business

Case closed: ED gives Wal-Mart clean chit, says there's no FDI violation

The Enforcement Directorate, which probed the alleged contravention of foreign exchange laws by Walmart in its investments in domestic supermarket chain Bharti Enterprises, has found no violation of FDI guidelines by the U.S. multinational retail giant.

Timeline: How India tried to reform retail sector through FDI
Economy

Timeline: How India tried to reform retail sector through FDI

Foreign retailers have been keen to enter India's $500 billion retail market since the country allowed overseas investment in its supermarket sector in September 2012 but ambiguity around entry rules has kept them away.

Future Group to Reliance: Who said what on FDI in multi-brand retail
Business

Future Group to Reliance: Who said what on FDI in multi-brand retail

Hailing government's announcement to relax investment norms in multi-brand retail and raising FDI caps in several sectors, India Inc today said reforms were "much-needed" and will boost the confidence of foreign investors which will help in reviving the economy.

After zero applicants, Cabinet eases rules for FDI in multi-brand retail
Economy

After zero applicants, Cabinet eases rules for FDI in multi-brand retail

India, which threw open its supermarket sector to foreign retailers in September 2012, has not yet received a single application due to ambiguity around existing entry rules.<br /><br />

Won't change FDI policy; if Walmart goes, others will come: Cong
Business

Won't change FDI policy; if Walmart goes, others will come: Cong

Congress today ruled out any "change" in the FDI policy to suit any particular company saying if Walmart goes, others will come.

Bribery, the 'speed money' that puts brakes on India's retail growth
Business

Bribery, the 'speed money' that puts brakes on India's retail growth

Hong-Kong entrepreneur Ramesh Tainwala spent 18 months operating branded clothing retail stores in India before deciding it was impossible to succeed without paying bribes.

Supreme Court rejects plea against FDI in multi-brand retail
India

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.

Walmart continues lobbying with American lawmakers on 'FDI in India'
Business

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.

ED probes FDI violations by multi-brand retail cos
Business

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.

2012, a bad year for the FDI, corrective steps taken: Govt
Economy

2012, a bad year for the FDI, corrective steps taken: Govt

Government today said 2012 has been a bad year for FDI due to global economic slowdown and steps were being taken to increase its inflow.

Big bang FDI reforms likely to attract investments in 2013
Business

Big bang FDI reforms likely to attract investments in 2013

The global financial uncertainties forced the government in 2012 to finally show animal spirit in liberalising FDI policy amidst objections from Opposition parties with as many as seven sectors being further opened up during the period.

Wholesome meal: Govt set to clear Ikea cafes today
Business

Wholesome meal: Govt set to clear Ikea cafes today

The government is likely to clear Ikea's proposal to open cafeterias at its proposed mega retail outlets when the Foreign Investment Promotion Board (FIPB) reviews the Swedish furniture major's request today.

Of FDI, Wal-Mart & controversies: 2012 was an eventful year for retail
Business

Of FDI, Wal-Mart & controversies: 2012 was an eventful year for retail

The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament.

'Govt reaching limits on providing monetary stimulus'
Economy

'Govt reaching limits on providing monetary stimulus'

Stating the government is reaching the limits on providing fiscal or monetary stimulus, Chief Economic Adviser Raghuram Rajan today said the need of the hour was to improve investor confidence

Govt gives in, orders probe into Wal-Mart lobbying report
Politics

Govt gives in, orders probe into Wal-Mart lobbying report

Bowing to opposition pressure, the government today announced a time-bound inquiry by a retired judge into reports of lobbying by retail giant Wal-Mart to gain entry into India.

Supreme Court rules out early hearing on Wal-Mart lobbying issue
Politics

Supreme Court rules out early hearing on Wal-Mart lobbying issue

The Wal-Mart lobbying issue was today raised in the Supreme Court which said it cannot give an early hearing on the issue.

'Flurry of reforms improve India's growth prospects in 2013'
Economy

'Flurry of reforms improve India's growth prospects in 2013'

Withdrawal of support to government by an 'obstinate coalition partner' and flurry of reforms have improved India's growth prospects in 2013, said global rating agency Moody's today.

Lobbying allegations are false, says Bharti Walmart
Business

Lobbying allegations are false, says Bharti Walmart

Bharti Walmart today denied allegations that it spent money in India to gain access to the market.

Parliament live: Uproar in Rajya Sabha over Walmart 'lobbying' report
Politics

Parliament live: Uproar in Rajya Sabha over Walmart 'lobbying' report

The FDI hurdle is over, but the promotions quota is likely to be another flash point for the government. Tracking live updates.

FDI motion in Rajya Saba marked by glitches in vote recording system
Politics

FDI motion in Rajya Saba marked by glitches in vote recording system

Glitches in the automatic vote recording system of the Rajya Sabha marked the crucial vote on the motion against FDI in multi-brand retail which the government won.