Fdi In Multi Brand Retail

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

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

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 />

Retail stocks up over 10% after UPA's FDI win in Lok Sabha

Retail stocks today rose by up to over 10 percent after the government got approval of Lok Sabha for FDI in retail.

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.

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

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

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

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

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.