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India will not allow multi-brand retail by foreign firms, predatory pricing: Commerce minister Piyush Goyal
•The government will not allow foreign companies to operate in the multi-brand segment and necessary action will be taken against people indulging in predatory pricing, Commerce and Industry Minister Piyush Goyal said on Wednesday
New FDI norms for e-commerce: Comprehensive policy applicable to foreign, domestic players need of the hour
Anshuman Magazine •It could be difficult for the e-commerce players to rely on small/medium scale individual players for large scale deliveries.
E-commerce rules do not allow foreign investment in multi-brand retail: DIPP
•These clarifications have come against the backdrop of new provisions announced by the DIPP related to FDI in e-commerce sector last month.
CAIT slams CII report favouring 100% FDI in multi-brand retail, says move will 'affect livelihoods of crores of people'
•The traders' body said foreign direct investment in multi-brand retail is a crucial issue affecting livelihood of crores of people in the country
Budget 2018: Retailers seek industry status, GST simplification, relaxed FDI
•In the run up to the budget, retailers have asked the government to simplify GST system and grant industry status to the sector for easier access to finance and attract more investments.
FDI not worth much without tech transfer, it contributes only 2% to India's investments: Subramanian Swamy
•The government on Wednesday relaxed FDI policy for medical devices and audit firms associated with companies receiving overseas funds.
100% FDI in single brand retail will render large number of people jobless, impact small businesses: CAIT
Ians •In major changes liberalising FDI in key sectors, the Union cabinet on Wednesday approved 100 percent foreign investment in single brand retail trading.
Food processing sector attracted FDI worth $183 mn in last two months, says union minister Badal
•After allowing 100 percent FDI in multi-brand retail, there has been a 40 percent increase in FDI in the food processing sector
Giving advice on beauty is best way to sell beauty products, says Falguni Nayar, Nykaa
Sulekha_nair •Nykaa’s strategy is mall-led and the firm hopes to touch a turnover of Rs 100 crore pretty soon, says Falguni Nayar, CEO, Nykaa.
Obama's a friend, but Sangh may deny Modi ease of doing business with the US
Mk Venu •The US government has figured that Modi wants to do business with them in areas where India's contentious political economy does not come in the way.