Retail Fdi

Wal-Mart Asia chief to discuss sourcing norms with Anand Sharma on 1 Nov

Asia-CEO of retail giant Walmart, Scott Price, will meet with Commerce Minister Anand Sharma on 1 November to seek clarification on India's retail policy, CNBC-TV18 reported today. <br /><br />

Wal-Mart effect: Tesco won't invest in India unless there's clarity on retail FDI

Despite India relaxing a further set of rules governing foreign investment in its retail sector, US retail giant Walmart called off its six year partnership with the Bharti Group while other retailers are now going slow on expansion.<br /><br />

Retailers plunge on multi-brand FDI doubts

Shares in Pantaloon Retail fell 5.2 percent. India's top retailer had surged 26.4 percent since the end of May to Friday's close, far outperforming Nifty's 6.5 percent gain, on hopes the government would open up the retail sector.

Wal-Mart continues lobbying in US for India entry

The company has, however, maintained that these disclosures have nothing to do with political or governmental contacts with Indian government officials

No faith in PM, retailers in dire need of funds

All retail counters are trading well below the levels from where they started when FDI in retail was cleared by the commerce minister.

Cash-straped retailers plunge after govt puts FDI 'on pause'

Caught in a debt trap, they were looking at foreign direct investment to bail them out of their miseries. Even a pause in FDI can be disastrous for some of the retailers who are running short of time to meet their commitment.

Retail FDI is a non-starter yet. Should govt abandon it?

With the critics of the retail FDI policy gaining in strength, the lack of consensus on the issue is becoming clearer.

Ikea 'bargains' its way into India: what does this mean for the rest?

Unless the regulatory framework improves, foreign retailers would continue to be cautious about India. Most international players have already put their India plans on the back burner given uncertainty in the political space since general elections are due in 2014.

Parliament's decision to allow FDI in retail a win-win for all: US

FDI can create opportunities for small businesses, for farmers, spur investment in infrastructure and bring benefits to consumers as well as lower food prices. FDI in retail will grow markets in India as it has in China, Brazil and many other developing economies, said the State Department spokesman, Mark Toner

Diplomats, think tanks chalk out road map for retail FDI

Cultural mindset of the population, large-scale loss of jobs, and stability of the average prices of products are some of the problems faced by MNCs which wish to enter the Indian retail sector