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Don't change FDI policy, Sharma's advice to his successor

Last Updated: Friday, May 16, 2014, 08:27

Worried that the new government might amend the FDI policy especially in retail, Commerce and Industry Minister Anand Sharma has prepared a "handover note" advising his successor to ensure "stability" of the FDI rules.

Commerce Ministry seeks opinion on retail FDI policy reversal

Last Updated: Tuesday, February 18, 2014, 21:03

The Commerce and Industry Ministry has asked the Law Ministry for its opinion on whether the Delhi and Rajasthan governments can reverse decisions to allow foreign retailers to start supermarket chains.

'Rajasthan govt decision on retail FDI to dent investor confidence'

Last Updated: Saturday, February 01, 2014, 18:28

Industry body Assocham on Saturday expressed serious concern over the withdrawal of FDI policy in multi-brand retail by the Rajasthan government and said the decision would dent the confidence of global investors.

Rajasthan follows Delhi in scrapping FDI in multi-brand retail

Last Updated: Friday, January 31, 2014, 21:20

Rajasthan, one of 12 states that agreed to allow global companies to open supermarkets, scrapped approval given by previous government for foreign direct investment (FDI) in multi-brand retailing.

Rajasthan too scraps FDI in multi-brand retailing

Last Updated: Friday, January 31, 2014, 20:47

Following Delhi, Rajasthan has scrapped the decision to allow FDI in multi-brand retailing.

Walmart seeks more clarity on FDI rules for multi-brand entry

Last Updated: Friday, January 24, 2014, 14:37

Eyeing India as a long-term growth market, US-based retail giant Walmart says it is currently focussing on expanding its wholesale retail business in the country and would wait for further clarity on rules for entering the multi-brand retail business.

Global retailer Wal-Mart sets up new company in India

Last Updated: Sunday, January 19, 2014, 17:25

Global retail giant Wal-Mart has registered a new company in India as it prepares to enter the country's lucrative multi-brand retail market with a new partner.

AAP govt scraps FDI in multi-brand retail, says Delhi not ready

Last Updated: Monday, January 13, 2014, 20:36

In a major policy reversal, the Aam Aadmi Party Government on Monday withdrew the approval given by the previous Sheila Dikshit dispensation for FDI in multibrand retail in Delhi.

Removal of multi-brand retail FDI to hit investments: Industry

Last Updated: Monday, January 13, 2014, 20:22

India Inc Monday expressed strong displeasure over the Delhi government's decision to withdraw approval to FDI in multi-brand retail, saying the move was likely to hinder foreign investments flowing into the country.

Govt clears four FDI proposals worth Rs 502 cr

Last Updated: Tuesday, December 31, 2013, 18:01

Four foreign direct investment proposals, including that of Mahle Holding India and HBO India, totalling Rs 502 crore have been cleared by the government.

FIPB clears Tesco's $110 mn multi-brand retail proposal

Last Updated: Monday, December 30, 2013, 18:00

The Foreign Investment Promotion Board Monday approved UK-based Tesco Plc's proposal to enter the Indian multi-brand retail segment in joint venture with Tata Group company with an initial investment of USD 110 million (about Rs 680 crore).

FIPB approves Tesco's multi-brand retail offer to enter India

Last Updated: Monday, December 30, 2013, 16:54

UK-based Tesco Plc's had proposed to enter the Indian multi-brand retail segment with an initial investment of USD 110 million.