FDI in single-brand retail

Relaxing FDI norms to spur investments in country: Das

Finance Ministry on Tuesday said the relaxation of FDI norms in as many as 15 sectors by the government will help open floodgates of investment in the country.

Nov 10, 2015, 19:46 PM IST

No change in stand on retail FDI, says Commerce Minister

Traders body CAIT has also criticised the central government for retaining the retail FDI policy.

May 14, 2015, 18:23 PM IST

63 proposals approved for FDI in single-brand retail: Sharma

Government has approved 63 proposals for FDI in single brand retail so far, Union Commerce Minister Anand Sharma said on Friday.

Mar 15, 2013, 20:33 PM IST

FDI in single-brand retail fails to gain momentum: Report

Foreign investment in single-brand retail has failed to gain momentum despite hike in FDI limit to 100 percent from 51 percent earlier, property consultant Knight Frank said in a report.

Oct 03, 2012, 19:32 PM IST

End of policy paralysis: Govt approves 51% FDI in multi-brand retail

After battling stiff opposition, government Friday allowed 51 percent foreign investment in multi-brand retail but left it to the states to permit global retailers open stores.

Sep 14, 2012, 17:49 PM IST

IKEA not at the cost of domestic artisans: Govt

Swedish furniture maker IKEA will not be permitted relaxation in rules for FDI in single-brand retail if it affects interest of the domestic small and tiny units, new Minister for MSME Vayalar Ravi, said on Tuesday.

Aug 21, 2012, 18:09 PM IST

Sourcing norm should not be a problem for IKEA: Sharma

The government will make "clarifications" in the policy for FDI in single-brand retail if needed but meeting the 30 percent sourcing norm should not be a problem for IKEA, Commerce and Industry Minister Anand Sharma on Thursday said.

Jul 12, 2012, 19:55 PM IST

Sourcing clause on single brand retail well thought-out: Sharma

The government on Wednesday virtually ruled out revisiting the condition on sourcing in the proposed 100 percent FDI in single-brand retail, stating that the decision on 30 percent mandatory procurement from the domestic small enterprises is well thought-out.

Feb 01, 2012, 20:40 PM IST

India Inc welcomes 100% in single-brand retail

FICCI too expressed its satisfaction on the development.

Jan 10, 2012, 23:20 PM IST

Govt to go ahead with 100% FDI in single-brand retail: Sharma

The government Tuesday said it will go ahead with its decision to allow 100 percent foreign direct investment (FDI) in single-brand retail.

Dec 27, 2011, 23:33 PM IST

Retail FDI will benefit all: CII

Terming the decision to invite foreign direct investment (FDI) into the retail sector as a major reform measure, leading industry body CII on Monday said it will greatly improve investment sentiment.

Dec 05, 2011, 20:55 PM IST

Organised retailing win win for consumers, kirana: PwC

Indian organised retailing which is growing by an annual 20 percent, will not only help consumers but also the small kirana stores, research and consultancy firm PwC said on Monday.

Dec 05, 2011, 18:13 PM IST

Global firms may face hurdle in 28 of 53 cities opened for FDI

With BJP, JD(U), AIADMK, BSP and Trinamool Congress strongly opposing FDI in multi-brand retail, global chains may face problems in opening stores in 28 of the 53 cities which have been thrown open to retailers like Walmart and Carrefour.

Nov 27, 2011, 12:26 PM IST

Walmart and Tesco may face hurdles in 28 cities

Global chains like Walmart, Carrefour and Tesco may face problems in opening stores in over half of the 53 cities eligible for FDI in multi-brand retail.

Nov 25, 2011, 20:55 PM IST

Spencer's open for FDI with minority stake

The RP-Sanjiv Goenka group has expressed interest in joining hands with a foreign retail major once FDI in multi-brand is in place, but said it would retain a controlling stake in the retail venture.

Nov 25, 2011, 17:45 PM IST

RBI hopes FDI in retail will reduce inflation

The Reserve Bank on Friday expressed the hope that foreign direct investment in multi-brand retail will help in bringing down inflation.

Nov 25, 2011, 17:30 PM IST

FDI in retail to create over 10 million jobs in 3 years: Govt

In the press conference, Sharma mentioned, allowing FDI in the multi and single brand retail with greater proportion will address the woes of the farmers and generate employment for rural India.

Nov 25, 2011, 13:46 PM IST

Govt considering to raise FDI cap in single-brand retail

Government is "seriously" considering to raise the 51 percent cap in foreign direct investment (FDI) in single-brand retail business, Commerce and Industry Minister Anand Sharma said Tuesday.

Oct 11, 2011, 14:39 PM IST