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FDI in multi-brand retail to push growth: Goldman Sachs

Last Updated: Wednesday, December 05, 2012, 21:24

The government Wednesday won an Opposition motion against 51 percent FDI in multi-brand retail with a comfortable margin in the Lok Sabha. The motion will be voted up on in the Rajya Sabha on Friday.

Industry hails Lok Sabha approval to FDI in retail

Last Updated: Wednesday, December 05, 2012, 20:52

Indian industry on Wednesday welcomed the approval accorded by Lok Sabha to FDI in multi-brand retail, saying it will send a strong signal to foreign investors and enable the government to take up further economic reforms.