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New govt unlikely to be positive for retail industry: Experts

Last Updated: Sunday, May 11, 2014, 12:20

A new government is unlikely to bring any cheers to the domestic retail industry unless it spells out its foreign direct investment policy for the sector in which investors are holding back investments due to lack of clarity, industry experts have said.

Global players wary of fine print on India retail invite

Last Updated: Saturday, November 26, 2011, 09:36

Global supermarket chains welcomed a long-awaited invitation from India to invest in the country's USD 450 billion retail market, but they fear the small print may keep a lid on investment in the short term.

India nod to FDI in multi-brand retail an important step: Walmart

Last Updated: Friday, November 25, 2011, 11:00

The world's largest retailer Walmart has termed India's decision to allow 51 percent FDI in multi-brand retail as a "first important step" and said it will study the finer details of the new policy to determine the impact on its ability to do business in India.