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New govt plans to liberalise FDI policy

Last Updated: Thursday, May 29, 2014, 13:12

Prime Minister Narendra Modi is expected to unveil his top 10 policy priorities on Thursday.

Govt should not rescind current FDI policy in MBR

Last Updated: Wednesday, May 28, 2014, 19:39

Noted economist T N Srinivasan has advised the newly elected government not to rescind the current FDI policy of allowing foreign investment in multi-brand retail.

India's decision on FDI in multi-brand retail to be respected

Last Updated: Wednesday, May 28, 2014, 17:52

The indication by the BJP government not to allow multi-brand retail by foreign players, was to be respected, British Deputy High Commissioner Scott Furssedonn-Wood said on Wednesday.

Nirmala says no to FDI in multi-brand retail

Last Updated: Tuesday, May 27, 2014, 18:05

Sitharaman, who took charge of the ministry, was replying to a question whether the government would rescind the current FDI policy of allowing foreign investment in MBRT.

Nirmala Sitharaman says no to FDI in multi-brand retail

Last Updated: Tuesday, May 27, 2014, 17:07

Reaffirming BJP`s stand on FDI in multi-brand retail, new Commerce and Industry Minister Nirmala Sitharaman on Tuesday indicated that foreign players will not be allowed to open mega stores in the country as it may adversely impact the small traders and farmers.

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.