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Richemont seeks entry into India's luxury retail market

Last Updated: Friday, January 17, 2014, 01:28

Luxury goods group Richemont , whose stable of brands includes jewellers Cartier and Van Cleef & Arpels, has applied to open shops in India, joining other global retailers who entered the market since New Delhi relaxed investment rules.

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.

Wal-Mart comments on India plans not "final word": FM

Last Updated: Tuesday, October 08, 2013, 09:29

Wal-Mart Asia Chief Executive Scott Price on Sunday told he thought it would be very difficult for any foreign or domestic retailer to comply with restrictions on investment.

'18 single brand retail FDI proposals approved till May, 2013'

Last Updated: Tuesday, August 20, 2013, 15:14

The government approved a total of 18 foreign direct investment proposals worth USD 173 million in the single brand retail sector between April 2010 and May 2013.

Govt may relax FDI norms for muti-brand retail today

Last Updated: Thursday, August 01, 2013, 08:51

The government is likely to liberalise FDI norms for multi-brand retail on Thursday, a move that Finance Minister P Chidambaram expects will help attract first foreign investment in the sector.

Govt may tweak retail FDI norms to ease foreign chains' entry

Last Updated: Tuesday, July 02, 2013, 19:01

The government is considering to tweak FDI policy in retail sector so as to allow global chains like Walmart, Carrefour and Tesco to open multi-brand stores in non-hilly cities with population less than one million.

Decision on IKEA proposal: CCEA meeting postponed

Last Updated: Wednesday, May 01, 2013, 09:18

The meeting of Cabinet Committee on Economic Affairs, which was scheduled to consider the Rs 10,500 crore proposal of Swedish furniture major IKEA, did not take place Wednesday due to paucity of time.

Retail sector can support existence of various formats: Experts

Last Updated: Friday, February 22, 2013, 19:35

The country's retail sector provides enough opportunity for supporting both absorption of new players as well as expansion of the existing ones, experts have said.

FDI reforms show govt can take strong decisions: Sharma

Last Updated: Thursday, January 24, 2013, 20:21

Following recent liberalisation of foreign investment norms for the retail sector, global businesses have got the message that Indian government can take strong decisions, Commerce and Industry Minister Anand Sharma said here on Thursday.

Tesco seeks clarifications on India's FDI retail policy

Last Updated: Thursday, January 24, 2013, 19:24

The UK-based retail giant Tesco on Thursday sought clarifications from Commerce and Industry Minister Anand Sharma on some of the conditions that India has imposed while allowing foreign players to open stores in the multi-brand retail sector during their meeting here.

India Ratings maintains negative outlook for retail sector

Last Updated: Tuesday, January 15, 2013, 15:55

India Ratings has maintained a 'negative outlook' for the retail sector with "luxury segment" expected to be the worst hit in 2013.

No plans to constitute a retail regulatory authority: Govt

Last Updated: Wednesday, December 19, 2012, 15:18

The government on Wednesday said it has no plans to constitute a retail regulatory authority.