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FDI in single brand retail

CAIT opposes 100% FDI in single brand retail via automatic route

CAIT said the move will facilitate easy entry of MNCs in the retail trade.

Jan 10, 2018, 14:44 PM IST

Govt considering 6 FDI proposals in single-brand retail

In January 2012, India raised the FDI cap in single-brand retail to 100 percent from 51 percent. Around 18 proposals worth USD 173 million were approved between April 2010 and May 2013, as per the government data.

Dec 16, 2014, 17:17 PM IST

DIPP working out detail definition of 'single brand retail'

Government is in the process of coming out with a definition of 'single brand retail' to remove ambiguities, in the wake of issues arising out of retailing of sub-brands by global retailers like M&S and Zara.

Jun 06, 2013, 22:19 PM IST

Govt examining all possibility to raise FDI ceiling: Rajan

Chief Economic Advisor Raghuram Rajan on Friday said the government is examining all possibility of raising foreign direct investment ceiling in various sectors to help increase inflows and prop up economic growth.

May 03, 2013, 15:15 PM IST

Govt clears three FDI proposals in single brand retail

The proposals were cleared by the Foreign Investment Promotion Board (FIPB) headed by Economic Affairs Secretary Arvind Mayaram.

Oct 19, 2012, 18:58 PM IST

IKEA needs to submit revised application for opening stores

Swedish home furnishing major IKEA will have to revise its application and reapply to the government for opening stores in India after the relaxation of mandatory sourcing norms for FDI in single brand retail, an senior official said.

Sep 18, 2012, 14:28 PM IST

63 foreign proposals approved in single brand retail: Govt

The government has approved 63 proposals of foreign companies, including Louis Vuitton and Marks and Spencer, for retailing in single brand in the country so far.

Aug 14, 2012, 18:44 PM IST

FDI in retail: Govt to tweak MSME definition for IKEA investment

India on Saturday said it is working on revising the definition of small and medium enterprises to help them meet the MSME criteria while catering to foreign retail players.

Aug 04, 2012, 15:28 PM IST

IKEA entry will empower small units: Sharma

The entry of retail giant IKEA will help empower small and medium enterprises further, while the government will continue to protect the interests of SMEs, Commerce and Industry Minister Anand Sharma said on Wednesday.

Jun 27, 2012, 17:31 PM IST

Govt to notify 100% FDI in single brand retail soon

The government is soon expected to issue the notification allowing 100 percent foreign direct investment in single brand retail, Industry Secretary, P.K.Chaudhery said on Friday.

Jan 06, 2012, 13:50 PM IST

Industry feels let down with recall of FDI in retail

Govt decision to hold back FDI in retail is a highly regressive move, FICCI said.

Dec 07, 2011, 15:03 PM IST

Industry feels let down with recall of FDI in retail

Govt decision to hold back FDI in retail is a highly regressive move, FICCI said.

Dec 07, 2011, 15:03 PM IST

Global players wary of fine print on India retail invite

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.

Nov 26, 2011, 09:36 AM IST

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

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.

Nov 25, 2011, 11:00 AM IST

Carrefour hails India's retail liberalisation move

World No. 2 retailer Carrefour on Thursday hailed India's decision to open its supermarket sector to foreign players and said it would continue to develop its existing cash-and-carry business in the fast-growing market.

Nov 25, 2011, 09:31 AM IST