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Showing 1 - 15 News out of 33

LOTS Wholesale Solutions expands its footprint in India

LOTS Wholesale Solutions commences its 2nd store operations in Akshardham, East Delhi

November 01, 2018  |  comments ( 0 )  | 

Govt asks food retail firms to maintain separate books of accounts, inventories

As per norms, a foreign company can open a wholly-owned subsidiary in India to retail food products produced and or manufactured in the country by way of opening stores

June 26, 2018  |  comments ( 0 )  | 

Harsimrat Kaur Badal asks ministry to relax restrictions over Amazon's food plans

Despite having state of the art resources Amazon has not been able to utilize them for food retailing venture due to policy hurdles.

June 14, 2018  |  comments ( 0 )  | 

DIPP Approves 2 FDI Proposal In Retail Sector

Damro Furniture would undertake single brand retail trading of 'Damro' branded products in India according to the DIPP's Foreign Investment Facilitation portal.

December 27, 2017  |  comments ( 0 )  | 

DIPP Approves 2 FDI Proposal In Retail Sector

Damro Furniture would undertake single brand retail trading of 'Damro' branded products in India according to the DIPP's Foreign Investment Facilitation portal.

December 27, 2017  |  comments ( 0 )  | 

Reebok Gets Permission To open Single Brand Retail

Reebok India had asked governments permission to set up single brand retail stores in the country

October 25, 2017  |  comments ( 0 )  | 

Industry department finalizing a proposal that will allow foreign companies to count the procurement for global operation

The industry department is finalizing a proposal that will allow foreign companies to count the procurement they do for their global operations from India as part of

October 11, 2017  |  comments ( 0 )  | 

The DIPP has approved five more FDI proposals for single-brand retail

Since the abolition of the Foreign Investment Promotion Board (FIPB), the DIPP is now the nodal department for all FDI proposals requiring government approval

October 04, 2017  |  comments ( 0 )  | 

Grofers gets DIPP approval for online trading of food products

Grofers was the first company to seek in August last year approval under the new policy notified by the Department of Industrial Policy and Promotion

July 27, 2017  |  comments ( 0 )  | 

Government approves Amazon's $500 million food retail investment in India

As per the proposal, the company will open a wholly-owned subsidiary in India to carry out the business. It will stock food products and sell online.

July 10, 2017  |  comments ( 0 )  | 

Amazon proposes around $500 million investment in food retail in India

The Department of Industrial Policy and Promotion (DIPP) will soon give green signal to the Amazon's investment plan

June 09, 2017  |  comments ( 0 )  | 

Amazon proposes $500 million investment in food retail in India

The Department of Industrial Policy and Promotion (DIPP) will soon give green signal to the Amazon's investment plan

June 09, 2017  |  comments ( 0 )  | 

Reebok seeks government's approval to set up single brand retail stores in India

As per the foreign direct investment (FDI) policy, 100 per cent equity investment is allowed in single brand retail trading

June 07, 2017  |  comments ( 0 )  | 

Zivame, Benneton apply single-brand retail licence

Actoserba Active Wholesale, which owns Zivame, has applied to DIPP for expansion of its existing facilities and conversion of wholesale to retail operations

May 26, 2017  |  comments ( 0 )  | 

Government works on quicker exit for startups

Ramesh Abhishek, DIPP secretary said, "We want to ensure that startups have access to debt and equity to grow. Various measures are being discussed."

March 21, 2017  |  comments ( 0 )  |