CAIT raises objection over Flipkart-Aditya Birla Fashion proposed deal, says it violates FDI policy
The Confederation of All India Traders (CAIT) has raised objections over Flipkart-Aditya Birla Fashion and Retail proposed deal, stating that the…
Curbs on FDI to operate multi-brand retail will continue, says Piyush Goyal
Piyush Goyal, the Commerce and Industry Minister, that the government has no proposal to allow foreign companies to operate multi-brand retail.…
GUESS to go on its own in India!
GUESS, Inc. boosts its expansion strategy with the incorporation of its subsidiary, GUESS India, in Gurgaon, India. This move enforces the company’…
Special wing to check FDI violations in e-commerce
India proposes to create a special group to keep tabs on any violation of its foreign investment policy by online retail platforms such as Amazon,…
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Govt asks food retail firms to maintain separate books of accounts, inventories
Govt asks food retail firms to maintain separate books of accounts, inventories Food retail firms who have invested in foreign companies will have…
CAIT files complaint with ED against Flipkart
The Confederation of All India Traders CAIT has filed a complaint against Flipkart with the Enforcement Directorate for alleged violation of the…
Xiaomi Changes Agreement terms to let it buy Mi Home stores in India
Chinese manufacturer Xiaomi is planning to amend its franchise agreement to buy out the ownership of exclusive Mi Home stores in India so as to…
Walmart-Flipkart May get Spared From FDI Norms
Flipkart’s acquisition by Walmart is expected to be spared from policy norms as the Indian e-commerce major runs a marketplace in which 100%…
ASICS Prepares To Comply With FDI Norms To Launch Single Brand retail
Sportswear brand ASICS is slowly increasing the product supply, manufactured in India to comply with foreign direct investment norms for single-…
Organized Retail In India Will Rise To 10% In Next Two Years-CRISIL
With the cabinet's approval of 100 percent FDI in single-brand retail via automatic route being welcomed by many key stakeholders in the industry,…
FDI In Single Brand Retail To Boost Commercial Space Demand
The government's decision to grant 100 per cent FDI for single brand retail would boost demand for retail space from foreign brands looking to set…
Cabinet Approves 100% FDI In Single Brand Retail
Cabinet approved 100 per cent Foreign Direct Investment (FDI) in single-brand retail via automatic route. Currently, FDI, up to 100 per cent is…
Grofers gets DIPP approval for online trading of food products
Online grocery firm Grofers today said it has received government nod for retailing food products in India and will invest $40 million to expand…
Government approves Amazon's $500 million food retail investment in India
The government has approved American e-commerce major Amazon's proposed $500 million investment in retailing of food products in India, an official…
Amazon proposes around $500 million investment in food retail in India
US retail giant Amazon's proposed $500 million investment in retail of food products in India would soon get official nod, an official said. The…
Reebok seeks government's approval to set up single brand retail stores in India
Global athletic footwear and apparel company, Reebok, has sought government's nod to set up single brand retail stores in the country. The…
Government mulling over 100 % FDI in single brand retail
The Government may allow 100 per cent FDI through automatic route in single brand retail to attract a larger number of global players in the sector…
Govt planning media blitz to hard sell India for FDI
The Commerce and Industry Ministry is planning a media blitz- print, electronic and social - to hard sell India as an attractive investment…
FDI in retail can help UP\'s cold storage industry grow 10 times: Assocham
By PTI   LUCKNOW: With 41 per cent of the total cold chain storage capacity of the country, the sector has the potential to grow up to 10 times if…
Decision on fare hike, FDI in rail sector soon, says railway minister
By PTI A decision on hiking passenger fares and on allowing foreign direct investment in railways is likely to be taken before the Rail Budget, the…
Indian Government may announce FDI in e-retail
India could allow much awaited FDI approval in e-commerce by next month. Speaking to media a senior government official, said, “Most stakeholders…
DIPP seeks FDI in e-commerce
The department of industrial policy and promotion (DIPP) will push for foreign direct investment (FDI) in e-commerce as media reports indicated. As…
Rajasthan echos Delhi on retail FDI
Following the footprints of Delhi, Rajasthan Government too has thwarted the central government that allows global supermarket chains to set-up…
Multi-brand FDI may be relaxed
The Union finance ministry is understood to put forth an initiative that foreign retailers could be allowed entry into India without certain…
M&S under scanner for FDI violation
  UK clothing chain Marks and Spencer (M&S)  may be violating the Indian government’s FDI policy in single brand retail, as it bars retailers…
Honda to open two-wheelers stores
  Honda Motor's two-wheeler unit in India has sought permission from the government to open wholly owned stores in the country. This move should…
Uniqlo & H&M stores in India soon
  The global fashion retailers, Uniqlo and H&M could be the next big retailers marking their entry in to the Indian market via FDI. The two soon…
RIL takes Bharti Retail to court
Reliance Fresh has filed a case against Bharti Retail and took it to court over misleading price comparisons, thus causing tension between the two…
4 Intl labels get FIPB approval
The FIPB has cleared the proposals of four overseas retailers to set up operations in the country. French cookware maker Le Creuset, sportswear…
Parliament approves FDI
  India’s parliament on Friday rejected opposition's motion against FDI in retail and approved the government’s plans to allow international…
Retail FDI wins vote in LS
The Government has finally got an approval of the Parliament on the decision to bring FDI in the multi-brand retail sector. The Lok Sabha also…
'FDI debate with voting' agreed upon
The government has accepted the opposition's demand for a debate over the issue of allowing FDI in retail under a rule that entails voting. Lok…
3 Fema amendments for FDI
G E Vahanvati, Attorney General told the Supreme Court that the Centre had notified three amendments to the Foreign Exchange Management Act (Fema)…
Trade focus on Indian Ocean region
  Indian Ocean Global Forum organised CII underscored the trade relevance at South Asia, Austarlia and Africa, collectively the Indian Ocean region…
Finally, FDI in Multi brand retail!
  The Cabinet has finally decided to operationalise 51 per cent Foreign Direct Investment (FDI) in multi-brand retail. However, it has left it…
Pavers to go independent
The UK-based footwear and accessories retailer, Pavers England, plans to operate on its own in India and will reportedly apply for single brand…
100% FDI in m-wallet
Mobile wallets and e-wallets will soon be opened to 100 per cent FDI, but with stringent rules to safeguard stability of the country's financial…