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MNC e-commerce giants violating FDI norms: CAITReleasing a whitepaper on the e-commerce policy, the Confederation of All India Traders (CAIT) said e-commerce entities have "structured th...- Apple flexes India muscle with locally sourced battery packsApple is sourcing battery packs from US contract manufacturer Flex’s India plant for locally-made iPhones.
- Apple has a Rs 1,000 crore retail plan in storeApple plans to set up online selling platform, and open three of its iconic stores in India in 2-3 yrs.
- OnePlus cautious as government tweaks FDI norms, Oppo and Vivo gung ho about growth opportunitiesThe government on Wednesday eased foreign direct investment (FDI) rules around Single Brand Retail Trade.
- View: Modi government's FDI tweak would reinforce the confidence in investorsWith a global slowdown anticipated in coming months, these steps may reinforce the confidence in investors.
- Easing single brand retail rules to lure Apple, Oneplus, others: ICEAThe new rules will usher in significant growth of handset demand and better customer experience, the India Cellular & Electronics Associati...
- Govt to release final blueprint on big ticket FDI reform soonFDI blueprint, aimed at opening sectors like Digital Media, Insurance, Information Utilities and Contract Manufacturing, is ready and will ...
- 100 per cent FDI in single-brand retail to help Apple, Chinese companies: AnalystsSetting up own stores helps brands offer closer engagement with customers, something that will come handy for these global giants seeking t...
- Urban Ladder receives single brand licence from DIPPUrban Ladder had applied for a single brand licence during September last year as a strategic shift to be an offline retailer.
- Urban Ladder gets a new CFOThe company's stagnating growth has been speculated to be the reason behind several of the top exits.
- Urban Ladder looks to build its business with franchiseesThe retailer, which is expected to bag a SBRT license by early July, is looking at expanding its presence to10-15 new cities in 2017 with t...
- Puma goes for solo ride in India, acquires local partner Knowledge Fire’s stake in joint ventureWith the acquisition of the partner’s 49% stake, Puma also inherits a network of about three dozen companyowned outlets, a person aware of ...
- 'Apple, Acer, Lenovo, OPPO seek relaxation in sourcing norms'the government has not yet taken any decision on their requests, Commerce and Industry Minister Nirmala Sitharaman said in a written reply ...
- Government clears 89 single-brand retail, 1 multi-brand proposalsIn February 2006, the government permitted 51 per cent FDI in the single brand sector. In 2012, it raised the cap to 100 per cent.
- Skechers, Kiko get nod for single brand retailSkechers USA Inc. and Italian cosmetic brand Kiko have secured the government’s approval to open outlets in the country.
- Xiaomi seeks exemption from local sourcing normsXiaomi has sought complete exemption from the mandatory 30 per cent local sourcing norms for opening single brand retail stores in India.
- Puma and Adidas seek government's permission to operate ecommerce portalsAdidas had in November 2015 announced its intent to open its first fully-owned outlet in India in the second half of the fiscal.
- Cheer for cos like Apple, Rolex as government eases local procurement guidelines for single-brand retailIn a major leg-up for global brands such as Apple and Rolex, India has relaxed a mandatory local procurement condition for high-tech compan...
- P Chidambaram takes a dig at PM Narendra Modi on FDIPrime Minister Narendra Modi, Chidambaram said, should recall what he had tweeted on December 5, 2012.
- Not easy to achieve $300 bn export target for 2011-12: GovernmentIndia will face difficulties in achieving the export target of $ 300 billion for 2011-12 due to uncertainties in the European market, Parli...
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