Amazon, two others get nod for FDI in food retailWhile Amazon Retail has proposed investment of Rs 3,500 crore, Supermarket Grocery Supplies has planned Rs 105 crore.
03 Aug, 2017, 12.23 AM IST
Walmart okay with selling only Made-in-India products: India CEOWe are okay with selling only ‘Make in India’ products because even in our cash-andcarry stores, imported items make up for only 5% of our ...
29 Mar, 2017, 11.49 PM IST
Aditya Birla Group shortlists PEs for Rs Rs 2,400 crore retail company stakeBirla will raise $200 million each from two investors, which values the new retail company at $2.2 billion (Rs 13,000 crore) in enterprise ...
04 Sep, 2014, 12.04 PM IST
AAP government writes to DIPP, withdraws permission for FDI funded retail storesAAP led govt has written to the department of industrial policy and promotion (DIPP) seeking to withdraw its permission to allow FDI in mul...
14 Jan, 2014, 03.00 AM IST
Kishore Biyani's Future Group in talks with Actis Capital to buy supermarket chain NilgirisIf the deal goes through, it will give Biyani control over 140 supermarket chains in south India, where Future Group is trying to boost pre...
20 Nov, 2013, 07.01 AM IST
Enforcement Directorate finds no violation of FDI guidelines by Walmart"There is no concrete basis for the agency to take forward the probe, unless otherwise there are some new directions from the RBI," sources...
17 Oct, 2013, 10.00 PM IST
Kishore Biyani’s Future Retail seeks FIPB approval to raise FII stake to 49% from 24%The move is expected to help Future Group attract foreign capital without running into the stringent conditions associated with bringing in...
31 May, 2013, 02.00 PM IST
Tesco boss Philip Clarke calls on Ratan Tata as FDI in retail gets go-aheadPhilip Clarke made a hush-hush visit over the weekend and met Ratan Tata and other Tata officials to set the ball rolling on the retailer's...
11 Dec, 2012, 06.00 AM IST
FDI in retail: Unclear sourcing norms, stand of many states make global retailers wary of India entryOn single-brand front, retailers are seeking crucial clarifications from govt even after the country eased local sourcing norm.
01 Nov, 2012, 06.10 PM IST
Easyday brand to stay even after Walmart entry: Rajan Mittal, VC & MD, Bharti EnterprisesRajan Bharti Mittal, VC and MD of Bharti Enterprises, says allowing foreign investment in multi-brand retail will not displace neighbourhoo...
17 Sep, 2012, 06.37 AM IST
FDI in multi-brand retail may get rolling after presidential electionGovt is likely to revive an order allowing foreign investors to own majority stakes in Indian supermarkets & department stores after presid...
05 Jul, 2012, 07.03 AM IST
FDI in India to create 10 million jobs over 3 years: Anand SharmaUnder the new policy allowing foreign supermarkets in India the govt will have the first right to procure farm products, the trade minister...
29 Nov, 2011, 08.56 PM IST
- Domestic retailers not worried about foreign competition
Some domestic biggies like Future Group, Reliance Retail and Aditya Birla Retail said it will take time for foreign rivals to make presence...
26 Nov, 2011, 12.28 AM IST
- British minister looks to Indian retail sector reform
Wal-Mart, the world's second-largest retailer, has already opened two wholesale stores and plans to open 10 more within four years.
18 Jan, 2011, 07.48 PM IST
- Carrefour arrives in India, eager for market to open up
The 5,200 sq metre (56,000 square feet) wholesale store in the east of the capital New Delhi and is open to food firms, institutions, resta...
31 Dec, 2010, 05.21 PM IST
- Pantaloon Retail postpones restructuring
Listed retailer Pantaloon Retail, has postponed its restructuring as it expects government to soon change foreign investment norms for mult...
04 Jun, 2009, 04.30 AM IST
- Retail stores in India, a sign of rapid change
Brightly-lit and splashed in day-glo colours, new supermarkets sprout each month in a sign of rapid economic change.
20 May, 2007, 04.00 PM IST