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FOREIGN SUPERMARKETS
Director who left over 400 Indian, Bangladeshi migrants unpaid returns to Singapore: MinisterAn Indian-origin permanent resident, accused of abandoning over 400 migrant workers without pay, has returned to Singapore. His passport ha...
Can anyone fix Britain? Regular change of PM a symptom of UK's malaiseBritain faces a political crisis with a rapid turnover of leaders, the latest being Keir Starmer's resignation. Decades of economic stagnat...
Ambani says Reliance succession plan near completion as children take over day-to-day operationsMukesh Ambani announced the near-complete transfer of daily management at Reliance Industries to his children, Akash, Isha, and Anant. They...
‘Reels abroad, real consequences?’ IPS officer warns viral videos could tighten visa rules for IndiansAn IPS officer has voiced concerns that viral videos of Indians exhibiting inappropriate public behavior abroad could negatively impact the...
Rare earth mining is poisoning Mekong River tributaries, threatening 'the world's kitchen'Toxic runoff from unregulated rare earth mines in Myanmar and Laos is contaminating the Mekong River and its tributaries, threatening the l...
Tesco completes JV with Trent; first foreign supermarket chain to bring FDI in multi-brand retailThe latest development comes days after the Tesco-Trent alliance received the final nod for a joint venture from the Competition Commission...
Retail stocks take a hit as AAP says no to FDI-funded stores in DelhiThe stocks of retail firms took a beating on the Street a day after the Delhi govt officially shut its doors to foreign-owned supermarket g...
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...
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...
Foreign supermarkets to wait for outcome of 2014 polls before investingBJP's virulent opposition to their entry has made them nervous, and they don't want to be caught in no-man's land if the party comes to pow...
FDI in retail: Global retailers like Wal-Mart, Tesco, Carrefour and others not buying India storyFour months have passed since govt braved opposition to allow foreign supermarkets to enter India, but it has not received any investment p...
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...
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.
- D L Kalhan joins issue with Keith Vaz over FDI in retail
Indian Overseas Congress in the UK today joined issue with British Labour MP Keith Vaz for asking Indian parliamentarians to be cautious ab...
- Don't open multi-brand FDI in retail, PM told
The Samajwadi Party and the Left have urged Prime Minister Manmohan Singh not to let FDI in multi-brand retail sector, saying this will vir...
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...
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...
PM defies calls for rollback of FDI in retail sectorOpposition and UPA allies are demanding a rollback of the reform allowing foreign supermarket giants to enter the country's $450 bn retail ...
FDI in retail: All-party meet fails to break logjam, Parliament adjournedAll-party meeting convened by the govt to arrive at a consensus over allowing FDI in the retail sector failed to reach a breakthrough.
- Wal-Mart urges India to open retail sector
The world's number one retailer Wal-Mart said on Thursday it could open "hundreds of stores" in India if the government opened up the count...