No change on FDI in retail, says Jaitley

Against the backdrop of speculation about Narendra Modi’s comments suggesting a rethink on the FDI policy, BJP today said their opposition to FDI in retail will not change.“As far as FDI in... »

Can States revoke FDI consent? Centre to ask Attorney-General

Closing doors? If States back-track on approvals it would affect foreign investment flows into the country. New Governments in Delhi, Rajasthan want to withdraw approval »

Traders appoint ad firm to widen retail FDI stir

Traders opposed to foreign direct investment (FDI) in multi-brand retail have become more savvy. On Saturday, the Confederation of All India Traders (CAIT) released a ‘special musical anthem’ to h... »      1 comment

Walmart wants mandatory local sourcing level reduced to 15%

US retail giant Walmart has asked the Government to reduce the mandatory local sourcing norm to 15 per cent, saying it cannot meet the stipulated level required to open multi-brand stores in India... »

FIPB gives go-ahead to Tesco, Vodafone investment proposals

British retailer to invest Rs 680 cr; UK telecom giant to pay Rs 10,000 cr for 100% in Indian arm »
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