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’Conditions for FDI in multi-brand retail create hurdles’

Indian retailers feel that the clarification by DIPP on FDI in multi-brand segment, which among others require mandatory fresh investment in back-end infrastructure, will create hurdles and neithe... »
INDIAFILE

Farmed out to Big Retail

A spinach farm at Bhaktawarpur on Delhi-Haryana border. The vegetable sorting and grading centre at Kuppam - Bijoy Ghosh Is Big Retail good for farmers? Do they get better prices? Does it work for them? Business Line reporters visited several key vegetable growing areas around the country to see how farmers are building relationships with organised retail. Farmers are happy with the experience but what happens in the long run? A report by R. RAVIKUMAR. »

Global retailers can open warehouses in States opposing FDI

Global retailers such as Walmart and Tesco can set up warehouses, cold storages and source products from SMEs in states which have not permitted FDI in the multi-brand retail sector, a senior offi... »

FDI in retail to force developers into mall management: Experts

Mall developers will now be compelled to hire mall management services, especially when global brands are looking at India after the government cleared FDI in retail, experts say.“There is... »

CCEA meeting to consider IKEA proposal postponed

The meeting of Cabinet Committee on Economic Affairs, which was scheduled to consider the Rs 10,500 crore proposal of Swedish furniture major IKEA, did not take place today due to paucity of time. »

Economy

The CCEA will now have to clear the Rs 10,500-crore proposal of IKEA that includes stores and cafeterias.

IKEA’s proposal likely to be considered by CCEA tomorrow

The much-awaited Swedish retail IKEA’s Rs 10,500-crore proposal to set up single brand retail stores in the country is expected to be taken up by the Cabinet Committee on Economic Affairs (CCEA) t... »

International

Walmart has denied any wrongdoings in its lobbying activities in the US. It says the disclosures have been made as per the legal framework in that country.

Walmart continues to lobby in US over India retail FDI rules

Walmart continued to lobby with the American lawmakers over Indian retail FDI rules during the first quarter of 2013, even as a probe is under way into the global retail giant’s US lobbying activi... »

Economy

FDI in retail: Expert doubts potential for job creation

The expected job creation following the opening up of the retail sector for FDI will be doubtful, says Sukhpal Singh, Chairman, Centre for Management in Agriculture, IIM-Ahmadabad. He wa... »
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