Foreign Direct Investment
Retail
Future Ventures FDI proposal rejected
Kishore Biyani Led-Future Ventures’ proposal for induction of foreign equity up to 49 per cent by FIIs, NRIs, FVCIs, multilateral and bilateral development financial institutions has been rejected by the ministry of finance.The company proposed to be engaged in...
Retail
FDI in food retail may be allowed
The Government of India might consider allowing foreign direct investment (FDI) in food retail only if the companies agree to meet some mandated export obligations.Food processing minister Subodh Kant Sahay, in a statement said: “We are considering a proposal...
Retail
Record US$20.3 billion FDI drives Vietnam real estate
Record foreign direct investment (FDI) worth US$20.3 billion in 2007 is driving Vietnam’s real estate industry, but experts have urged existing and would-be investors and developers to take a holistic approach, and support local and regional infrastructure requirements.The cautionary...
Retail
FDI inflow worth Rs 1.22 crore from Armani and Cartier
With approval given to their FDI proposals, investment inflow from luxury brands Armani and Cartier together will be around Rs 1.22 crore. The brands, with their respective joint venture partners, will set up their retail chains in India.Finance Minister...
Retail
Tesco: India is a strong focus but waiting for FDI lift
The second day for World Retail Congress 08 opened with a Breakfast Briefing on ‘If You Think Innovation is Risky, Try Stagnation’. Session Chair Darrell Rigby, partner, Bain & Company, began the talk by differentiating 'innovation' from 'creativity'."Creativity is...
Retail
Thailand is an attractive convention centre for Indians
“Nearly six per cent of the convention visitors to Thailand are Indians,” says a research by the Thailand Convention and Exhibition Bureau (TCEB).According to the report, Indian convention visitors account for 5 to 6.5 per cent of total visitors...
Retail
Govt should clarify stand on FDI: Planning Commission
The Planning Commission of India, in its report on Wednesday, said that the government should clarify the issue of allowing foreign investment in retail trade in the country.“Though 100 percent foreign investment is allowed in cash-and-carry wholesale trading, there...
Retail
Time for new retail formats
It is the time for ‘new retail formats’ in the Indian retail landscape. According to a latest Technopak study on ‘Top trends in Indian retail sector', India will see the emergence and widespread growth of new retailing formats such...
Retail
CPM for regulation of corporate entry in retail
Opposing the central government’s proposed decision to ease up foreign direct investment (FDI) in retail, CPM’s central committee has asked the Left-ruled states to regulate the entry of corporates in retail by adopting an 'alternative policy' that might address...
Retail
Ikea sceptical about India’s retail market context
International Swedish furniture major Ikea made it clear at the recently concluded, three-day Marketing & Retail Conclave of Technopak that it has no immediate plans to come to the Indian market, as long as 100 per cent foreign direct...
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Blur India: Scaling clean beauty to new heights
The brand aims to achieve a revenue target of Rs 12–14 crore in the coming year by expanding its...
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