The government dropped a key clause to protect the interest of small kirana shops in its policy for allowing FDI in multi-brand retail despite flexibility shown by the global giants
Global retail giants, including IKEA, Wal-Mart and Carrefour, are studying the finer details of India’s relaxed FDI norms for the sector as they look to tap opportunities in the country.
Trade Minister Anand Sharma said on Friday that the government's new policy to allow foreign supermarkets into the country would create 10 million jobs over three years, while not affecting
The government's plan to open its supermarket sector to global retailers hung in the balance on Thursday as political opposition to the long-delayed reform mounted just hours before a cabinet
US-based retailer Wal-Mart is setting up a research centre in India under its @WalmartLabs to develop technologies and solutions for its global e-commerce business. @WalmartLabs is a part of
Five years after making a grand foray into retail, Mukesh Ambani's Reliance Industries is nowhere close to the scale he had hoped his company, India's largest listed group, would achieve in a fragmented and fast-growing industry.
With Committee of Secretaries giving its nod for 51 per cent FDI in multi-brand retail, the nodal Department of Industrial Policy and Promotion is likely to prepare a Cabinet proposal
The retail subsidiary of Indian conglomerate Reliance Industries has appointed two former Wal-Mart executives to run the operations, a Mumbai-based business daily reported on Monday, ahead of an expected opening
Stay informed on our latest news!
William D. Green
Chairman & CEO, Accenture