RETAIL FDI

  • Cabinet may relax retail FDI norms July 31, 2013

    New Delhi: After powering ahead with the political decision of bifurcating Andhra Pradesh to create Telangana, the Centre is now looking to give reforms a push too in a bid to woo more investors. The Union Cabinet will discuss relaxing foreign direct investment (FDI) in retail policy on Thursday. One of...
  • Cabinet likely to review retail FDI policy July 30, 2013

    New Delhi: The Union Cabinet is likely to review foreign direct investment (FDI) in retail policy on Thursday, government sources have told CNBCTV18. The agenda also includes the review of multibrand retail FDI norms. No global retailer has moved so far to file applications with the Foreign Investment Promotion Board (FIPB)...
  • Inquiry panel likely to meet senior Walmart executives this week March 17, 2013

    New Delhi: The government-appointed panel, looking into possible irregularities in Walmart's US lobbying activities for entering the Indian market, is expected to meet senior executives of the retail giant this week to gather more information. Faced with political heat, the government announced a probe in December into the lobbying activities by...
  • Oppn attacks govt, Mulayam says drop FDI, UPA accuses BJP of double speak December 4, 2012

    New Delhi: The debate on foreign direct investment (FDI) in retail began in Parliament on Tuesday with the United Progressive Alliance (UPA) government and the Opposition attacking each other. The Opposition attack was led by Leader of Opposition in Lok Sabha, Sushma Swaraj, while the defence of the government was...
  • FDI in retail: Mamata plans 48hour demonstration November 19, 2012

    New Delhi: The Trinamool Congress is planning to hold a 48hour long demonstration at the Jantar Mantar in the capital starting Monday against price rise and the Centre's decision to introduce foreign direct investment (FDI) in multibrand retail. Party chief Mamata Banerjee had withdrawn support to the UPA in September this...
  • Walmart probes bribery charges against it in foreign markets November 17, 2012

    New Delhi: World's largest retailer Walmart is investigating allegations of corrupt practices against it in foreign markets, including India. The US company had begun a probe in March last year after allegations of bribe surfaced in Mexico. The probe under the Foreign Corrupt Practices Act is now being extended to...
  • Karunanidhi keeps up suspense over stand on FDI November 14, 2012

    Chennai: Continuing the suspense over its stand on any Oppositionsponsored resolution in Parliament against FDI in retail, crucial UPA ally DMK on Wednesday said that its decision would be taken keeping in mind the interest of small and medium traders. "Small and medium retail traders in Tamil Nadu are apprehensive...
  • Reform measures by UPA will boost the economy: Adi Godrej October 5, 2012

    India Inc has applauded the reform measures introduced by the UPA that include 51 per cent foreign direct investment in retail amongst others. While a few of UPA's allies like the DMK have refused to support it, the corporate sector has welcomed the reforms. Adi Godrej, President, CII and Chairman, Godrej Group,...
  • FDI in retail: DMK will protect small traders, says Kanimozhi October 5, 2012

    West Bengal Chief Minister Mamata Banerjee has been pushing for a notrust motion in Parliament over FDI in retail. On Thursday, she appealed to UPA partners to quit the alliance over retail FDI. While the Samajwadi Party is buying time, the DMK has made its antireforms stand clear. Meanwhile, Biju Janata Dal...
  • Agitation against FDI in retail melodramatic: Cong October 3, 2012

    New Delhi: The Congress on Wednesday dubbed as "melodramatic" the agitations on the issue of FDI in retail and taunted its critics that the parties which had opposed the IndoUS nuclear deal were defeated in the last Lok Sabha elections. Party spokesman PC Chacko told reporters that Assembly elections in Gujarat...
  • Retail FDI will help increase productivity: RBI October 3, 2012

    Chennai: The UPA Government's decision to allow FDI in multibrand retail will help increase productivity and ensure an efficient foodgrain distribution network to tackle high food prices, RBI Deputy Governor Subir Gokarn said in Chennai on Wednesday. "The ultimate solution to high food prices is very simply more production of...
  • 'NDA had readied Cabinet note favouring retail FDI' October 1, 2012

    New Delhi: Seeking to punch holes in the Bharatiya Janata Party's Opposition to allowing Foreign Direct Investment in multibrand retail, Union Commerce Minister Anand Sharma on Monday said the NDA government had readied a Cabinet note favouring 100 per cent FDI in the sector. Addressing a gathering of Congress supporters in...
  • Mamata has no base outside West Bengal: Congress October 1, 2012

    New Delhi: Congress leader and Union Law & Justice and Minority Affairs Minister Salman Khurshid has taken on Trinamool Congress supremo Mamata Banerjee over her protest at Janatar Mantar in New Delhi against foreign direct investment in multibrand retail. Claiming that Mamata's support base is limited to West Bengal, Khurshid...
  • Retail FDI won't hit small traders: Rajan Mittal September 30, 2012

    Karan Thapar: Hello and welcome to Devils Advocate. How do businessmen respond to the claim that FDI in retail is bad for India and Walmart in particular perhaps a disaster? Those are the key subjects I should raise today with the Vice Chairman and Managing Director of Bharti Enterprises...
  • Mamata's remarks against PM undignified: Khurshid September 27, 2012

    New Delhi: Union Law Minister Salman Khurshid on Thursday slammed exally Trinamool Congress chief Mamata Banerjee saying her remarks on the UPA and the Congress were not reasonable. Mamata, in an exclusive interview to IBN18 EditorinChief Rajdeep Sardesai, had claimed that the UPA ran on 'money and muscle power'. Khurshid...
  • Will scrap FDI in retail if voted to power: BJP September 26, 2012

    New Delhi: Hitting out at the United Progressive Alliance (UPA) government over the recent reform measures, the Bharatiya Janata Party (BJP) has said that it will scrap foreign direct investment (FDI) in retail if voted to power. The announcement was made on Wednesday by BJP vice president Mukhtar Abbas Naqvi. This comes...
  • FDI in retail not in villages: Jyotiraditya Scindia September 21, 2012

    Indore: Stating that foreign direct investment (FDI) in retail is allowed only in cities with population of more than 10 lakh and not at villages, Union Minister of State for Industry and Commerce Jyotiraditya Scindia on Friday said the Bharatiya Janata Party (BJP) is creating a "negative mayajal" on FDI...
  • Cong has many friends, bandh hurting economy: PC September 20, 2012

    New Delhi: On a day when the entire Opposition along with some parties close to the Congress was busy enforcing the Bharat bandh, the United Progressive Government sent a strong message, saying it has many friends while ruling out putting on hold foreign direct investment (FDI) in multibrand retail. Finance...
  • Normal life hit by Bharat bandh in Assam September 20, 2012

    Guwahati: The Bharat bandh called by the BJP and other opposition parties to protest the diesel price hike, FDI in multibrand retail and cap in subsidised LPG affected normal life in Assam. Markets, shops, educational institutions, banks and private offices remained closed, while long distance private buses and other vehicles...
  • Bharat bandh affects normal life in West Bengal September 20, 2012

    Kolkata: Life in the city and elsewhere in West Bengal was disrupted by a 12hour bandh called by Left parties to protest diesel price hike, FDI in multibrand retail and cap on subsidised LPG. Though airport services were normal, train services in Eastern Railway and South Eastern Railway were disrupted, officials...
  • Little response to NDA's Bharat bandh in Maharashtra September 20, 2012

    Mumbai: The nationwide bandh called by the BJPled NDA and other Opposition parties to protest fuel hike and FDI in retail evoked little response in the metropolis on Thursday owing to Ganesh festivities across Maharashtra. The Shiv Sena and Maharashtra Navnirman Sena (MNS) have kept away from the daylong bandh due...
  • Bharat bandh throws normal life out of gear in Bihar September 20, 2012

    Patna: The oppositionsponsored Bharat bandh against FDI in multibrand retail and diesel price hike began on Thursday morning with protesters disrupting road and train services across Bihar. A group of BJP workers blocked rail traffic at Patna junction and stopped movement of a number of long distance express and passenger trains,...
  • Bharat bandh disrupts normal life in Odisha September 20, 2012

    Bhubaneswar: Normal life was disrupted in Odisha, barring the western region, due to disruption in train and road traffic during a bandh called by BJP and Left parties to protest diesel price hike, FDI in multibrand retail and ceiling on subsidised LPG. State government offices, banks and insurance offices remained closed...
  • Mixed response to Bharat bandh in Delhi September 20, 2012

    New Delhi: The bandh called by NDA, Left parties and UPA supporters Samajwadi Party and JD(S) on Thursday evoked a mixed response in the capital with most markets remaining closed while vehicular movement was normal though protesters blocked traffic at some places. Small shops were seen open in the morning hours...
  • Bharat bandh: Trains stopped, roads blocked in UP September 20, 2012

    Lucknow: Samajwadi Party and BJP workers on Thursday staged demonstrations and stopped trains at a number of places in Uttar Pradesh in support of the bandh called by them against FDI in multibrand retail and hike in diesel prices. Protestors stopped trains in Mathura, Agra, Varanasi, Allahabad and Lucknow as part...
  • Will burn down first retail FDI shop: Uma Bharti September 18, 2012

    New Delhi: Senior Bharatiya Janata Party (BJP) leader Uma Bharti has said she will "burn down the first retail shop that comes up" after the introduction of FDI in multibrand retail in the country. She said that she was willing to go to jail even. "I do think when I'm taking...
  • Will the UPA government survive the big bang reforms? September 17, 2012

    Finance Minister P Chidambaram on Monday ruled out roll back of the decisions on diesel, LPG and multibrand retail. ...
  • News 360: Chidambaram rules out roll back of fuel price hike September 17, 2012

    P Chidambaram said that the government would take allies into confidence and differences on economic reforms would be sorted out. ...
  • Chidambaram rules out roll back of fuel price hike September 17, 2012

    New Delhi: Finance Minister P Chidambaram on Monday ruled out roll back of the decisions on diesel, LPG and multibrand retail, saying there is no threat to the government despite some key allies putting pressure on UPA's largest constituent the Congress to reverse or at least partially announce...
  • Left calls nationwide strike on Sept 20 over FDI September 16, 2012

    Kolkata: Left parties on Sunday announced a 12hour allIndia general strike on September 20 to protest against government's decision on diesel price, LPG cylinders and FDI in multibrand retail, coinciding with the agitation by other opposition parties and UPA supporter SP. "We have talked to other parties in this short time...