Jammu: Jammu and Kashmir Chief Minister Omar Abdullah has come out in open support of Foreign Direct Investment in retail and tried to allay fears on this count by recalling his days in the NDA government. "I remember the same 'Indian Business will Die' when we rolled Quantitative Restrictions on Imports back under WTO commitments during NDA," he posted on micro blogging site Twitter on Monday. In another tweet, he...
05:49 PM, Nov 28, 2011
New Delhi: The Manmohan Singh government has bitten the bullet, opening up India's retail sector to foreign investment. It is a bold policy move and a game changer for the retail market. Brands such as Wal-Mart, Tesco and Carrefour can now enter and tap the nearly 600 billion-dollar Indian retail market. The government has opened up the retail sector, allowing 51 per cent foreign investment in multi-brand retail and 100...08:09 AM, Nov 25, 2011
The companies expect to open their first store towards the end of 2007. ...10:04 PM, Aug 06, 2007
Kumar Mangalam Birla announces that the retail stores will be rolled out in hyper market and super market formats. ...10:00 PM, May 18, 2007
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