Retail Sector

  • BJP to oppose entry of Walmart into HP, says Satti May 12, 2013

    Shimla: The Himachal Pradesh BJP, which has been opposing FDI in retail, on Saturday said it would not allow foreign stores like Walmart into the state "Foreign chains like Walmart and Metro Cash and Carry will not be allowed to enter Himachal and the interests of small traders will be...
  • FTN: FDI in retail: Walmart boon or bane? September 24, 2012

    Multi brand retailers means global chains may directly stock and sell produce from Indian farmers to scale up operations. ...
  • FDI in retail will increase farmers' income: Montek September 24, 2012

    Planning Commission Deputy Chairman Montek Singh Ahluwalia justifying the opening up the Indian retail sector to foreign direct investment (FDI) said that it will help increasing the income of farmers. Speaking to Karan Thapar on Devil's Advocate, Ahluwalia said that benefits to the farmers are going to come from modernising...
  • FDI in retail will create quality jobs: Montek September 23, 2012

    Planning Commission Deputy Chairman Montek Singh Ahluwalia has sought to justify opening up the Indian retail sector to foreign direct investment (FDI) saying it will create better quality jobs. Speaking to Karan Thapar on Devil's Advocate, Ahluwalia said that it was a complete misreading of reports that the FDI in retail...
  • Now, Congress MP opposes FDI in retail November 29, 2011

    New Delhi: From Kerala to Uttar Pradesh, own leaders of the Congress are now questioning the party's decision to allow Foreign Direct Investment (FDI) in retail sector. After Congress MPs from Kerala, another MP from Uttar Pradesh - Sanjay Singh from Sultanpur - has raised his voice against the Government's policy...
  • FDI policy rocks Parliament for the third day November 29, 2011

    New Delhi: The controversy over allowing FDI in retail rocked Parliament for the third day on Tuesday with a united Opposition forcing adjournment of both the Houses till Wednesday. Both Houses were first adjourned till noon after the Opposition created ruckus, and later for the day as the situation didn't improve...
  • FDI in retail will create more jobs: Rajan Bharti Mittal November 29, 2011

    The Bharti Enterprises MD said retailers in Punjab are already reaping benefits with their retail schemes. ...
  • India Inc, politicians battle over FDI in retail November 29, 2011

    New Delhi: On the FDI in retail issue, battle lines are now clearly drawn between India Inc and the politicians, who are rooting for the neighbourhood grocer. While politicians are divided on the issue Corporate India appears united. The biggest fear of them is - will it create jobs or takeaway...
  • FDI: BJP accuses UPA of contempt of Parliament November 26, 2011

    New Delhi: The BJP on Saturday charged the Government with showing contempt of Parliament by not discussing a crucial issue like allowing 51 per cent FDI in retail on the floor of the House and held the Manmohan Singh regime responsible for its repeated adjournments. Leader of Opposition in Lok Sabha...
  • 'FDI in retail not crucial to control prices' March 1, 2011

    New Delhi: The Planning Commission on Tuesday said the Government does not hold the view that FDI in multi-brand retail is necessary to control the price rise. "I don't think that it is Government's view that the present inflation cannot be brought under control without FDI in multi-brand retail. We can...
  • Budget disappoints retail sector again February 28, 2011

    New Delhi: India's retail sector that has been anticipating some good news on allowing FDI in the multi-brand segment is left disappointed by Finance Minister Pranab Mukherjee, who made no mention of it in his Budget speech. "The budget looks like a 'khatta' budget. Although it has a lot of announcements...
  • No decision yet on retail reforms: officials May 25, 2010

    New Delhi: The government may make its first tentative steps to opening up the organised retail sector to foreign companies, a reform seen as dealing with massive supply bottlenecks that have kept inflation stubbornly high, a senior official said. The Commerce and Industry Ministry may issue a discussion paper on...
  • Galloping real estate prices may hit retail boom hard June 3, 2008

    New Delhi: The real estate market is doing well what with high rentals for commercial properties, for instance. However, that also means it's difficult for those renting space in high-end malls, to turn a profit. So, what's the way out? Here’s a typical scene in a mall in India. A...
  • Retail players set to get Rs 10-crore grant from Govt December 17, 2007

    New Delhi: There are 1,300 cold storage facilities in India, but they remain unused for most of the year, and this happens even as 40 per cent of the country’s fruits and vegetables get wasted due to lack of a cold chain. But with big retail players like Reliance and...
  • Maharashtra shuts shop as rage over retail rises October 11, 2007

    New Delhi: Maharashtra is seeing one of the largest voluntary shutdowns of trade on Wednesday as retail traders, wholesalers and hawkers across the state are protesting the entry of foreign multinationals and Indian corporates into the retail sector. Traders are also holding a rally in Mumbai with the protests being organised...
  • After Munnar, Kerala govt trains its guns on Reliance July 6, 2007

    New Delhi/Kochi: After taking on the TATA's over the Munnar forestland issue, the VS Achuthanandan government in Kerala is now training its guns on Reliance Retail in the state. Interestingly, a CPI-M MLA inaugurated one of the three Reliance Fresh retail outlets in Kochi. Though, Reliance has made a flying...
  • Congress struggling with retail FDI March 3, 2007

    New Delhi: Sonia Gandhi has asked some searching questions about the effect of big players on mom and pop stores India's retail space. Economic agency ICRIER will now conduct a study on the impact of organised retail on employment, incomes and investment. The Government is giving the issue of...
  • Retail sector on the trot September 9, 2006

    New Delhi: With the retail opportunity in India pegged at $300 billion, of which just 2.5 per cent is modern retail, it's hardly surprising that many are expanding or eyeing the Indian market. "We're going to do beauty parlours in malls. We're going to do health clinics and pharmacies in...