Single Brand Retail

  • Finance Ministry to decide on IKEA's FDI proposal 19-11-2012 07:06 PM

    New Delhi: The Finance Ministry is likely to take a decision on Swedish furniture major IKEA's Rs 10,500-crore investment plan on Tuesday, the largest FDI proposal in single-brand retail so far. IKEA's proposal to set up 25 stores in India is listed on the agenda of Foreign Investment Promotion Board...
  • Corporate America hails FDI reforms in India 25-11-2011 10:35 AM

    Washington: Corporate America on Thursday welcomed the bold move of the Indian Cabinet to permit foreign direct investment in multi-brand retail and remove the cap on FDI in single-brand business, noting that it would help bring down inflation and create thousands of jobs. "The singular act of opening the multi-brand...
  • FDI a game changer for the retail market 25-11-2011 08:09 AM

    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...
  • FDI clearance UPA's big image saving move? 25-11-2011 07:12 AM

    New Delhi: The Union Cabinet gave its nod for foreign funds in retail on Thursday, a move that the beleaguered UPA hopes will help salvage its image. It's also the government's first big policy initiative that sends a clear message to dissenting allies like TMC chief Mamata Banerjee as to...
  • Union Cabinet clears FDI in retail sector 24-11-2011 08:49 PM

    New Delhi: The Union Cabinet on Thursday cleared 50 per cent foreign direct investment (FDI) in multi-brand retail and 100 per cent FDI in single brand retail despite division within the UPA on the issue. The Bharatiya Janata Party (BJP), the Left, UPA ally Trinamool Congress along with some Cabinet...
  • 100 pc, 51 pc, 24 pc? FinMin okays FDI in retail 17-11-2011 03:22 PM

    New Delhi: The Union Finance Ministry has given its approval to the Cabinet note on Foreign Direct Investment (FDI) in retail. The note seeks allowing 51 per cent FDI in multi-brand retail. It is a highly controversial move opposed by the Left parties. The Finance Ministry has given its consent...
  • Govt may remove FDI cap on single-brand retail 03-10-2011 12:03 PM

    New Delhi: India is considering opening fully its single-brand retail sector to foreign direct investments. The announcement was made on Monday by the Industry Secretary, R P Singh. The step is being seen as a possible boon to the government's reform programme, which has appeared on the backburner. India currently...