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Retail News

Retail FDI Decision Faces Strong Opposition
The government decision announced on November 24 to allow participation by the foreign retail chains like Wal-Mart, Tesco and Carrefour and increase of share to 100% for single
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Retail FDI Story reaches Chapter
After years of dithering and deliberations the government is finally contemplating to allow Foreign Direct Investment of up to 51% in Retail but with several riders including
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FDI in Retail an Unending Sweet Dream
Despite the pro-FDI corporate lobby working overtime after the Economic Survey presented to the parliament last month conceded that it would improve the efficiency in the supply chain and address concerns of farmers and consumers, there was no
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Metro Expansion in India good for Wine Industry
The announcement by Germany’s biggest retailer Metro on Wednesday that it plans to open as many as 50 wholesale stores in India during the next five years should bring a note of cheers
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FDI in Retail still a Dream
Despite a lot of hype and rhetoric built around the possible opening of Foreign Direct Investment in Retail, with both sides presenting their case convincingly at the World Economic
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Carrefour Enters India with Cash n Carry
Carrefour, the second largest retailer in the world has marked its much awaited entry into Indian
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Carrefour Ready to Join with Future Bazaar
Carrefour, world’s second-largest supermarket giant after US-based Wal-Mart, which had announced in September that it hoped to open its first wholesale store in India by November, is reportedly
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Govt. May Allow 49% FDI in Retail
The Consumer Affairs Ministry has given the green signal to allow 49 per cent FDI in multi-brand retail and has written a letter to this effect to the Commerce Ministry, while seeking to formulate a model law to be first put in place at the State-level to protect mom-and-pop stores from the impact of the ‘Big Boys
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Government May Thaw on FDI Issue for Retail
But many obstacles remain and the ministry officials said that the details of such a proposal are far from decided. It may be just one of a series of discussion papers over the coming months to test the waters with different stakeholders to lift investment caps in sectors eagerly watched by investors
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Retailers back to Bigger Stores
Several big Indian retail companies including Aditya Birla Retail, Spencer’s, Pantaloon and Bharti Retail plan to add bigger stores with an area of 30,000 to 100,000 sq. ft. to their portfolio this year.
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