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FDI : To be or not to be – BJP Vs Congress

FDI has been in air quite a long time like lokpal has been. however lokpal received eyes and arguments from different sections of society. we got very healthy debate and lokpal got purified , rectified, improvised and finally meeting its destiny. FDI was taken for granted, it was thought and understood one good step. No [...]

Retail norms for FDI from 23rd july

India may soon open the doors of multi-brand retail to global chains such as Walmart and Carrefour. A Committee of Secretaries is slated to meet next week to finalise the amount of FDI in the sector and set conditions to protect local grocers. The committee is also likely to lay down stringent norms for back-end [...]

FDI just any time for Multi Brand outlet

Multinational retailers such as Walmart, Carrefour and Tesco may soon be allowed to open stores in India subject to stringent investment norms, sourcing conditions, and cap on number of outlets in big cities. The Department of Industrial Policy and Promotion, or Dipp, is likely to move a proposal seeking cabinet approval for 51% foreign direct [...]

carrefour is ‘wait n watch’ mode in India

Carrefour so far has been in wait and watch mode in India. It has opened only one store in India in seelampur in east Delhi. It has taken a social initiative by offering MCD school in its vicinity. carrefour has been talking for opening four new cash n carry store in India. However location they [...]

Multibrand retail FDI is still waiting govt nod

If the objective of the discussion paper on opening up multi-brand retail to foreigners issued by the department of industrial policy and promotion (Dipp) was to generate a debate, it has been very successful. If, however, the department expected that it would get some useful insight or coalesce opinion in favour of opening up, then [...]

Carrefour to open first unit in India soon

In order to grab a share in the billion dollar worth of Indian retail industry, French supermarket giant, Carrefour has announced that it will very soon open its wholesale store in India. It is expected that the store will become operational by November this and when that happens another foreign brand name will join the [...]