User: rohan Topic: Foreign Direct Investment in Retail
Category: Foreign Direct Investment in Retail
Last updated: Jul 14 2018 10:00 IST RSS 2.0
 
1 to 20 of 26,002    
Flipkart deal: Will fulfill all tax obligations, Walmart tells IT depa... 14.7.2018 DNA: Bangalore
Flipkart deal: Will fulfill all tax obligations, Walmart tells IT depa...
Also found in: [+]
Shri Ram Vilas Paswan addresses the plenary session of the 3rd Intergovernmental Group of Experts (IGE) convened by the UNCTAD in Geneva 11.7.2018 Govt of india: PIB
Union Minister of Consumer Affairs, Food and Public Distribution, Shri Ram Vilas Paswan led the Indian Delegation and delivered a speech at the opening/plenary session of the 3rd Intergovernmental Group of Experts (IGE) convened by the UNCTAD.
Also found in: [+]
Scrap Walmart-Flipkart deal: Gujarat traders 3.7.2018 DNA: Urban Tales
Retail traders in major cities of Gujarat, including Ahmedabad, protested against the Walmart-Flipkart deal. They want central government to scrap the deal claiming that traditional neighbourhood sho-ps will lose their business. They also submitted a memorandum to the district collector, seeking an intervention by central government. The protests are a part of nationwide protests organized by Confederation of All India Traders (CAIT) and its affliate organizations. Amdavad Vepari Mahajan had earlier during the day submitted a memorandum of demands to district collector. Later in the evening it held dharna in Ratanpole area, the traditional market for textile and garments in the city. "This is nothing but a backdoor entry for Walmart into the retail market of India. It is well proven that they indulge in predatory practices to eliminate competition and then raise the prices of their products," said Pramod Bhagat, state president for CAIT in Gujarat. India has liberalized the FDI regime for single brand ...
Also found in: [+]
Nationwide protest planned against Walmart-Flipkart deal 29.6.2018 Rediff: Business
Ever since the deal was announced of Walmart spending over $16 bn for a 77 per cent stake in Flipkart, the road to the takeover of India's biggest online marketplace has been quite bumpy
Also found in: [+]
Everyday Gourmet Kitchen raises USD 300k towards expansion 15.6.2018 Sify Finance
[India], June 15 (ANI): EGK Foods, a Startup India-registered food processing organisation raised pre-seed funding of USD 300k from Pradyumna Kokil.
Also found in: [+]
Not online or off, retail giants work on being omni-channels 13.6.2018 Rediff: Business
Online biggies and global retail giants are working on being omnipresent in both the virtual and the real world to see what helps them get the numbers, says Karan Choudhury.
Also found in: [+]
Confederation of All India Traders to protest Walmart-Flipkart deal on July 2 12.6.2018 DNA: Recent Columns
Confederation of All India Traders (CAIT) will conduct nationwide protests against the Walmart-Flipkart deal on July 2. CAIT office bearers said on Monday that the deal is a backdoor entry for Walmart in Indian retail market, even though Foreign Direct Investment (FDI) in multi-brand retail is not allowed in the country. Protests will be conducted at close to 10,000 different locations across the country. The decision was taken on the inaugural day of two-day national conference of CAIT in Ahmedabad. In a resolution passed unanimously, CAIT demanded the central government reject the deal and an e-commerce policy is framed as well as regulatory authority be formed for e-commerce sector. CAIT said in a media statement that it will pursue the matter with both Enforcement Directorate (ED) and the Reserve Bank of India (RBI) so that e-commerce companies including Flipkart and its new owner Walmart should not escape from the liability of malpractices, predatory pricing and deep discounting, which has been its ...
Also found in: [+]
Walmart plans to make gains with Flipkart-owned Myntra, Jabong and PhonePe 10.6.2018 DNA: Bangalore
Walmart plans to make gains with Flipkart-owned Myntra, Jabong and PhonePe
Also found in: [+]
FDI rose to $61.96 bn in 2017-18: Govt. 8.6.2018 Hindu: Rx
Foreign direct investment (FDI) in India increased by about 3% to $61.96 billion in 2017-18 on account of steps taken by the government to improve bus
Also found in: [+]
Has the Modi government delivered? 31.5.2018 Hindu: Op-Ed
  YES | Jitendra Singh Jitendra Be it in the economic, social or educational front, this government has strived to meet expectationsFour years ago, Pr
Also found in: [+]
Traders' body CAIT files plea in CCI against Walmart-Flipkart deal 29.5.2018 Latest News
The confederation has "filed its objection petition in CCI against the Walmart-Flipkart deal
Also found in: [+]
CAIT files petition in CCI against Walmart-Flipkart deal 28.5.2018 General News
Traders body CAIT today said it has approached the Competition Commission of India (CCI) against the Walmart-Flipkart deal, stating that it will create unfair competition and an uneven level playing field for domestic players. The Confederation of All India Traders (CAIT) said the deal would deny market access to non-preferred sellers and impact small traders on offline platform. The confederation has "filed its objection petition in CCI against the Walmart-Flipkart deal," it said in a statement. "The merger of two companies will create an unfair competition and uneven level playing field and will indulge in predatory pricing, deep discounts and loss funding," it alleged. It also claimed that Flipkart is a combination of exclusive tie-ups and preferential sellers, where even online vendors face discriminatory conditions. Walmart, it said, would sell its inventory on the platform of flipkart.com either directly or through a web of associated preferred sellers. "This will create an ...
Also found in: [+]
Walmart-Flipkart deal: Top traders body CAIT files plea in CCI, says mega deal will create unfair competition 28.5.2018 DNA: Recent Columns
Traders body CAIT today said it has approached the Competition Commission of India (CCI) against the Walmart-Flipkart deal, stating that it will create unfair competition and an uneven level playing field for domestic players. The Confederation of All India Traders (CAIT) said the deal would deny market access to non-preferred sellers and impact small traders on offline platform. The confederation has "filed its objection petition in CCI against the Walmart-Flipkart deal," it said in a statement. "The merger of two companies will create an unfair competition and uneven level playing field and will indulge in predatory pricing, deep discounts and loss funding," it alleged. It also claimed that Flipkart is a combination of exclusive tie-ups and preferential sellers, where even online vendors face discriminatory conditions. Walmart, it said, would sell its inventory on the platform of flipkart.com either directly or through a web of associated preferred sellers. "This will create an unhealthy competition ...
Also found in: [+]
BFSI, e-comm, retail, infra sectors to add over 1 mn jobs by 2018-end: Report 28.5.2018 General News
The Indian flexi staffing market size is witnessing significant growth and sectors like BFSI, e-commerce, retail and infrastructure together are likely to add more than 1 million jobs by end of this year, says a report. As per a recent global staffing report, the Indian staffing market size is estimated to be valued at EUR 3.6 billion. According to Indian Staffing Federation (ISF), an apex body of flexi staffing industry, automotive, retail and e-commerce and infrastructure are among the top 15 sectors that employ 81 per cent of formal sector workforce. "With automation and innovation changing the nature of the work, BFSI contributes 12 per cent, infrastructure, construction and energy contribute 11 per cent, retail and e-commerce together comprise 5 per cent in the national flexi staff," the report said. "The country is suffering from acute low levels of productivity at workplace that emanates from the real crisis which is lack of skills," ISF President Rituparna Chakraborty ...
Also found in: [+]
Flipkart-Walmart deal: CAIT fears predatory pricing by Walmart 25.5.2018 DNA: Recent Columns
Continuing its protest against the USD 16-billion Flipkart-Walmart deal, the Confederation of All India Traders (CAIT) today wrote to commerce minister Suresh Prabhu expressing concerns that Walmart might adopt predatory pricing and deep discounting, which will kill the trade. In its second letter to Prabhu, the traders' lobby referred to Walmart as "the US version of The East India Company", and also asked for a thorough investigation of the Walmart-Flipkart deal. "Walmart is nothing but a US version of The East India Company which conquered the country," CAIT said in the letter, adding, "It is highly regretted that some of the people for just merely earning the profit have sold major chunk of e-commerce to Walmart." CAIT also feared that Walmart will penetrate the retail trade through e-commerce, and indulge in predatory pricing, and deep discounting, thereby creating an uneven playing field for others. "It will source globally the cheapest material and will dump in the country to wipe out the ...
Also found in: [+]
Flipkart-Walmart deal: CAIT fears predatory pricing by Walmart 25.5.2018 General News
Continuing its protest against the USD 16-billion Flipkart-Walmart deal, the Confederation of All India Traders (CAIT) today wrote to commerce minister Suresh Prabhu expressing concerns that Walmart might adopt predatory pricing and deep discounting, which will kill the trade. In its second letter to Prabhu, the traders' lobby referred to Walmart as "the US version of The East India Company", and also asked for a thorough investigation of the Walmart-Flipkart deal. "Walmart is nothing but a US version of The East India Company which conquered the country," CAIT said in the letter, adding, "It is highly regretted that some of the people for just merely earning the profit have sold major chunk of e-commerce to Walmart." CAIT also feared that Walmart will penetrate the retail trade through e-commerce, and indulge in predatory pricing, and deep discounting, thereby creating an uneven playing field for others. "It will source globally the cheapest material and will dump in ..
Also found in: [+]
Modi government and stock market: What lies ahead? 25.5.2018 Business Standard: News Now
Going forward, the equity market will be volatile with downward bias till two more major state elections are completed in December 2018
Also found in: [+]
The Rise and Rise of Indian Malls 24.5.2018 Central Chronicle
Agencies, Kolkata Rapid urbanization and digitization, increasing disposable incomes and lifestyle changes of the middle-class are leading to a major revolution in the Indian retail sector, which is pegged to grow by 60 per cent to reach US$ 1.1 trillion by 2020. The Government has clearly hit the bullseye by easing the FDI norms in […]
Also found in: [+]
'Premium high street brands making way in overcrowded Indian Luxury market' 24.5.2018 General News
India is one of the world's most energetic, diverse and testing markets for brands who want to set sights in the country. However there is a minimalist revolution trend where consumers are moving towards simpler products, says Greece born Eliana Koulas. She also says that because of overcrowded Indian luxury market, premium high street brands were making way.
The rise and rise of Indian malls 23.5.2018 Sify Finance
Also found in: [+]
1 to 20 of 26,002