User: rohan Topic: Foreign Direct Investment in Retail
Category: Foreign Direct Investment in Retail
Last updated: Jun 25 2017 23:48 IST RSS 2.0
 
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Amazon's food retail plan may get government nod in July 25.6.2017 ET: Retailing
Amazon will be the first big company to enter the food retail segment after the sector was opened up to foreign entities last year.
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Lenders clear Rosneft-Essar Oil deal 23.6.2017 HBL: Companies
₹86,000 crore to come in by July will be used in part to settle debt
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Lenders approve Rs 86,000-crore Essar Oil-Rosneft deal 23.6.2017 Top Stories
The transaction would be the largest Foreign Direct Investment (FDI) in India
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Over 50 global retailers to enter India in 6 months, likely to open about 3,000 stores 19.6.2017 ET: Retailing
Brands like Korres, Migato, Evisu, Wallstreet English, Yogurt Lab and Monnalisa, many from the US and S'pore, will invest about $300-500mn.
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Govt should first define retail and then frame FDI policies: Kumar Rajagopalan 17.6.2017 ET: Retailing
Online marketplaces claim that they are a mere technology platforms which help buyers and retailers meet. They do not consider themselves as retailers.
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Govt invites BP, Reliance to invest in fuel retailing 15.6.2017 HBL: Home
India's oil minister invited BP and Reliance Industries Ltd (RIL) on Thursday to invest in fuel retailing after they jointly pumped billions of dollars into a gasfield off the country's east coast.
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Ahead of GST rollout, producers, traders feel taxed 14.6.2017 BusinessLine - Economy
Uncertainty over smooth transition to the new tax regime chokes up inventory flows
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Petrol, diesel price will be revised at 6 a.m. every day from Friday 14.6.2017 BusinessLine - Economy
Petrol pump dealers call off June 16 strike
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Ministry of Food Processing signs MoU with Germany 13.6.2017 New Kerala: India News
Ministry of Food Processing signs MoU with Germany
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Amazon India doubles seller base to 200,000 in under a year 13.6.2017 Business Standard: Companies & Industry
It's innovations of Easy Ship and Seller Flex have been instrumental in onboarding small town SMEs
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FIPB abolition delays FDI from Amazon, Big Basket and Grofers 13.6.2017 Business Standard: Front Page Headlines
Harsimrat Kaur Badal hopes to resolve the issue before November
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Govt will clear Amazon's FDI proposal in food retail, says Harsimrat Badal 13.6.2017 Business Standard: Companies & Industry
In 2016-17, the food processing sector in the country received FDI of $663.23 million
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Amazon's $500m retail food project to be cleared soon 13.6.2017 Rediff: Business
With the abolition of the Foreign Investment Promotion Board (FIPB), Amazon's proposal will now be vetted by the Department of Industrial Policy and Promotion (DIPP) under the commerce ministry.
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Government to soon clear Amazon's FDI in food retail: Harsimrat Kaur Badal 13.6.2017 ET: Retailing
The government had received investment proposals from three companies - Amazon, Grofers and Big Basket - worth USD 695 million for retail of food products.
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Centre to clear Amazon’s FDI in food retail soon: Harsimrat Kaur Badal 13.6.2017 Hindu: Business
With the abolition of the Foreign Investment Promotion Board, Amazon’s proposal will now be vetted by the Department of Industrial Policy and Promotion.
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Amazon, Grofers hope to enter food business as govt looks to ease FDI rules 8.6.2017 Business Standard: News Now
---Table sent with this story is not needed----Companies hopeful of getting into food retailing such as Amazon, Big Basket and Grofers have started putting together plans to do so, with the government again actively considering their proposals."We are just waiting for the final approvals. We have finished most of the initial work, including looking for retail spaces and deciding on the manpower. Our blueprint for our offline retail plan is also ready and our back-end is in place," a senior vice- president of one of these entities told Business Standard. In June last year, the government decided to allow up to 100 per cent foreign direct investment (FDI) in multibrand food retailing, including through e-commerce. However, the products have to be produced, processed or manufactured in the country.Multinational retailer Amazon had filed its application with the department of industrial policy and promotion (DIPP) in January. Domestic entities Grofers and Big Basket had earlier done so. ..
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Amazon’s FDI in food retail may get Centre’s nod soon 8.6.2017 Hindu: Business
Proposal was pending before FIPB, which is abolished now
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Govt to go ahead with June 16 deadline of daily fuel price revision 8.6.2017 BusinessLine - Economy
Decision taken after a review meeting of the pilot project in 5 cities
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DIPP to soon release guidelines for clearance of FDI proposals 8.6.2017 HBL: Home
The Commerce and Industry Ministry will soon come out with the standard operating procedure (SOP) for clearance of foreign investment proposals as the government has abolished the FIPB. The Depart...
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Brace for daily pricing of petrol, diesel from mid-June 7.6.2017 HBL: Home
5-city pilot project to be rolled out nationwide
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