User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: All
Last updated: Feb 15 2019 16:31 IST RSS 2.0
 
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New FDI rules sour India dream for Walmart 15.2.2019 Rediff: Top Stories (India)
For now Walmart has said it remains optimistic about India. But that could change without prior notice, says Nivedita Mookerji.
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The big news: Two arrested after fire at Delhi hotel kills 17 people, and nine other top stories 12.2.2019 Scroll.in - News that matters
Other headlines: Akhilesh Yadav claimed he was detained at Lucknow airport, and former interim CBI chief Nageswara Rao was held guilty of contempt.
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US may withdraw zero tariffs for India 9.2.2019 The Assam Tribune
US may withdraw zero tariffs for India
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Walmart bets on India despite change in FDI norms 7.2.2019 Sify Finance
American retail giant Walmart and its Indian e-tail major Flipkart are betting big on India despite the revised norms for Foreign Direct Investment (FDI) in e-commerce, the companies said.
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Reliance firms up Rs 10K cr investment in Bengal 7.2.2019 Sify Finance
Reliance Industries Chairman Mukesh Ambani on Thursday said the group has firmed up Rs 10,000 crore of investments in West Bengal, which is already under implementation.
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As Mukesh Ambani expands e-commerce plans, Walmart and Amazon should sit up and take notice 31.1.2019 Scroll.in
The retail giants don’t know India as well as the home-grown businessman does.
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Reliance among top 250 world retailers in 2017: Deloitte 23.1.2019 Sify Finance
The global retailing industry saw a record growth in revenue in 2017 with the top 250 companies increasing their revenue by over 83 per cent, according to a latest report by a professional services multinational that said Reliance Retail was the only Indian company in the list.
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Reliance Retail 94th among top 250 global retailers 23.1.2019 Financial Chronicle
Chennai Reliance Retail is the only Indian company to figure in the Top 250 global retail companies at the 94th position. Reliance also grabbed sixth position among the fastest growing 50 retail companies, according to a study by Deloitte.    Reliance retail with annual revenue of $10649 million in FY17 moved up 95 positions for the 94th slot by doubling its revenue reported in FY16. a CAGR of 44.8 per cent between FY12 and FY17 helped the company grab the 6th slot among the Fastest 50 retail companies. It was a new entrant in the Fastest 50 list in FY16. Reliance’s retail segment witnessed robust operating performance, driven by major growth across its grocery, consumer electronics, and fashion and lifestyle businesses. This was supported by a combination of store expansion and same store sales growth across its store concepts, found the global study by Deloitte. Among the Top 250, Walmart retained its position as the world’s largest retailer with an improvement in its retail revenue growth by 3 per ...
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Reliance Nippon Life Asset posts Rs.110 crore net for Q3 22.1.2019 Sify Finance
Reliance Nippon Life Asset Management (RNAM), asset manager of Reliance Mutual Fund, on Tuesday said it closed the third quarter of the current fiscal with a net profit of about Rs 110 crore.
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Traders resent RIL bid to enter e-commerce 21.1.2019 Financial Chronicle
Chennai Traders, who have been critical of the operations of FDI-funded multi-national e-commerce biggies, are not happy about the entry of Reliance Industries either. They want rules to be applicable alike for both multinationals and domestic players. However, the industry reckons that it would be tougher to get the new norms eased for multinational players, with Reliance announcing its foray into the e-commerce sector. The current regulations and norms in the e-commerce space are mostly meant for the FDI-funded entities. These may not be applicable for Reliance, as it does not need FDI to fund its e-commerce venture. “Whosoever launches an e-commerce portal, it should be based on fair fundamentals and not on malpractices, which includes predatory pricing, deep discounting, loss funding or exclusivity. We have seen in the past that big corporate houses are more interested in generating profits rather than serving as a strong conduit of supply chain,” said the Confederation of All-India Traders ...
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Reliance, 1st private firm to post Rs 10,000 cr quarterly profit 17.1.2019 Rediff: Top Stories (India)
The oil-to-telecom conglomerate reported an 8.8 per cent rise in its consolidated net profit to Rs 10,251 crore, or Rs 17.3 per share, in the third quarter ended December 31, 2018.
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RIL Q3 Net rises 8.8% to Rs 10,251 crore 17.1.2019 Zee News : Business
RIL is the first Indian private company to post Rs 10,000 crore profit in a quarter.
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Mukesh Ambani in top Global Thinkers list of Foreign Policy 17.1.2019 Financial Chronicle
New Delhi Mukesh Ambani has featured in the top Global Thinkers 2019 ranking of the prestigious Foreign Policy publication alongside the likes of Alibaba founder Jack Ma, Amazon CEO Jeff Bezos and IMF head Christine Lagarde. The publication on its website released a few of the names in the 2019 list of 100 Thinkers, saying the full list would be released on January 22. "With a fortune of $44.3 billion, Mukesh Ambani displaced Jack Ma in 2018 as Asia's richest man. Ambani's fortune comes from his holdings in the oil, gas, and retail sectors, but he's likely to make his biggest impact on India through his new telecom venture Jio," it said.  Ambani is chairman and managing director of Reliance Industries, and India’s richest man. Reliance Jio is a subsidiary of RIL. "Offering cellular data and voice free for the first six months after Jio's launch, he got more than 100 million to sign up -- accelerating a smartphone internet revolution in the world's largest democracy," it said. "The next stage of Ambani's ...
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Mukesh Ambani features in Foreign Policy's 2019 list of top '100 Global Thinkers' 16.1.2019 The Assam Tribune
Mukesh Ambani features in Foreign Policy's 2019 list of top '100 Global Thinkers'
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Mukesh Ambani features in Foreign Policy's 2019 list of top '100 Global Thinkers' 16.1.2019 Sify Finance
Reliance Industries Chairman and Managing Director Mukesh Ambani has featured in Foreign Policy magazine's 2019 annual list of the top '100 Global Thinkers'.
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Mukesh Ambani features in Foreign Policy magazine's 2019 list of top '100 Global Thinkers' 15.1.2019 Zee News : Business
Mukesh Ambani displaced China's Jack Ma in 2018 as Asia`s richest man.
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New e-comm rules may help boost topline for offline retailers by upto Rs 12,000 cr: CRISIL 15.1.2019 Zee News : Business
These norms, which are effective February 1, would hit Amazon and Walmart-backed Flipkart the hardest.
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Sachin Bansal invests Rs 150-cr in Ola 14.1.2019 Zee News : Business
According to sources, Bansal is pumping in Rs 650 crore in total and the Rs 150 crore funding is part of the total investment.
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Year End Review – 2018- Ministry of Finance 2.1.2019 Govt of india: PIB
The Indian Government has made significant strides in the last 4 years in taking India to new heights in terms of the welfare of the citizenry, the overall structure& growth of the economy, and creating a strong presence as an emerging global power.
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Realme to expand offline presence to 150 cities in 2019 31.12.2018 Zee News : Business
The company, which was selling its devices online through Flipkart and Amazon, struck an exclusive partnership in November with Reliance stores to kick off offline sales.
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