User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Tesco
Last updated: May 23 2015 24:37 IST RSS 2.0
 
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India assures full support to Walmart, Tesco 25.1.2013 PTI: All news
India assures full support to Walmart, Tesco
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Tesco seeks clarifications on India's FDI retail policy 25.1.2013 Business Standard: Today
UK-based retail giant Tesco on Thursday sought clarifications from Commerce and Industry Minister Anand Sharma on some of the conditions India has imposed while allowing foreign players to open stores in the multi-brand retail sector.
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India assures full support to Walmart, Tesco 25.1.2013 Top Headlines
Sharma has asked both the officials to send written request for clarification to the ministry
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Tesco seeks clarification on FDI policy 24.1.2013 deccanherald.com
Tesco seeks clarification on FDI policy
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India assures full support to Walmart, Tesco 24.1.2013 CNN-IBN: Business
India on Thursday assured global retail giants Walmart and Tesco that it will hand hold them for their entry into the just opened multi-brand retailing in the country. The assurance was given by Commerce and Industry Minister Anand Sharma to the heads of the two retail giants in separate meetings on the sidelines of the annual World Economic Forum conference in Davos.
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Tesco seeks clarification on retail FDI conditions 24.1.2013 HBL: Marketing
British grocery major Tesco has sought clarification from India on conditions imposed in the new Foreign Direct Investment policy for retail. The Government promised the retailer “all help’’ to so...
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Tesco chairman seeks clarity on retail policy: Sharma 24.1.2013 Financial Chronicle
The UK-based retail giant Tesco today sought clarifications from Commerce and Industry Minister Anand Sharma on some of the conditions that India has imposed while allowing foreign players to open stores in the multi-brand retail sector during their meeting here. "Sharma met Tesco Chairman Richard Broadbent who sought certain clarifications on conditionalities in the new FDI policy for the retail sector," an official statement said. It said that Sharma has assured all help to the company. "Sharma assured that all the foreign investors will be provided hand holding and asked him to voice their concerns in writing and offered all help if Tesco decides to send a team to the Department for Industrial Policy and Promotion (DIPP) for consultation," it said. India has imposed certain conditions like foreign retailers planning to enter the multi-brand segment having to invest a minimum of USD 100 million with 50 per cent of it in the back-end infrastructure. The firms will also have to source 30 ...
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Tesco seeks clarity on India retail policy: Anand Sharma 24.1.2013 Hindustan Times: Business
Tesco seeks clarity on India retail policy: Anand Sharma
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Sharma to woo global investors at WEF 19.1.2013 Hindu: Business
Commerce and Industry Minister Anand Sharma will woo global investors at the World Economic Forum (WEF) in Davos from Januaray 23 to 27 by offering them investment opportunities in the Delhi-Mumba...
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Tesco chief uses Talking Shop blog to rein in horsemeat burger scandal 17.1.2013 Guardian: Environment
Philip Clarke sets out to calm shoppers over contaminated beefburgers saying chain will not be 'hiding behind suppliers' Philip Clarke, the chief executive of Tesco, has taken to his Talking Shop blog to hammer home the message that the supermarket chain is taking the horsemeat scandal head on. "If some of our customers are angry, so are we," he wrote. "We expect our suppliers to deliver to a standard, and to meet basic food traceability rules. But our customers shop with Tesco, not our suppliers, so you won't find us hiding behind suppliers." Clarke's reaction, according to retail analysts, was part of a textbook response to the scandal that could yet see the company avoid long-term damage to its reputation following the discovery of horsemeat in some of its beefburgers. "I don't think they have put a step wrong so far," said Neil Saunders, from the retail analysts Conlumino . "Obviously they would have preferred this didn't happen but it has and they have admitted what has happened, ...
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World's BIGGEST emerging markets for retail sector 17.1.2013 Rediff: Business
Let's take a look at some of the biggest emerging markets for the retail sector.
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Horsemeat burger scandal: history repeating itself | Felicity Lawrence 16.1.2013 The Guardian -- World Latest
With little regulation in place, prosecutions are likely to be few and far between and fines derisory. Again "You get what you pay for" applies to food as much as anything else, and the only surprise about the latest adulteration scandal, in which beefburgers at rock bottom prices turn out to contain horsemeat and traces of pig, is perhaps that they contain meat at all. The trajectory of the scandal has a familiarity to it too. It began with the announcement on Tuesday evening by the Food Safety Authority of Ireland that it had detected other animals in 85% of all beefburger samples it had tested two months previously. Tesco Everyday Value beefburgers topped the adulteration league, being 29% horsemeat, but Lidl, Aldi and others were caught up in it too, with more than a third of all the beefburgers tested containing some horse. The meat-processing companies from which the dodgy burgers originated include some of the largest in Europe. They supply most of the retail sector. So the Food ...
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Ashoo Gupta: Multi-brand FDI a lifeline for realty? 14.1.2013 Business Standard: News Now
While the government's decision to allow up to 51 per cent foreign direct investment in multi-brand retail has stirred up a debate on its merits and demerits for the economy, one area sector that seems to be buzzing with excitement is the real estate industry, which has been languishing for a while on the back of an oversupply of saleable and rentable property.
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Actis' plan to sell Nilgiris to retail biggies fails 11.1.2013 Business Standard: Today
Talks between private equity (PE) fund Actis Capital and foreign retail companies to sell the former’s 70 per cent in south Indian retail firm Nilgiris Dairy Farm have failed over valuation issues and lack of clarity on whether Karnataka and Tamil Nadu would allow foreign players in multi-brand retail.
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Tata Group's four little gems 31.12.2012 Rediff: Business
Trent, Tata Global Beverages, Titan Industries and Tata Chemicals may not be big contributors to the Tata kitty, but these are still significant to its growth story.
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Tata Group's four little gems 30.12.2012 Business Standard: Today
They may not be big contributors to the Tata kitty, but are still significant to its growth story.
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Tata Group`s four little gems 30.12.2012 Business Standard: Front Page Headlines
They may not be big contributors to the Tata kitty, but are still significant to its growth story.
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Tata's little gems 28.12.2012 Business Standard: News Now
Trent, Tata Global Beverages (TGB) may not be big contributors to the Tata kitty, but are still significant to its growth story.
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Of FDI, Wal-Mart & controversies: retail news in 2012 24.12.2012 Business Standard: Economy & Policy
The retail sector, where the government permitted foreign direct investment in multi-brand, courted controversies during the year with several opposition parties making it a political issue in Parliament.
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Why was the year 2012 eventful for retail 24.12.2012 Rediff: Business
The year started on a sombre note for the sector, with the lingering effect of the decision to put on hold relaxation of FDI in retail in 2011.
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