User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Tesco
Last updated: Sep 22 2016 16:20 IST RSS 2.0
 
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Multi-brand retailers want FDI policy to allow sourcing 30% 'preferably' from SMEs 28.6.2013 newindianexpress.com
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Retailers seek changes in multi-brand FDI norms 28.6.2013 Rediff: Business
Asking the government to tweak FDI norms in multi-brand segment, retailers said sourcing rules must be made similar to that of single brand while demanding foreign firms be allowed to put only 50 per cent of first tranche of investment in back-end infrastructure.
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Retailers meet Sharma, ask for more in FDI policy 28.6.2013 Indian Express: Business
The much-hyped retail round-table called by commerce and industry minister Anand Sharma on Thursday, which was attended representatives
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Retailers seek easing of multibrand FDI norms 27.6.2013 Hindustan Times: Business
Commerce and industry minister Anand Sharma on Thursday met organised retailers who had called on the minister to seek changes in the sourcing and investment norms under the FDI policy in multibrand retail. ...
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Mandatory FDI in retail back-end may apply only for first tranche 27.6.2013 Indian Express: Business
In what could be a big relief for foreign retailers, the commerce ministry is of the view that in the multi-brand retail
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Govt to meet retailers on multi-brand issues tomorrow 26.6.2013 Latest News
The government will tomorrow discuss with retailers, including Walmart, Tesco and Carrefour issues faced by them in setting up of stores in the country's multi-brand retail sector.
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Govt to meet retailers on multi-brand issues on Wednesday 26.6.2013 HBL: Home
The government will tomorrow discuss with retailers, including Walmart, Tesco and Carrefour issues faced by them in setting up of stores in the country’s multi-brand retail sector. “We will...
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New retail norms: Cos to seek more clarity from Sharma 26.6.2013 Indian Express: Business
Global retailers including Metro, Auchan, Carrefour, Tesco, and Walmart
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Sharma to meet CEOs of global retail chains on June 27 25.6.2013 Hindu: Business
Commerce and Industry Minister Anand Sharma, on Tuesday, said that he would convene a meeting of top CEOs of global retail chains to sort out the issues pertaining to certain grey areas in the mul...
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Walmart Tesco seek assurance on nonreversal of FDI policy 20.6.2013 Hindustan Times: Business
Walmart Tesco seek assurance on nonreversal of FDI policy
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FDI: Walmart, Tesco seek reassurance 20.6.2013 deccanherald.com
Global retailers like Walmart and Tesco have sought assurance from India that any change of governments at both Centre and states should not result in reversal of FDI policy in the multi-brand segment.

Bentonville-based Walmart has also raised apprehensions about the ongoing probe by investigating agency Enforcement Directorate, said an internal note of the Department of Industrial Policy and Promotion (DIPP).

"Some prospective foreign investors have discussed plans for investing in multi-brand retail trading (MBRT) in India. They have generally conveyed that they have to address (certain) apprehensions of their Boards while taking investment decisions," the note said.

The main issue raised by Walmart and Tesco was that "the next government could reverse the MBRT policy. States which have at present opted for opening of front-end stores in their territory can opt out at a later stage".
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Walmart, Tesco seek assurance on non-reversal of FDI policy 20.6.2013 Latest News
Global retailers like Walmart and Tesco have sought assurance from India that any change of governments at both centre and states should not result in reversal of FDI policy in multi-brand segment, before taking investment decisions in the country.
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Walmart, Tesco seek assurance on non-reversal of FDI policy 20.6.2013 IE: Corporate News
Walmart has raised apprehensions about the ongoing probe by investigating agency.
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Walmart, Tesco seek assurance on non-reversal of FDI policy 20.6.2013 Top Headlines
Walmart has raised apprehensions about the ongoing probe by investigating agency.
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Walmart, Tesco seek assurance on non-reversal of FDI policy 20.6.2013 Financial Chronicle
Global retailers like Walmart and Tesco have sought assurance from India that any change of governments at both centre and states should not result in reversal of FDI policy in multi-brand segment, before taking investment decisions in the country. Bentonville-based Walmart has also raised apprehensions about the ongoing probe by investigating agency Enforcement Directorate, said an internal note of the Department of Industrial Policy and Promotion (DIPP). "Some prospective foreign investors have discussed their plans for investing in multi-brand retail trading (MBRT) in India. They have generally conveyed that they have to address (certain) apprehensions of their Boards while taking the investment decisions," the note said. The main issue raised by Walmart and Tesco was that "the next government could reverse the MBRT policy. States which have at present opted for opening of front-end stores in their territory can opt out at a later stage". The general elections in India is expected to be ...
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Retailers should focus on new infrastructure, jobs & not just go for buyouts: Anand Sharma 14.6.2013 TOI: India Business
Commerce & industry minister Anand Sharma has said the intent of the government's foreign investment policy in the retail sector is to create additional infrastructure and not to help existing companies by allowing them to cash out, brushing aside criticism about the latest 'clarifications' issued by his ministry last week.
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Anand Sharma: FDI in retail to create infrastructure and jobs 14.6.2013 ET: Policy
India allowed foreign companies to own 51 per cent stake in retail ventures in September 2012, but so far no overseas multi-brand retailer has set up shop
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Govt clarifications add to confusion over FDI in retail 11.6.2013 Rediff: Business
Latest 'clarifications' add to the confusion; foreigners may delay investments, and Indian firms will find it difficult to get investors.
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Revolution in retail business is unstoppable 11.6.2013 newindianexpress.com
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Govt queers the pitch for multi-brand retail 10.6.2013 Features
Latest "clarifications" add to the confusion; foreigners may delay investments, and Indian firms will find it difficult to get investors
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