User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Tesco
Last updated: Oct 31 2014 15:54 IST RSS 2.0
 
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Delhi may become first state to have Walmart, Tesco stores 9.12.2012 Zee News : States
Delhi may soon become the first city in the country to have global retail chains like Walmart and Tesco.
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Delhi may become first state to have Walmart, Tesco stores 9.12.2012 deccanherald.com
Delhi may become first state to have Walmart, Tesco stores
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Retail store builders set to get FDI boost 9.12.2012 Hindustan Times: Business
Retail store builders set to get FDI boost
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Delhi may become first state to have Walmart, Tesco stores 9.12.2012 DNA: India
The city government will bring an amendment to the Agricultural Produce Marketing Committee (APMC) Act for facilitating direct purchase of produce from farmers by multi-national retailers.
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Delhi may become first state to have Walmart store 9.12.2012 NDTV
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Delhi may become first state to have Wal-Mart, Tesco stores 9.12.2012 Business Standard: Economy & Policy
Delhi may soon become the first city in the country to have global retail chains like Wal-Mart and Tesco, with the city government all set bring a bill in the Winter session of assembly beginning Tuesday to remove hurdles in ensure "effective" implementation of FDI in multi-brand retail.
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No MNC rush likely yet 8.12.2012 Asian Age: India
Companies, including American supermarket chain Walmart, UK’s Tesco, French chain Carrefour and Germany’s Metro, which already have some presence in India, are expected to move to open retail stores in India after FDI in multi-brand retail crossed its final hurdle, the Rajya Sabha. <!--break--> “Companies which already have some presence in India might move quickly to open their stores in India. The others will take time to decide on their India strategy,” said Mr Mohit Bahl, sector head (retail), KPMG. However, there will be no immediate rush. Ernst & Young partner and national leader (retail and consumer products) Pinakiranjan Mishra said it will take at least two years for the new MNCs to open stores. “But we will be hearing announcements from these companies about their plans to open stores in India in the next six to 12 months,” added Mr Mishra. Mr Bahl noted that foreign companies looking to invest in retail in India will now gain more confidence. “After this the political ...
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Foreign retail chains still cautious on India plans 8.12.2012 Business Standard: Economy & Policy
Even as the government won the retail foreign direct investment (FDI) vote in the Rajya Sabha on Friday, following the victory in the Lok Sabha two days ago, foreign retail chains are still not ready to talk about their India plans.
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FDI receives RS thumbs up 7.12.2012 deccanherald.com
FDI receives RS thumbs up
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Tesco's failed American adventure: lost in translation 7.12.2012 Guardian: Comment is Free
British and American companies remain perpetually in thrall to the aim of meaning something on both sides of the Atlantic Tesco, they hardly knew you: the US's version of the widely loved (or at least widely tolerated) British brand has bitten the dust, with the announcement of the total closure of its chain of US supermarkets, Fresh & Easy. A brief flicker on the supermarket landscape in California, Nevada and Arizona, Fresh & Easy failed to become profitable over its five years in existence and not just because its name made it sound like it was, at best, a feminine hygiene product. Americans just didn't get it. And Fresh & Easy didn't get Americans. Letting the side down on the other side of the Atlantic is a big deal in retail. The demise of Fresh & Easy signals not just the death knell for some unremarkable own-brand pantry staples; it's also the end of the Tesco road for the company's deputy chief executive, Tim Mason, who moved to LA to open the stateside business and who is thus ...
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Govt wins FDI vote in Rajya Sabha 7.12.2012 Zee News : India National
The UPA government managed an easy win in the Rajya Sabha when FDI in multi-brand retail came up for voting on Friday.
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Retail stocks rise as UPA wins FDI vote 7.12.2012 Business Standard: Markets & Investing
Pantaloon Retail India rose to the highest in more than a year on Thursday, leading gains among retailers after the Lok Sabha voted to endorse a government decision to allow foreign direct investment (FDI) in retailing.
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Traders deplore FDI in retail 6.12.2012 Hindu: Madurai
Members of the Tamil Nadu Vanigar Sangankalin Peramaippu were detained here on Wednesday for attempting to stage a rail roko against the vote on foreign direct investment (FDI) in the retail sector...
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Retail FDI: The way forward 5.12.2012 Business Standard: News Now
* The debate on FDI in multi-brand retail moves to the Rajya Sabha now.
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Tesco's Fresh & Easy becomes latest in line of UK retail failures in US 5.12.2012 The Guardian -- World Latest
Early errors muddled Fresh & Easy's image, and the venture is likely to have suffered from Tesco's internal politics As Tesco prepares to dump its Fresh & Easy chain it can take comfort from the knowledge it is not the first British retailer whose ambitions have broken up on the rocky shores of the US. The move follows a litany of ill-fated forays dogged by poor preparation, heavy competition, financial difficulties and sheer arrogance. Some retailers failed because they tried to run things from the UK, were suckered into taking on expensive stores that could never be profitable, or failed to consider the different tastes, seasons or even clothes sizes of US shoppers. Others underestimated the scale of investment needed to take on such a large territory. Tesco cannot be accused of poor preparation. The company spent two years researching the US market, even sending in a crack team of executives to investigate the contents of Americans' fridges. It gained some knowledge of the market ...
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Sibal tries to convince allies but in vain 4.12.2012 deccanherald.com
Sibal tries to convince allies but in vain
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FDI debate: McDonald's, PepsiCo refute Sushma Swaraj's claims that they import potatoes 4.12.2012 NDTV National
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FDI debate: McDonald's refutes Sushma Swaraj's claims that it imports potatoes 4.12.2012 NDTV
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State-level debate on 'FDI in India' 2.12.2012 Jaipur News, Jaipur City News | Cities News - Times of India
State-level debate on 'FDI in India'
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Western shoppers can help prevent another Bangladesh factory fire 26.11.2012 Guardian: Comment is Free
The 123 people killed in the Ashulia clothes factory fire mustn't die for nothing. Will consumers take a stand on cheap clothing? Bangladesh has some 4,500 clothes factories, employing more than 2 million people (mostly women), and accounting for a whopping 80% of the country's annual exports. Clothing from its factories makes its way across the world, supplying big name brands in the west – from WalMart – the world's largest retailer (Asda is a subsidiary) – to high-street names like Tesco, Marks & Spencer and H&M. The recent fire in the Ashulia garment factory has so far taken 123 lives with it, and left at least 200 people injured. Reports suggest there were up to 2,000 people working in the building at the time of the fire, and firefighters were not able to gain access to some of the building's multistorey levels to make rescues, suggesting the factory lacked fire exits. People are still unaccounted for, and hundreds of factories have been shut since the incident. Thousands have ...
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