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CPI(M) — Enact a model legislation for retail sector

Almost a week after finance minister P Chidambaram cleared entry of dozens of foreign companies under new FDI norms, the Communist Party of India – Marxist brandished its opposition to the same addressing members of the Tamil Nadu...

Foot Locker may step into India

New York-based Foot Locker, one of the world’s leading retailers of athletic footwear and apparel, is expected to enter India through a franchisee arrangement. Industry sources say that the group is in talks with Shoppers’ Stop, but the company’s PR...

Carrefour — first casualty of government policy

Carrefour, the French retailing giant, has put on hold its plans to enter India due to increasing political resistance here. The retailer has made it clear that it won’t enter India till the FDI policy in the retail sector...

KIRBY to enter consumer durables sector

According to sources, a subsidiary of one of West Asia’s largest business houses Alghanim Industries has plans to enter the retail sector through its Indian subsidiary, Kirby Building Systems, a maker of pre-engineered steel buildings. The company has strategically chosen...

When FDI Comes to Town

The fact that the Indian government is pondering upon relaxing FDI restrictions in certain retail sectors, among these sports goods, is creating all the necessary anticipation that goes with it. Sports goods worth $28 million were imported into the...

Best Buy in talks with RPG for India entry

Best Buy, is planning to enter Indian market. It is said to be in talks with RPG Enterprises. Sources have confirmed that Best Buy’s executive vice-president (strategy & international) Kal Patel, has met RPG executives. This interest is also because...

The Growth in Retail Sector is not due to any Government policy – Dr. Ajay Dua

Excerpts of the inaugural speech by Dr. Ajay Dua, Secretary, Departmentr of Industrial Policy & Promotion, Govt. of India, at the ASSOCHAM – India’s Retail Revolution - Managing the Change, The growth in the Retail sector is not due to...
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Latest News

Mahindra Logistics profit falls 55% to Rs 10.15 crore in April-June

The revenue during the quarter under review, however, rose 10 per cent to Rs 1,156.66 crore from Rs 1,050.92...
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