Single brand retail

Retail

Cabinet eases local sourcing norms in single-brand retail

Indiaretailing Bureau -
The Union Cabinet on Wednesday unveiled the second round of foreign direct investment (FDI) reforms by easing the 30 percent local sourcing norm in single-brand retail (SBRT) where domestic procurement for exported goods will now qualify for inclusion under...
Retail

Delhi Assembly flays Centre for 100 percent FDI in retail

Indiaretailing Bureau -
The Delhi Assembly on Wednesday adopted a resolution criticising the Centre's decision to allow 100 per cent Foreign Direct Investment (FDI) in single-brand retail. Presenting the resolution in the house, Aam Aadmi Party MLA Somnath Bharti said the decisions of...
Retail

Cabinet approves 100 pc FDI in retail

IANS -
In major changes liberalising foreign direct investment in key sectors, the Union Cabinet on Wednesday approved 100 per cent foreign investment in single brand retail trading (SBRT). Besides, the Government also decided that foreign institution investors and portfolio investors be...
Retail

CAIT opposes 100 pc FDI in single brand retail via automatic route

Indiaretailing Bureau -
A trade body has strongly opposed the Centre's decision to allow 100 per cent foreign direct investment (FDI) in single brand retail through the automatic route. According to a PTI report: The Confederation of All India Traders (CAIT) said the...
Latest News

Tim Cook sees India as one of the fastest growing markets for Apple

Indiaretailing Bureau -
In an analyst conference call after announcing Apple's third quarter result recently, Apple CEO Tim Cook said India has become one of the most important markets for Apple and the company is looking forward to open its company owned...
Retail

Govt to review local sourcing mandate for single-brand retailers

Indiaretailing Bureau -
There may be some good news on the cards for single-brand retailers. The Government may review the requirement for local sourcing of 30 per cent of the goods sold by overseas players, who have entered India through the single-brand...
Retail

Carrefour marks its entry into India

Indiaretailing Bureau -
World's second largest retailer Carrefour has entered the booming Indian retail sector with its first wholesale cash-and-carry outlet in Delhi. The 5,200-sq.m store at Seelampur Metro Mall, inaugurated on December 30, will offer 10,000 food and non-food items to...
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Food & GroceryPTI -

Patanjali Foods promoters to dilute 6% share to meet minimum shareholding norms

At present the public shareholding in Patanjali Foods Ltd. stands at 19.18%, which needs to be increased to a...
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