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FDI in retail News

27 Sep 2018

'Bharat Bandh' on Friday to protest against Walmart-Flipkart deal, e-pharmacie

About 7 crore small businesses all over the country will participate in the Bharat Bandh on Friday.

11 Jan 2018

Cabinet takes key FDI decisions ahead of Budget: Here's all you need to know

This is the second major liberalisation in FDI policy by the NDA government in one go after major changes effected in June 2016.

17 May 2017

Govt mulling to ease FDI in print media, construction, retail

The government is moving ahead with further opening of print media, construction and retail sectors to foreign investments, and detailed deliberations in this regard were held in the finance ministry on Wednesday.

17 Jan 2017

Government mulls 100% FDI in single brand retail

The government is considering allowing 100 percent FDI through automatic route in single brand retail to attract a larger number of global players in the sector.

27 Jun 2016

India's relaxation of foreign investment rules credit positive: Moody's

India`s decision to relax foreign direct investment in sectors including defence, aviation, and retail is a positive development for the country`s sovereign ratings, said Moody`s Investors Service on Monday.

13 Mar 2016

Single-brand retail: Apple resubmits proposal, Xiaomi applies

iPhone and iPad maker Apple has resubmitted its application for opening single-brand retail stores in the country as there were certain gaps in its earlier proposal.

04 Feb 2016

FDI goes full throttle, spikes 114% in December

India receives maximum FDI from Singapore, Mauritius, the Netherlands and Japan.

Commerce Ministry

01 Nov 2015

Commerce Ministry asks RBI, ED to probe if top ecommerce firms flouted rules

The Commerce Ministry has requested the Enforcement Directorate and RBI to examine whether e-commerce majors Flipkart, Amazon and Snapdeal violated FDI rules by engaging in business-to-consumers (B2C) activity.

06 Oct 2015

Any move to allow FDI in e-commerce will be opposed: Traders' Body

Traders' body Confederation of All India Traders reaffirmed it opposition to FDI in e-commerce amid reports that government may allow foreign investment in online retail

22 Jul 2015

Not considering any plan to introduce FDI in e-com retail: Govt

The ministry is holding stakeholders consultations with industry and states on the issues related with e-commerce such as its definition, said the minister.

India's retail sector

09 Jul 2015

Retailers body meets Nirmala on FDI issue

The ministry is also scheduled to meet chief ministers on July 15 to discuss the FDI issue.

Delhi High Court

17 Jun 2015

Traders oppose FDI in retail, ecommerce; HC asks Centre to take views

The Delhi High Court on Wednesday asked the Centre to treat as a representation a plea of a traders association which is opposed to FDI in multi-brand retail and e-commerce.

28 May 2015

'DIPP working on guidelines for e-commerce sector'

The government is aware of the issues between e-commerce retailers and brick-and-mortar outlets and it would "shortly address" this by evolving guidelines through FDI policy.

26 May 2015

Walmart to open two wholesale stores in Andhra, Punjab

Walmart recently received all internal approvals for opening two new cash-and-carry stores in India, one in Vizag in Andhra Pradesh and second one in Ludhiana, their second store in the city in Punjab.

India's retail sector

14 May 2015

No change in stand on retail FDI, says Commerce Minister

Facing criticism on retail FDI issue, the government on Thursday sought to downplay the continuation of the policy permitting 51 percent FDI in the multi-brand retail sector saying the BJP's stand remains the same on the matter.

14 May 2015

FDI increases 40% to Rs 1.76 lakh crore in FY15

There is no doubt that Select Committee will give overwhelming support to GST, Finance Minister Arun Jaitley said on Thursday.

15 Apr 2015

'Indian eCommerce not a bubble, to grow to $50 billion by 2020'

Terming investor concerns on Indian eCommerce sector as "misplaced", brokerage firm UBS on Wednesday said that the 'etail' market in the country is well placed for growth and could be worth USD 50 billion by 2020.

Economic Survey 2015

27 Feb 2015

Economic Survey makes a case for liberalising FDI in retail

The Economic Survey has made a case for liberalising FDI in retail, saying that it would help bridge investment and infrastructure deficits and improve supply chain management.

23 Jan 2015

Larger consensus must for rethink on retail FDI: Jaitley

Jaitley maintained that the BJP's position remains the same on multi-brand retail FDI and his position was also the same.

16 Jan 2015

Difficult to do business in India, government needs to change it: Walmart

The world's largest retailer also said its arm, Walmart India will focus on wholesale cash and carry business in the country currently and is not looking at multi-brand segment, where foreign investors are not allowed beyond 51 percent.

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