12 Dec 2014
New Delhi: Fair trade regulator Competition Commission of India (CCI) is looking into alleged anti-competitive conduct by online retail firms like Flipkart India, Amazon, Jasper Infotech and Xerion Retail even as the government is considering introducing norms to safeguard consumers' interest in the e-commerce space.
14 Jan 2014
New Delhi: Expressing surprise at the "arbitrary" decision of the AAP government to disallow FDI in multi-brand retailing, the Congress party plans to take up the issue in the state assembly.
08 Jan 2014
New Delhi: The government will wait for views of all stakeholders before allowing Foreign Direct Investment (FDI) in e-commerce retailing, Commerce and Industry Minister Anand Sharma said.
09 Oct 2013
New Delhi: Rejecting the demand of global retailers like Walmart, the government said that there is no plan to relax the mandatory 30 percent local sourcing norms for foreign players in the multi-brand retail sector.
31 Jan 2014
New Delhi: Rajasthan, one of 12 states that had agreed to allow global companies to open supermarkets, has scrapped the approval given by the previous government for foreign direct investment (FDI) in multi-brand retailing.
08 Oct 2014
Varanasi: The proposed hike in Foreign Direct Investment (FDI) cap from 26 percent to 49 percent in the insurance sector will lead to higher growth of the industry, a top official of United India Insurance company said on Wednesday.
20 Sep 2014
Mumbai: Private sector lender ING Vysya on Friday said that its operations and banking branch heads have quit. The ING Vysya announced their replacements as well.
11 Oct 2014
New Delhi: In signs of succession planning at India's largest private firm, billionaire Mukesh Ambani's twin scions Isha and Akash were today appointed as directors on board of Reliance Industries' telecom and retail ventures.
09 Oct 2014
Mumbai: India will attract the highest-ever inflow of foreign direct investment (FDI) in the current fiscal on the back of a slew of policy reforms announced by the new government, a senior DIPP official has said.
06 Oct 2012
FDI in retail is being projected as a panacea for all the ills plaguing agriculture. It is expected to raise farmers income, remove middlemen, help consumers get a low price, and of course remove the massive wastage that we see in the farm supply chain.