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India looking to float infrastructure 'feeder fund': Chidambaram

May 19, 2013 at 05:42 | Source: DomainB

Desperately seeking foreign investment in India's gloomy infrastructure sector, finance minister P Chidambaram told an audience in London that the government is considering setting up a London-listed 'feeder fund' for Infrastructure Debt Funds (IDFs...

Walmart lobbying case in India closed: Report

May 18, 2013 at 22:42 | Source: Zee Business

Zee Media BureauNew Delhi: Lack of evidence has closed the investigation of whether Wal-Mart bribed officials to gain wider access in Indian market, a newspaper reported on Saturday. The one-man committee of former chief justice of Punjab and Haryan...

Walmart lobbying: Panel may submit report this week

May 18, 2013 at 17:37 | Source: The Hindu BusinessLine

New Delhi, May 18: The panel looking into retail major Walmart’s lobbying activities with American lawmakers for its entry into the Indian market is likely to submit its report to the Government in a day or two.The one-man committee, headed by...

Probe panel on Walmart lobbying to submit report this week

May 18, 2013 at 16:17 | Source: Financial Express

The panel looking into retail major Walmart's lobbying activities with American lawmakers for its entry into the Indian market is likely to submit its report to the government in a day or two. The one-man committee, headed by former Chief Justice of...

Probe panel on Walmart lobbying to submit report this week

May 18, 2013 at 15:50 | Source: Economic Times

NEW DELHI: The panel looking into retail major Walmart's lobbying activities with American lawmakers for its entry into the Indian market is likely to submit its report to the government in a day or two. The one-man committee, headed by former Chief ...

Narendra Modi against forward trading in commodities, retail FDI

May 18, 2013 at 08:40 | Source: FirstPost

Ahmedabad: Gujarat Chief Minister Narendra Modi on Friday told a traders' body that he was opposed to forward trading in commodity exchanges as it was detrimental to national economy."Forward trading in commodity exchanges is detrimental to nati...

FIPB clears IKEA�s single-brand retail investment proposal

May 18, 2013 at 06:57 | Source: Financial Express

The Foreign Investment Promotion Board (FIPB) today cleared Swedish furniture major IKEA�s Rs 10,500 crore project, the largest FDI in single-brand retail ever since the sector was opened for 100 per cent foreign investment. �The FIPB has approv...

France-based Auchan�s hybrid model for retail shot down by DIPP

May 18, 2013 at 05:37 | Source: Financial Express

The proposal by Croix, France-based Auchan Group, the world�s 10th largest retailer, of setting up stores in India under a hybrid model has not found favour with the department of industrial policy and promotion (DIPP). The 46-billion-euro retaile...

‘There is enough growth in the economy’ for entry of more banks

May 18, 2013 at 00:17 | Source: The Hindu BusinessLine

Offering the highest savings interest rates in the country, YES Bank is set to grow more aggressively in retail. Rana Kapoor, Managing Director and Chief Executive Officer, founded the bank along with late Ashok Kapur nearly a decade ago. Since then...

Narendra Modi says he is opposed to forward trading in commodity exchanges

May 17, 2013 at 22:15 | Source: FirstPost

Ahmedabad: Gujarat Chief Minister Narendra Modi on Friday told a traders' body that he was opposed to forward trading in commodity exchanges as it was detrimental to national economy."Forward trading in commodity exchanges is detrimental to nati...

India may follow Brazil route and see flurry of deal activity in sugar sector : Motilal Oswal

May 17, 2013 at 21:26 | Source: Economic Times

The government's recent move to announce partial decontrol in the sugar sector was welcomed by the industry as it gave mills greater pricing power and much needed flexibility to sell in the open market. But potential M&A activity will ensure that the...

VK Saraswat expresses concerns over raising FDI cap in defence

May 17, 2013 at 20:41 | Source: DNA India

Defence Minister s Scientific Advisor VK Saraswat on Friday said there were fears of indigenous capabilities being controlled if the cap on FDI in the defence sector was raised, as being mooted by the Commerce Ministry. Though participation of forei...

India looking to set up feeder fund for Infrastructure Debt Funds: Chidambaram

May 17, 2013 at 19:02 | Source: DNA India

India is exploring the possibility of setting up a London-listed feeder fund for Infrastructure Debt Funds (IDFs), and is looking to work with the UK on increasing institutional investments in the sector, said Finance Minister P Chidambaram. Both co...

India looking to set up feeder fund for infra debt funds: P Chidambaram

May 17, 2013 at 18:36 | Source: Business Today

Finance Minister P Chidambaram. PHOTO: Reuters Finance Minister P Chidambaram has said India is exploring the possibility of setting up a London-listed 'feeder fund' for Infrastructure Debt Funds (IDFs), and work with the UK on increasing institutio...

India’s investments in Sri Lanka reach $1 billion mark

May 17, 2013 at 16:17 | Source: The Hindu BusinessLine

Colombo, May 17: Indian companies have invested nearly $1 billion in Sri Lanka since 2003 and this figure could rise above $2 billion in the next five years, Indian envoy to Colombo Ashok K Kantha has said. With investment inflows of $160 million in...

Singapore showcases investment potential

May 17, 2013 at 00:32 | Source: The Hindu BusinessLine

Chennai, May 16: Singapore continues to be an attractive investment, business and tourism destination despite the current economic environment. But the challenge is to ensure the country does not lose its competitive edge globally, said Ajit Singh, ...

Honda, Hennes Mauritz approach Indian govt for opening single brand retail stores

May 16, 2013 at 23:12 | Source: Financial Express

Honda Motorcycle Scooter India (HMSI) and Swedish fashion retail giant Hennes Mauritz (H M) have sought government permission for opening up of single- brand retail stores in the country. "H M has applied and Honda has applied," Secretary in the Dep...

Inviting a 200-pound gorilla to dinner?

May 16, 2013 at 21:52 | Source: The Hindu BusinessLine

A recent Supreme Court judgement has said that the Government’s policy allowing FDI in retail is not ultra vires, besides also a means of providing a positive influence on the farm sector. Yet, it is time the impact of FDI in retail in India i...

Honda, H M plan to set up single-brand retail stores in India

May 16, 2013 at 16:32 | Source: The Hindu BusinessLine

New Delhi, May 16: Honda Motorcycle Scooter India (HMSI) and Swedish fashion retail giant Hennes Mauritz (H M) have sought the Government permission for opening up of single-brand retail stores in the country.“H M has applied and Honda has app...

Honda, Swedish retailer H&M approach govt to open single-brand stores

May 16, 2013 at 16:06 | Source: Business Today

PHOTO: Reuters Honda Motorcycle Scooter India (HMSI) and Swedish fashion retail giant Hennes Mauritz (H M) have sought government permission for opening up of single- brand retail stores in the country.HMSI, the wholly-owned subsidiary of the Japane...

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