Multi Brand

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E-comm's rise has made multi-brand irrelevant: Amitabh Kant

Despite the slowdown in FDI everywhere, India has managed to buck the trend and attract foreign inflows, he says, adding that manufacturing here would get a shot in the arm.

FIPB nod to encourage other players to invest in India: PwC

According to Akash Gupta, one could now see more and more alliances happening going forward and why not because many existing Indian retailers have ready platform for foreign retailers to get into the Indian retail space

Can reform measures & global cues push Nifty to 5800 today?

The cabinet cleared the proposal for 10 percent divestment in IOC. However, the management told CNBC-TV18 that this is not the right time for stake sale, sentiment is not good given rupee depreciation and rising under-recoveries.

Need to study sourcing clause before opening stores: Tesco

The UK-based retail giant Tesco today said it is looking at opening retail stores in India but it would have to first study the "unusual" sourcing conditions for FDI in multi-brand segment before deciding on it.

'Need farmers' protection clause under FDI retail policy'

Favouring FDI in multi-brand retail, Bharatiya Kisan Union (BKU) today demanded that the government should come out with guidelines to protect farmers from being exploited by big foreign retailers.

FDI will attract funds into supply chain: Bharti Walmart

Raj Jain of Bharti Walmart, says that overall, this is a big policy announcement for the Indian economy not only for multi-brand retail but for several sectors and several issues which have been pending for a long time, we welcome the decision.

Cabinet nod not needed to execute FDI in multi-brand retail

CNBC-TV18 reported on Thursday that the government is planning to make some big ticket policy announcements before August 15. It is now learnt that the government does not need to take cabinet approval to operationalise FDI in multi-brand retail, reports CNBC-TV18's Rituparna Bhuyan.

100% FDI in single brand reality now, DIPP notifies policy

Foreign direct investment of 100% in single brand retail becomes a reality - the new policy has been notified by the Department of Industrial Policy and Promotion (DIPP) today reports CNBC-TV18's Rituparna Bhuyan.

Govt trying to build consensus on reforms,FDI in retail: FM

Expressing commitment to push forward economic reforms, Finance Minister Pranab Mukherjee today said the government is making efforts to build a consensus on important economic legislations, including PFRDA and foreign investment in multi-brand retail.

US hopes India will move forward on FDI in retail

US has hoped that India would eventually move towards Foreign Direct Investment (FDI) in multi-brand retail which has been put on hold due to strong protest from key opposition parties.

Retail stocks recover, but uncertainties linger over FDI

Most retail stocks recovered on Wednesday after some tough talking by Prime Minister Manmohan Singh raised hopes that the government would stay firm on its decision to allow 51% foreign direct investment in multi-brand retail.

FDI in retail to create over 10 m jobs in 3 years: Govt

The government today asserted that opening up of multi-brand retail for foreign players will create over 10 million jobs in the next three years, brushing aside all criticism, including from key UPA ally Trinamool Congress.

FDI in retail: Which stocks to bet on?

Retail stocks surged 10-20% on Friday as the market cheered the government’s decision to allow 51% foreign direct investment [FDI] in multi-brand retail and 100% FDI in single-brand retail. Pantaloon Retail gained the most, up 17% in morning trade. But is it really a good time to buy retail stocks?

Gitanjali Gems to invest Rs 1.5b in multi-brand retail

India's largest jewellery retailer Gitanjali Gems said on Wednesday it plans to invest Rs 1.5 billion to set up 50 stores under its new multi-brand jewellery format 'Jewel Souk'

FDI can up modern retail to Rs 3.5 trillion by '15: Crisil

The penetration of the domestic organised retail sector will increase from the current 6.5% to 9 by 2015, if the proposed move to allow foreign direct investment (FDI) in retail sector is implemented quickly, according to leading rating agency Crisil.

Retail stocks surge after secretaries panel clears 51% FDI

Most retail shares surged Monday as investors cheered a recommendation by the government’s Committee of Secretaries to allow up to 51% FDI in multi-brand organised retail.

India Inc welcomes FDI proposal in retail

Organised retailers and industry bodies on Friday welcomed recommendations of the Committee of Secretaries to allow up to 51 per cent FDI in multi-brand retail, but remained cagey about its impact on kirana shops.

Decision on FDI in multi-brand retail likely in July

A decision on the contentious issue of allowing foreign direct investment in multi-brand retail is likely to be taken before the Monsoon session of Parliament, sources said.

Agri Min wants 100% FDI in multi-brand retail: Sources

The agricultural ministry is demanding 100% foreign direct investment (FDI) in multi-brand retail and is keen that 50% of this should be for back-end, sources from the government tell CNBC-TV18.