Foreign retailers’ woes continue, Carrefour-Bharti deal in limbo

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Retail News India:  The woes of foreign retailers on Indian soil have continued unabated. After Walmart, the French retailer Carrefour’s plans to ink a deal with an Indian partner for retail operations aren’t heading anywhere. Differences over valuation with Indian businessman Sunil Mittal-promoted Bharti Enterprises and certain mandatory business terms seem to have put a […]

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Amazon lobbying hard with US for FDI in retail in India

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Retail News India: World’s largest e-commerce company Amazon.com Inc, which forayed into India last year with a country-specific online marketplace Amazon.in, is lobbying hard with the US government on a range of issues, including foreign direct investment (FDI) in India, according to a PTI report. This development comes at a time when retail giant Wal-Mart […]

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Cushman and Wakefield: Private equity investments in Indian real estate surge 13% in 2013

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Real estate News India:  Private equity (PE) investments in Indian real estate have increased 13% in 2013 with the total inflows during the year at Rs 7,000 crore ($1.2 billion), compared to Rs 6,200 crore in 2012 ($1.1 billion), says global realty consultants, Cushman and Wakefield. Overall private equity investments across sectors in India have […]

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Stefano Ricci a High-end brand awaiting FIPB nod

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Retail New India: In yet another sign that luxury retail is on an upswing in India, Italian high-end brand Stefano Ricci has decided to enter the country with 100 per cent foreign direct investment (FDI). So far, the company specialising in men’s luxury fashion has only 34 stores across Europe, Asia and the US. Its flagship […]

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DIPP to soon start talks in FDI in e-commerce in retail

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  As per a report in Economic Times, the Commerce and Industry Ministry will initiate formal consultations with all stake holders soon for allowing FDI in e-commerce activities, which will include selling of insurance and shares, besides retail. The Department of Industrial Policy and Promotion (DIPP) has started the exercise on the matter and has […]

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