CPM general secretary Prakash Karat, who wants a debate in Parliament on FDI in retail, says that the way political parties are poised in Parliament they won't be able to win the motion of no-confidence. Sheela Bhatt reports
India, at present allows 51 per cent FDI in single brand retail and 100 per cent in the cash-and-carry .
The fear of being boycotted by large US stores like WalMart, JC Penny and GAP has led Indian apparel exporters to formulate a code to eliminate child labour from Rs 46,000 crore (Rs 460 billion) garment export business.
Making his ambitions clear, Ambani said the company is "well equipped to be a national leader".
Ten Indian companies, including Mukesh Ambani-led Reliance Industries and telecom major Bharti Airtel, are among the 500 top global companies for 2009
Software giant Microsoft, Internet major Google and Apple have been named among 25 most inspiring companies in the United States in a list compiled by brand-consulting firm Inspiration Blvd.
The U2 lead singer had emergency back surgery, to prevent possible paralysis.
Economist Arvind Panagariya tells Suman Guha Mozumder that the rupee is doing a much-needed clean-up job, raising exports and cutting imports.
Bharti Walmart, the joint venture between Bharti Enterprises and Walmart, the world's largest retailer, is also expected to open cash and carry stores in the South in the next 12-24 months.
NRI billionaire LN Mittal is among the front runners for a committee being set up to improve ethical behaviour of crisis-ridden Goldman Sachs, says a media report.
Foreign direct investment in the multi-brand retail may be allowed subject to a stiff condition that global retailers will have to invest heavily in the back-end infrastructure like warehousing and cold storage.
Savitri Jindal, Asia's richest woman and the widow of the founder of steel and power conglomerate O P Jindal Group, is the richest billionaire mother with a net worth of $12.2 billion.
The government on Tuesday indicated that it was open to changing FDI norms for multi-brand retail sector, saying policies 'are not cast in stone'.
The government decision to cap sales by cash-and-carry players to their group front-end companies at 25 per cent of overall sales can force these wholesalers to reduce their investment plans by around Rs 800 crore (Rs 8 billion) in the immediate term, consultancy firm KPMG said.
Indians in and around Ferguson, Missouri, tell Arthur J Pais and Suman Guha Mozumder what it's like to be caught in the thick of America's racial volcano eruption
Bharti-Walmart, the joint wholesale retail venture between Bharti Enterprises and the world's largest retailer Wal-Mart Stores Inc of the US, unveiled its sustainable agricultural programme at Haider Nagar village, near Malerkotla in Punjab.
With his last film, Lahore releasing on Friday, we remember the actor's most memorable performances.
Two Indian women including Savitri Jindal and Indu Jain have been named among the list of world's top billionaires compiled by the US magazine Forbes.
Rajan Bharti Mittal, vice-chairman and managing director of Bharti Enterprises took over as president of Federation of Indian Chambers of Commerce and Industry (FICCI) at the conclusion of its 82nd annual general meeting (AGM).
The annual study by Hay Group, in partnership with Bloomberg BusinessWeek.com, ranked the best companies for leadership globally and examined how those companies develop leaders.
A jury in Houston County, Alabama, recommended the death penalty for a second man in the murder of Prakash Shah at the Southeast Mini-Mart in Dothan, April 20, 2004.
Tourism secretary Sujit Banerjee said the government is going for single window clearance system for hotel industry and all formalities including the preparation of cabinet note for the proposal has been finalised.
NYT has placed Mysore as the 4th best city among the 31 places to visit in 2010 under tourism.
Security was tightened at the various facilities of Anil Ambani-owned Anil Dhirubhai Ambani Group in Andhra Pradesh after mobs attacked the group's offices in five districts of the state on Thursday.
In the first nine months of 2009, FDI dipped by 26 per cent to $21.4 billion from $29 billion a year ago. The total FDI inflow into India since 2001 crossed the $100 billion mark.
Bharti Enterprises vice chairman and managing director Rajan Mittal said most of these will be Easyday stores.
Daimler would introduce lightweight trucks from Mitsubishi Fuso stable in the Indian market by 2010 as part of its expansion strategy in the country's auto mart.
According to data released by the Sikkim commerce and industries department in Gangtok, utensils including copper bowls fetched a revenue of Rs 900,000 for Indian traders during four months of trade at the Renquinggang mart. Other products like black tea, textiles, woollen shawls, canned food, vegetable oils and cigarettes were in demand from importers.
It may be long overdue, but consolidation in the media sector will happen very slowly and painfully.
'What gives hope is that Modi's own leadership is vitally linked to his capacity to deliver on the economic front. Indeed, if he succeeds, India's foreign policies will have changed beyond recognition,' feels Ambassador M K Bhadrakumar.
Former Australian cricketer Glenn McGrath signs copies of his autobiography Line and Strength at the Firle K-Mart in Adelaide, Australia on Thursday. McGrath's highly anticipated biography was released on August 1.
Bharti Retail, a subsidiary of Bharti Enterprises, on Monday said it will increase the head count to 60,000 by 2015 from 2,000 now as it has set a target to become a $1-billion company by then.
The Daily Express quoted Tan Lin, an official with the business administration office at the Tourism Bureau of Tibet, as saying that foreign tourists would be banned from entering Tibet, but added that those who have already arrived would be allowed to stay.
Bharti Retail exuded confidence that it is 'on course' to become a billion dollar company by 2015, and will open 40 more stores in the next three months notwithstanding the economic slowdown.
Reliance Retail (RRL), a subsidiary of the Reliance Industries, is on an expansion mode with plans to add more stores in the southern states.
The Nifty ended at 5650, up 23 points. The market breadth was positive. Out of 2964 stocks traded on the BSE, there were 1768 advancing stocks as against 1073 declines
The Samajwadi Party and the Bahujan Samaj Party saved Dr Manmohan Singh's chair today; will they tug it away from under him tomorrow, asks T V R Shenoy.
Though e-commerce opens a new world for the handicraft industry, empowering craftspersons still remains a real challenge.
Low cost carriers have 55 per cent of the market, up from 45 per cent in Q1 last year, and 30 per cent two years back. Does it mean India really is an LCC market? The performance of the airlines also seem to suggest that. While budget carrier Spicejet announced a small profit for Q1, all the big boys in the industry seem to be in trouble.
Global demand for certified wood has prompted Indian companies to get their logging vetted by monitoring agencies.
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