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MNC e-commerce giants violating FDI norms: CAIT

India's largest traders' association CAIT on Tuesday said few multinational e-commerce giants with a heavy arsenal of funding are attempting to flout foreign investment guidelines for the sector......

Foreign multi-brand retailers cannot franchise stores

Foreign retailers entering India's multi-brand segment will not be allowed to franchise their stores and will have to put 50 per cent of their investments in back-end infrastructure specifically......

Why are global retailers in wait-and-watch mode for India?

While the controversy over allowing or banning foreign direct investment (FDI) in multi-brand retail trading (MBRT) is keeping every political party on its toes before the coming Lok Sabha......

Govt will not allow FDI in multi-brand retail

The National Democratic Alliance government will not allow foreign direct investment in multi-brand retail, Commerce and Industry Minister Nirmala Sitharaman said on Monday. "We are clear that......

Walmart, Tesco seek assurance on non-reversal of FDI policy

Global retailers like Walmart and Tesco have sought assurance from India that any change of governments at both centre and states should not result in reversal of FDI policy in multi-brand segment,......

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