FDI
Retail
Amazon, Walmart stocks stay subdued as new e-tail FDI norms kick in: Analysts
IANS -
Stocks of global e-retailers -- Amazon and Walmart -- remained subdued on Monday, days after India's new Foreign Direct Investment (FDI) norms for e-commerce companies dented investor sentiments.
In the early morning trade hour (US East Coast), shares of Walmart...
Retail
Evaluating changes in FDI rules to avoid ‘unintended consequences’: Amazon
US e-tail giant Amazon sees "very good long-term prospects" in the Indian market but is evaluating the recent changes in FDI rules for online marketplaces to ensure that there are no "unintended consequences" for customers and sellers on its...
Retail
Snapdeal, Shopclues support Feb 1 deadline for e-commerce FDI rules
Smaller e-commerce players like Snapdeal and ShopClues have written to the Government opposing any move to extend the February 1, deadline for online marketplaces to comply with FDI rules, and urged that pressure for such relaxations need to be...
Retail
Global business leaders raise concerns over e-commerce policy changes in India
Several global business leaders have raised concerns over the evolving regulatory challenges concerning the e-commerce sector in India and said they want a stable policy regime to help this space achieve its robust growth and investment potential.
According to a...
Retail
Government may relax local sourcing norms for single-brand retailers to attract big investments
In order to attract big foreign players in the single-brand retail sector, the Government is considering measures to relax the mandatory 30 percent local sourcing norms by allowing them more time to comply with the regulations, sources told PTI.
According...
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New E-Comm Rules: Flipkart for broad market-driven framework
India’s largest online marketplace Flipkart has requested New Delhi that a broad, market-driven framework for the e-commerce industry be put in place after consultations with the relevant stakeholders.
The request came a day after the federal government announced changes in the foreign direct investment...
Retail Hub
New norms to ensure balanced growth of e-commerce: Snapdeal
IANS -
The revised Foreign Direct Investment (FDI) policy on e-commerce would ensure balanced growth of the online industry with gains for both sellers and buyers, said leading e-tailer Snapdeal on Thursday.
"The update to the FDI policy on e-commerce will ensure...
Retail
India eyes $100 billion FDI in next two years: Suresh Prabhu
India will aim to receive $100 billion in foreign direct investments in the next two years and special industrial clusters are being created for countries like Japan, South Korea, China and Russia where their companies can invest and operate, Union...
Retail
No proposal to change existing FDI policy in multi-brand retail trade: DIPP Secy
The Government has no proposal to change the existing foreign direct investment (FDI) policy in the multi-brand retail trading sector, a top official said Thursday.
"You know the multi-brand retail policy that exists today. There is no proposal for change,"...
Retail
India to be US$100 billion FDI destination by 2022: PHD Chamber
India is approaching towards US$ 100 billion FDI inflow per annum by 2022 as volumes of foreign direct investment are increasing year after year, PHD Chamber of Commerce and Industry Vice President D K Aggarwal said Monday.
According to a...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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