Friday, November 30, 2012

Google Alert - retail news

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FDI in retail: fema regulations tabled in LS
Hindustan Times
The government on Friday tabled in Lok Sabha amendments to Fema Regulations, including the one that has operationalised the controversial decision to allow FDI in the multi-brand retail. Five amendments to regulations issued by the Reserve Bank of ...
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RBS India retail unit sale to HSBC falls through
Business Standard
Royal Bank of Scotland's sale of its Indian retail and commercial banking operations to HSBC has fallen through more than two years after it was struck, leaving RBS to wind it down. RBS agreed to sell the business to HSBC in July 2010. It has 31 ...
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Retail inflation inches to 9.6% in Oct
Business Standard
Retail inflation for industrial workers climbed to 9.6% in October on account higher prices of wheat and rice, from 9.39% in the same month last year. The retail inflation, measured by the Consumer Price Index for Industrial Workers, stood at 9.14% in ...
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Arvind aims Rs 1500cr biz from retail next yr
Moneycontrol.com
Textile major Arvind Ltd is eyeing Rs 1,400-1,500 crore in revenue from its retail business by next financial year, a top company official said on Friday. "We are looking at a turnover of Rs 1,400-1,500 crore by March 2014 from retail activity," Arvind ...
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Moneycontrol.com
Festive season brings cheer for banks in retail credit
Business Standard
The reduction in interest rates by banks in home loans has finally helped banks to garner a higher month-on-month growth this year in the festive season compared with the growth recorded last year. The growth in outstanding home loans in absolute terms ...
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Posco Specialty Steel postpones IPO, scraps retail subscription: report
Livemint
Seoul: South Korea's Posco Specialty Steel, owned by steelmaker Posco, has postponed its initial public offering (IPO) set for December after scrapping a plan for retail subscriptions, the Chosun Ilbo newspaper reported on Friday. The company announced ...
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Livemint
Retail centres cautious but optimistic on sales
Sydney Morning Herald
SHOPPING centre managers remain cautious about the outlook, but there are signs emerging of a recovery in retail spending, a survey finds. Across the country, retailers are still struggling with challenging trading conditions and tenant inquiry remains ...
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Sydney Morning Herald
Superstorm Sandy batters November retail sales
Christian Science Monitor
And sales weren't much better in November, according to reports from major retailers. The International Council of Shopping Centers said 18 major retailers reported sales rose 1.7 percent in November compared to the same period a year ago. The group ...
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Christian Science Monitor
Vote on retail reform soon as govt bows to pressure
Firstpost
NEW DELHI (Reuters) – The government bowed to intense opposition pressure and agreed on Thursday to a vote on its decision to let foreign supermarkets set up shop in India, taking a major step towards ending a deadlock that has paralysed parliament for ...
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Firstpost


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