Tuesday, December 04, 2012

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Lok Sabha to vote on FDI in retail today
IBNLive
Sushma Swaraj will respond to Kapil Sibal on Wednesday. Voting is expected to take place after 6 pm on a motion moved by the Opposition to disallow FDI in multi-brand retail and on FEMA. The Opposition will still insist on two separate votes, one on ...
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IBNLive
How Wal-Mart got a foot in the door of India's retail market
Economic Times
The company, called Cedar Support Services, might have been a more obvious selection four months earlier: it began its corporate life as Bharti Retail Holdings Ltd, according to documents filed with India's Registrar of Companies. The Cedar investment ...
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Economic Times
Store One Retail board allots 32 lakh equity shares to promoter
Moneycontrol.com
Store One Retail India Ltd has informed BSE that, pursuant to and in terms of shareholders' authorisation through Postal Ballot, result whereof was declared on November 22, 2012, the Board of Directors of the Company at its meeting held on December 04, ...
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Oppose FDI in retail, but stand with government: DMK
Times of India
DMK, which is part of the Congress-led United Progressive Alliance, extended its support to the government, while saying that FDI in retail would be harmful for the large chunk of retail traders across the country. "I am not telling this as an opponent ...
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Times of India
Passion, potatoes and probability dominate Day 1 of FDI debate
Livemint
BSP leader Dara Singh Chauhan said the government should not allow FDI in multi-brand retail, without clarifying his party's position on the vote. A key ally of the Congress, the Dravida Munnetra Kazhagam, which has been opposing the policy, said it ...
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Livemint
Don't rush with FDI in retail: BSP
Zee News
New Delhi: The BSP Tuesday expressed its doubts over foreign direct investment (FDI) in multi-brand retail policy and said the Congress led UPA government should not rush with the decision. "Poor people are anxious over the impact this policy can have ...
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Will oppose FDI in retail till the end: Trinamool
Firstpost
New Delhi: The Trinamool Congress Tuesday opposed FDI in multi-brand retail saying it would fight against the policy tooth and nail. "It is a matter of faith for us. We will fight it tooth and nail," Trinamool leader Saugata Roy said during a debate in ...
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Firstpost
Parliament Live: FDI in retail will increase poverty, says Mulayam
Firstpost
Yadav says: "Small time businessmen cannot compete with the retail houses. FDI in retail will increase poverty in the country. Companies will go only to cities with 10 lakh population and above because small places with poor people will not be able to ...
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Fear of big retail dominates first day of FDI discussion in Lok Sabha
Tehelka
Fear of big retail dominates first day of FDI discussion in Lok Sabha. Opposition members express their views on allowing FDI in retail. Lok Sabha to vote tomorrow. Priyanka Sundar New Delhi. Video FDI in retail discussion in Lok Sabha on 4 December ...
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Opposition seeks rollback of FDI
The Hindu
The Opposition parties on Tuesday went hammer and tongs against the government for its decision to allow FDI in multi-brand retail even as the much demanded debate under rule 184 (that entails voting) began on the issue in the Lok Sabha. They wanted ...
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The Hindu
Don't permit FDI in retail in small businesses' interest, BUVM tells PM
fnbnews.com
In a letter addressed to India's prime minister Manmohan Singh, the Bharatiya Udyog Vyapar Mandal (BUVM) has stated that using foreign direct investment (FDI) in India's multi-brand retail business as a ruse, multi-national corporations (MNCs) – which ...
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fnbnews.com
No cause for worry during vote on FDI retail: Sushilkumar Shinde
Daily News & Analysis
A day before the vote on FDI retail in the Lok Sabha, government today said there was no cause for worry and everything will be clear by tomorrow evening. "Let's not worry at all. Tomorrow 6 o'clock, everything will be clear and we will get the result ...
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Retail FDI: SP may walk out, TMC to vote against govt today
Indian Express
With the BSP having indicated that it would bail out the UPA in the Parliament vote on allowing FDI in multi-brand retail, Samajwadi Party chief Mulayam Singh Yadav on Tuesday vehemently objected to the policy reform and appealed to the government to ...
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Sibal tries to convince allies but in vain
Deccan Herald
The Congress was left to weather the storm on the day one of the debate on FDI in retail at Lok Sabha, where its allies DMK, BSP and SP openly voiced their opposition to the controversial policy. Speaking for 51 per cent FDI in retail in Lok Sabha ...
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FDI in retail will not help farmers: VK Singh
Times of India
NEW DELHI: Former Army chief Gen V K Singh slammed the government's decision to bring in FDI in multi-brand retail saying the move would not benefit farmers as procurement would be outsourced from other countries at cheaper prices. Joining in a ...
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New Rules Offer Some Hope to Mall Owners
Wall Street Journal
Owners of empty retail space also received good news earlier this year when the government made it easier for single-brand companies to open stores in India by allowing 100% foreign ownership. Before the change, companies like Marks and Spencer ...
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Wall Street Journal


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