Wednesday, December 05, 2012

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FDI in retail vote: Opposition still has edge in Rajya Sabha
Economic Times
It will not be easy for the government to skirt a vote in the Rajya Sabha. For, it has given a commitment to hold a vote on the motion opposing FDI in retail in both Houses of Parliament. "The chairman of the Rajya Sabha cannot allow a repeat of what ...
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Economic Times
Pre-market: Nifty seen opening soft; retail stocks eyed
Economic Times
NEW DELHI: The 50-share Nifty index is expected to open soft on Thursday tracking mixed Asian markets, while investors will keep a close eye on retail stocks after UPA II government won the Parliament vote in favour of FDI in retail in Lok Sabha. The ...
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India should be open to reforms and FDI in retail: Rakesh Kapoor, CEO Reckitt ...
Economic Times
FDI in retail is good for job creation, quality of products and better prices for all, the graduate from XLRI Jamshedpur added. "Consumption is a matter of sentiment... consumption takes off only when people feel good about themselves. I can't blame ...
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Economic Times
Govt wins retail FDI vote: Will D-Street party today?
Moneycontrol.com
Govt wins retail FDI vote: Will D-Street party today? In the US, the Dow and S&P came off their highs in the final minutes of trading but still it finished higher , led by a couple of upbeat economic reports and optimistic comments from china's new ...
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Moneycontrol.com
Traders oppose FDI in retail, held
Times of India
TRICHY: Opposing the Central government for allowing Foreign Direct Investment (FDI) in multi-brand retail in India, retail traders in Trichy attempted to block trains at the Trichy Junction station on Wednesday morning. However, police arrested 151 ...
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FDI in retail vote: SP & BSP abstain, propel UPA to victory
Economic Times
NEW DELHI: In what could be a sentiment booster for the economy and markets, UPA II government on Wednesday won the Parliament vote in favour of FDI in retail in Lok Sabha. The BJP motion against FDI in multi-brand retail was defeated as UPA won ...
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Economic Times
UPA govt wins vote on FDI in retail in Lok Sabha
Moneycontrol.com
The House also rejected the motion seeking amendment to the rules notified by the Reserve Bank under Foreign Exchange Management Act (FEMA) to enable FDI in multi-brand retail. While 254 voted in favour of the government, 224 were against. Members ...
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Moneycontrol.com
Govt wins retail FDI vote in Lok Sabha
Business Standard
Foreign retailers like Wall-Mart, Tesco and Carrefour have been keenly awaiting the outcome of the unprecedented Parliamentary intervention in the opening up of multi-brand retail to foreign investors. The government had in September cleared the decks ...
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FDI in multi-brand retail: India Inc cheers House nod
NDTV
New Delhi: India Inc today cheered defeat of the motion moved by the Opposition in the Lower House of Parliament seeking withdrawal of the government's decision to allow foreign direct investment, or FDI, in multi-brand retail. Corporate bigwigs said ...
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Hawkers oppose FDI in retail; threaten to agitate
Times of India
Addressing mediapersons, Saktiman Ghosh, general secretary of NHF said the opening of retail chains by companies like Reliance and ITC had already hit hawkers causing them 30% losses. He alleged that FDI was a ploy by politicians and multinationals to ...
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FDI in retail debate: Anand Sharma says govt held talks with all states, parties
NDTV
New Delhi: The Lok Sabha debated the contentious issue of Foreign Direct Investment or FDI in multi-brand retail over Tuesday and Wednesday. The BJP's Sushma Swaraj initiated the debate on the first day, slamming the government for not building ...
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Opposition misled LS, people on FDI in retail issue: Lalu
Daily News & Analysis
"BJP and the Opposition parties tried to mislead the people and the House on the FDI in retail issue. There is nothing mandatory in the FDI policy and states have the freedom to implement it if they want," he told reporters outside Parliament after the ...
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Daily News & Analysis
Will take fight against FDI in retail to streets: CPI-M
NDTV
New Delhi: Asserting that foreign investment in multi-brand retail was not in the interest of the country, the Communist Party of India-Marxist (CPI-M) on Wednesday said it would take its fight on the issue to the streets. "We will not let Walmart ...
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NDTV
COLUMN: Nifty seen scaling 6000 after govt wins retail FDI vote
Reuters India
The direct, sentimental impact of FDI in retail would be felt on major sector players such as Pantaloon, Shopper's Stop, Trent, Provogue and some realty players with exposure to the sector -- Indiabulls Real Estate and Phoenix could see further gains.
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Retail FDI: The way forward
Business Standard
An Enforcement Directorate probe into earlier Walmart investment into Bharti, in alleged violation of FDI rules, makes it complex for the largest retail chain of the world. * UK's Tesco is in an alliance with the Tata group for wholesale and backend ...
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Farmers, small traders ignored by FDI in retail: Mulayam
Livemint
New Delhi: The government has neglected the interest of farmers and small traders by deciding on foreign direct investment (FDI) in multi-brand retail, Samajwadi Party (SP) chief Mulayam Singh Yadav alleged on Wednesday after his party members of ...
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Livemint
NCP says it is opposed to FDI in retail
Business Standard
Even as it voted in favour of FDI in retail, UPA's key constituent NCP today struck a discordant note by saying that it did not support implementation of the decision in Maharashtra. "NCP does not support FDI in multi-brand retail," Patel, who is also ...
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Retail shares rally ahead of FDI vote
Business Standard
Shares of companies engaged in retail business are in focus in late noon deals ahead of key foreign direct investment (FDI) in multi-brand retail vote in Parliament later today. Shopper Stop, Pantaloon Retail (India), Trent Limited and Provouge (India ...
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As it happened: Sushma Swaraj's motion against FDI in multi-brand retail defeated
Daily News & Analysis
As the UPA Wednesday continued talks with opposition parties to elicit their support to foreign investment in retail during the vote in the Lok Sabha, the Samajwadi Party (SP) said it was against the move but would not do anything to "trouble the ...
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FDI in retail: SP, BSP bail out govt
Business Today
"Five crore people in retail trade will be destroyed. This decision has ignored the interests of 20 crore farmers and their families. The decision on FDI was taken under pressure of foreign companies. This is the reason the party boycotted it," Mulayam ...
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Business Today


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