Thursday, December 06, 2012

Google Alert - retail news

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Mayawati to rescue govt in Rajya Sabha retail FDI vote
Reuters India
NEW DELHI (Reuters) - Mayawati, the president of the Bahujan Samaj Party, said on Thursday she would back the government on the FDI-in-retail vote in the Rajya Sabha, virtually ensuring that an opposition motion against the reform will be defeated.
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Rupee edges higher as government wins retail FDI vote
NDTV
The rupee edged higher to 54.43/44 against dollar after the government won the crucial vote on foreign direct investment (FDI) in multi-brand retail post market hours on Wednesday. The currency had closed at 54.54/55 level yesterday. Traders said the ...
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No threat to dept stores from retail FDI: Shoppers Stop
Business Standard
"Foreign Direct Investment in retail will not be a threat for the departmental stores model as the business is built more on trust. However, the hypermarket format will see intensified competition though not in the next 2-3 years. There is already ...
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FDI in retail: 'Real verdict' not reflected in vote, says BJP
Economic Times
Commerce minister Anand Sharma defended the government's decision to allow foreign capital in multi-brand retail, saying this was taken after due consultations with all stakeholders and that it would save farm output and generate employment in the country.
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Economic Times
FDI debate in Rajya Sabha
Times of India (blog)
01:55 PMUPA a lame duck government: Arun Jaitley. Calling the UPA govt "a lame duck", Arun Jaitley today said it was dependent on other parties to muster numbers to win a vote on FDI in retail in the Lok Sabha and would have to pay a huge price for this.
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FDI in retail: SP, BSP play role scripted by Congress without changes in Lok Sabha
Economic Times
The Samajwadi Party and the Bahujan Samaj Party walked out of the Lok Sabha to help the government defeat an Opposition-sponsored motion against FDI in retail. NEW DELHI: The Samajwadi Party and the Bahujan Samaj Party walked out of the Lok ...
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Lone RS member from Mizoram undecided on vote on FDI in retail
Zee News
Lone RS member from Mizoram undecided on vote on FDI in retail Aizawl: As the Rajya Sabha is set to vote on FDI in retail on Friday, Lalhming Liana, the lone member of the upper house from Mizoram, on Thursday said he was yet to take a decision on ...
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Rupee edges higher as govt wins retail FDI vote
Moneycontrol.com
Reuters Market Eye - The rupee edges higher to 54.43/44 versus its previous close of 54.54/55 after the government won the crucial vote on foreign direct investment in multibrand retail post market hours on Wednesday. Traders say the vote in the Rajya ...
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Moneycontrol.com
FDI in retail: Please move on
Economic Times
Consistency in being proved wrong has only strengthened their resolve to consistently make the wrong call on economic policy. That, however, is their funeral. For the BJP, which had originally prepared the blueprint to open up organised retail to FDI ...
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Solomon BioPharma to open 180 retail stores; to invest Rs 350 cr
Economic Times
... News By Industry » Healthcare/Biotech. 6 Dec, 2012, 04.45PM IST, The writer has posted comments on this article PTI. Solomon BioPharma to open 180 retail stores; to invest Rs 350 cr. Story; Comments. Post a comment. Email this article. Mail This ...
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Retail FDI gets LS go-ahead
Business Standard
As there were no abstentions, some chose not to vote. Though the Dravida Munnettra Kazhagam ( DMK), a government ally, had yesterday said it was opposed to the decision to allow FDI in retail, its MPs were present in the House and voted on Wednesday.
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