Housing developers hail FDI in retail, call for realty reforms
September 20th, 2012 - 6:22 pm ICT by IANS
Mumbai, Sep 20 (IANS) Hailing the UPA government's decision to allow FDI in retail as the right move, the housing developer community Thursday called for accelerating the economic reforms process ... Read more...
Posted in Business |
Trinamool ditches UPA, blasts Congress (Second Lead)
September 18th, 2012 - 10:38 pm ICT by IANS
Kolkata, Sep 18 (IANS) An aggressive West Bengal Chief Minister Mamata Banerjee Tuesday withdrew her Trinamool Congress' support to the Congress-led UPA government.Banerjee told a news conference that Trinamool's six ... Read more...
Posted in Uncategorized |
Mamata Banerjee opposes FDI in retail, insurance and aviation
August 23rd, 2012 - 6:08 pm ICT by IANS
New Delhi, Aug 23 (IANS) Trinamool Congress chief Mamata Banerjee Thursday reiterated her objection to overseas investment in multi-brand retail, insurance and aviation sector."We are not in favour of ... Read more...
Posted in Business |
30,000 bottles of fake vodka seized in Russia
June 27th, 2012 - 7:37 am ICT by IANS
Moscow, June 27 (IANS/RIA Novosti) Police in Russia's Siberia region have seized 30,000 bottles of counterfeit vodka estimated at three million rubles ($90,000), the interior ministry said.The bottles were seized ... Read more...
Posted in World |
Retail inflation surges to 10.36 percent in April
May 18th, 2012 - 3:15 pm ICT by IANS
New Delhi, May 18 (IANS) India's inflation based on retail prices surged 10.36 percent in April as compared to 9.38 percent in the previous month due to a sharp increase ... Read more...
Posted in Uncategorized |
Clinton, Krishna discuss terror, Afghanistan (Lead)
May 8th, 2012 - 12:24 pm ICT by IANS
New Delhi, May 8 (IANS) US Secretary of State Hillary Clinton Tuesday and Indian External Affairs Minister S.M. Krishna discussed terrorism emanating from the region, the Afghan situation and ... Read more...
Posted in Uncategorized |
Glowing times for online jewellery retailers
April 6th, 2012 - 4:36 pm ICT by IANS
New Delhi, April 6 (IANS) There was a time when gold jewellery or diamonds and other precious stones were only bought from the trusted family jeweller. Now the trend is ... Read more...
Posted in Life Style |
Starbucks eyes China market
April 3rd, 2012 - 5:03 pm ICT by IANS
Beijing, April 3 (IANS) Starbucks Corp expects China to become its second-biggest retail market measured by the number of its stores by 2014, following just behind the US.John Culver, president ... Read more...
Posted in World |
China’s e-commerce giant hives off reward points service
December 20th, 2011 - 5:16 pm ICT by IANS
Beijing, Dec 20 (IANS) Alipay, China's leading third-party online payment platform and a subsidiary of the Alibaba Group, has spinned off its reward points service as a wholly-owned subsidiary to ... Read more...
Posted in Sci-Tech |
SP workers clash with police during FDI protests
December 1st, 2011 - 2:44 pm ICT by IANS
Lucknow, Dec 1 (IANS) Samajwadi Party (SP) activists Thursday clashed with the police and were baton charged in this Uttar Pradesh capital while protesting the central government decision to allow ... Read more...
Posted in Business |
FDI war: BJP refuses to budge, Congress backs government (Second Intro Roundup)
December 1st, 2011 - 12:47 am ICT by IANS
New Delhi, Nov 30 (IANS) The deadlock over allowing foreign equity in India's retail market deepened Wednesday as the Bharatiya Janata Party (BJP) rejected the government's plea for toning ... Read more...
Posted in Politics |
Congress gives wholesale support to PM on retail FDI
November 30th, 2011 - 8:16 pm ICT by IANS
New Delhi, Nov 30 (IANS) Firmly backing the government's decision to allow foreign equity in Indian retail market, the Congress Wednesday said the Bharatiya Janata Party's (BJP) ... Read more...
Posted in Uncategorized |
Just 4 percent of India’s retail is organised
November 30th, 2011 - 7:41 pm ICT by IANS
New Delhi, Nov 30 (IANS) The share of the organised sector in India's $400-billion retail industry is miniscule at around 4 percent, leaving scope for growth and foreign equity investment, ... Read more...
Posted in Business |
FDI will revolutionise retail sector: Government
November 27th, 2011 - 7:04 pm ICT by IANS
New Delhi, Nov 27 (IANS) Amid growing attacks from the opposition and some of its allies for allowing foreign direct investment (FDI) in multi-brand retail, the United Progressive Alliance ... Read more...
Posted in Politics |
Pros and cons of foreign equity in retailing
November 25th, 2011 - 5:10 pm ICT by IANS
Following are the main issues raised by those in favour of foreign equity in multi-brand retailing and those opposed to it:Those against:- It will lead to closure of tens of thousands ... Read more...
Posted in Business |
The pros and cons of foreign equity in retailing
November 24th, 2011 - 8:22 pm ICT by IANS
New Delhi, Nov 24 (IANS) The following are the main issues raised by those in favour of foreign equity in multi-brand retailing and those opposed to it:Those against:- It will ... Read more...
Posted in Business |
BJP to intensify protests against FDI in retail
November 20th, 2011 - 3:27 pm ICT by IANS
Bhubaneswar, Nov 20 (IANS) The opposition Bharatiya Janata Party (BJP) Sunday threatened to launch nationwide agitations against the central government's move to allow foreign direct investment (FDI) in multi-brand ... Read more...
Posted in Business |
Finance ministry okays FDI in multi-brand retail
November 17th, 2011 - 9:21 pm ICT by IANS
New Delhi, Nov 17 (IANS) The finance ministry has approved the draft cabinet note that seeks to allow up to 51 percent foreign direct investment (FDI) in multi-brand retail, sources ... Read more...
Posted in Business |
SBI eyes more branches in Bangladesh
November 14th, 2011 - 12:13 am ICT by IANS
Kolkata, Nov 13 (IANS) The country's largest public sector bank, State Bank of India (SBI) is going to expand its network of branches in Bangladesh, despite a recent downgrading ... Read more...
Posted in Business |
Onion prices shoot up in Maharashtra
September 14th, 2011 - 9:15 pm ICT by IANS
Nashik/Mumbai, Sep 14 (IANS) Onion prices in Maharashtra have shot up yet again this week due to a supply crunch owing to growers' refusal to market their yield in protest ... Read more...
Posted in Business |
Chandy asks liquor firms not to stop supplies
August 24th, 2011 - 7:18 pm ICT by IANS
Thiruvananthapuram, Aug 24 (IANS) Kerala chief minister Oommen Chandy Wednesday asked all liquor distilleries in the state not to stop supply and sought time for the government to look into ... Read more...
Posted in Business |
‘45 percent of Kerala drinkers face liver disease threat’
August 11th, 2011 - 9:24 pm ICT by IANS
Thiruvananthapuram, Aug 11 (IANS) With liquor consumption reaching an all-time high in Kerala, up to 45 percent of the regular drinkers face the risk of ending up with some liver ... Read more...
Posted in Uncategorized |
Brazilian financial institution to buy US bank
April 26th, 2011 - 12:01 pm ICT by IANS
Rio de Janeiro, April 26 (IANS/EFE) State-run Banco do Brasil, Latin America's largest financial institution by assets, announced Monday a deal to purchase Florida-based EuroBank for $6 million.The transaction is ... Read more...
Posted in Uncategorized |
Goodricke seeks partners for iced tea retail
April 12th, 2011 - 8:46 pm ICT by IANS
Kolkata, April 12 (IANS) Goodricke Group Ltd is looking for partners to enter the retail market for iced tea, a top executive of the company said Tuesday.The company is already ... Read more...
Posted in Business |
Trinamool not for FDI in retail market
February 26th, 2011 - 9:13 pm ICT by IANS
Kolkata, Feb 26 (IANS) The Trinamool Congress will not allow Foreign Direct Investment (FDI) in retail market if it comes to power in West Bengal, senior party leader and leader of ... Read more...
Posted in Business |
Online retailer Yepmeshopping plans own clothing labels
January 21st, 2011 - 6:34 pm ICT by IANS
New Delhi, Jan 21 (IANS) Online retailer Yepmeshopping.com plans to launch more self-owned labels, apart from social media marketing strategy, to cater to the fast-growing online-retail market in tier-II and III ... Read more...
Posted in Business |
Karat slams government policies to curb inflation
January 17th, 2011 - 11:09 pm ICT by IANS
Durgapur (West Bengal), Jan 17 (IANS) Communist Party of India-Marxist (CPI-M) general secretary Prakash Karat Monday flayed the United Progressive Alliance (UPA) government's proposed policy of allowing foreign investment in retail market ... Read more...
Posted in Business |
Fresh onion supply pulls down wholesale price in Delhi
January 17th, 2011 - 7:57 pm ICT by IANS
New Delhi, Jan 17 (IANS) With the arrival of fresh stocks, onion prices in the capital's wholesale market have dipped to Rs.13-33 per kg and are expected to go down further, traders ... Read more...
Posted in Business |
Onion prices to crash by mid-January (Lead)
January 3rd, 2011 - 7:35 pm ICT by IANS
New Delhi, Jan 3 (IANS) Onion prices will see a sharp fall by Jan 20, an association of Delhi's wholesale traders said Monday.This will be because of the arrival of fresh crops, ... Read more...
Posted in Business |
EGoM to discuss high food prices today
December 28th, 2010 - 11:57 am ICT by ANI
New Delhi, Dec 28 (ANI): An Empowered Group of Ministers (EGoM) on food, headed by Finance Minister Pranab Mukherjee, will meet here today to review prices of essential commodities.The group may ... Read more...
Posted in National |
Sheila Dikshit blames media for spreading rumours on price rise
December 23rd, 2010 - 8:28 pm ICT by ANI
New Delhi, Dec 23 (ANI): Delhi Chief Minister Sheila Dikshit on Thursday contradicting her earlier statement that the government is making all attempts to bring the prices under control, blamed the media ... Read more...
Posted in National |
Onion prices set to soon decline in Karnataka
December 22nd, 2010 - 8:19 pm ICT by IANS
Bangalore, Dec 22 (IANS) Onion prices, which shot up to Rs.75-80 a kg in Karnataka this week, are set to decline in the coming weeks with more stocks entering the wholesale markets, ... Read more...
Posted in Business |
Manmohan Singh expresses deep concern over sharp rise in onion prices
December 21st, 2010 - 9:53 pm ICT by ANI
New Delhi, Dec 21 (ANI): The Prime Minister, Dr. Manmohan Singh, on Tuesday expressing deep concern over the skyrocketing prices of onions said effective steps should be taken to bring down ... Read more...
Posted in National |
Pawar says onion prices will fall after three weeks
December 21st, 2010 - 1:35 pm ICT by ANI
New Delhi, Dec 21 (ANI): Union Agriculture Minister Sharad Pawar on Tuesday said that prices of onions are likely to fall only after three weeks."Situation will be normal in two to three ... Read more...
Posted in National |
Govt. suspends onion exports till Jan. 15 next year
December 20th, 2010 - 10:26 pm ICT by ANI
New Delhi, Dec 20 (ANI): The Government on Monday decided to suspend onion exports till January 15, 2011, in the wake of rising prices of the commodity, which is being sold at ... Read more...
Posted in National |