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FDI move will ruin Indian retail trade: CPI-M


September 21st, 2012 - 4:10 pm ICT by IANS
New Delhi, Sep 21 (IANS) The government's policy notification on FDI is "the single biggest step" that will destroy the livelihood of those engaged in India's retail trade, the CPI-M ... Read more...

Posted in Politics |

5 admitted in hospital after shooting at Austin-area Wal-Mart


August 20th, 2012 - 6:18 pm ICT by Aishwarya Bhatt
Cedar Park, Aug 20 (THAINDIAN NEWS) Shooting occurred in Cedar Park which hospitalized five people. This shooting took place at a Wal-Mart store. The whole incident took place on Sunday at 4.30 ... Read more...

Posted in World News |

Don’t open multi-brand FDI in retail, PM told


July 22nd, 2012 - 2:43 pm ICT by IANS
New Delhi, July 22 (IANS) The Samajwadi Party and the Left have urged Prime Minister Manmohan Singh not to let FDI in multi-brand retail sector, saying this will virtually ... Read more...

Posted in Politics |

Don’t let Wal-Mart in, says CPI-M


July 16th, 2012 - 3:29 pm ICT by IANS
New Delhi, July 16 (IANS) The CPI-M Monday denounced US President Barack Obama for asking India to allow Wal-Mart to operate in Indian retail trade and asked the government ... Read more...

Posted in Politics |

Australian Billionaire Gina Rinehart is now the world’s richest woman


May 24th, 2012 - 7:24 pm ICT by Aishwarya Bhatt
Sydney, May 24 (THAINDIAN NEWS) Gina Rinehart Australia's richest woman, is now the world's weathiest woman as well.Rinehart has a personal fortune of 29.2 billion Australian dollars (28.5 billion US dollars). She ... Read more...

Posted in Business |

Mexico probes Wal-Mart bribery allegations


April 27th, 2012 - 11:13 am ICT by IANS
Mexico City, April 27 (IANS/EFE) Investigators are looking into allegations that US retail giant Wal-Mart's unit in Mexico paid bribes to officials to speed the opening of stores during its ... Read more...

Posted in World |

Indra Nooyi gets a raise, makes $17 mn in 2011


March 24th, 2012 - 10:36 am ICT by IANS
Washington, March 24 (IANS) PepsiCo's Indian-born chairman and chief executive Indra Nooyi received $17.1 million in compensation in 2011, a 5.8 percent increase from her 2010 package, according to a ... Read more...

Posted in Business |

Factsheet on Indian Railways, third largest globally


March 14th, 2012 - 6:44 pm ICT by IANS
New Delhi, March 14 (IANS) Indian Railways not just runs the world's third largest railroad network but is also among the largest employers. Here's a fact sheet:* Operates the third ... Read more...

Posted in Health Science |

Man shoots woman, kills self at Wal-Mart centre


February 23rd, 2012 - 8:49 am ICT by IANS
Washington, Feb 23 (IANS) A 40-year-old woman manager at a Wal-Mart distribution centre in the US state of Virginia was shot at by an employee who later killed himself when ... Read more...

Posted in World |

Making India-US ties a ‘cornerstone of Asia-Pacific century’ (2011 in Retrospect)


December 20th, 2011 - 4:36 pm ICT by IANS
Washington, Dec 20 (IANS) Amid turmoil from Afghanistan to Iraq to Libya, it was a year of consolidation of a strategic partnership between India and the US as they ... Read more...

Posted in World |

FDI pause wins peace in parliament, disappoints India Inc. (Roundup)


December 7th, 2011 - 8:57 pm ICT by IANS
New Delhi, Dec 7 (IANS) Thirteen days after what was seen as a major reformist move, the government Wednesday was forced to suspend its decision on foreign investment in ... Read more...

Posted in Business |

Shops shut in India but shoppers open to foreign retailers (Roundup)


December 1st, 2011 - 7:57 pm ICT by IANS
New Delhi, Dec 1 (IANS) Protests over the entry of global retail chains such as Wal-Mart and Carrefour saw tens of thousands of shops down shutters across India Thursday, ... Read more...

Posted in Business |

FDI strike hits trade and business across Bengal


December 1st, 2011 - 4:06 pm ICT by IANS
Kolkata, Dec 1 (IANS) Trade and business was crippled across West Bengal Thursday as retailers and wholesalers shut shop to protest the central government's decision to allow 51 percent ... Read more...

Posted in Business |

Shopkeepers protest but shoppers don’t mind foreign retailers (Afternoon Lead)


December 1st, 2011 - 3:35 pm ICT by IANS
New Delhi, Dec 1 (IANS) Protests over the entry of global retail chains such as Wal-Mart and Carrefour saw tens of thousands of shop-owners downing their shutters across India ... Read more...

Posted in Politics |

PM speaks to Trinamool, DMK on FDI (Lead)


November 30th, 2011 - 8:06 pm ICT by IANS
New Delhi, Nov 30 (IANS) Prime Minister Manmohan Singh Wednesday spoke to leaders of allies Trinamool Congress and DMK after attending a meeting of the Congress core committee in ... Read more...

Posted in Politics |

Odisha wants rollback of FDI decision


November 28th, 2011 - 7:02 pm ICT by IANS
Bhubaneswar, Nov 28 (IANS) Odisha Chief Minister Naveen Patnaik Monday criticised the central government for not consulting states before allowing foreign equity in the retail sector and demanded that ... Read more...

Posted in Uncategorized |

Americans ready to ‘Die Another Day’ (Washington Newsletter)


November 27th, 2011 - 4:35 pm ICT by IANS
Washington, Nov 27 (IANS) The world did not come to an end as a 'super committee' of lawmakers dispersed without making the miracle it was supposed to do - ... Read more...

Posted in Uncategorized |

India’s retail stocks open strong after foreign equity nod


November 25th, 2011 - 11:19 am ICT by IANS
New Delhi, Nov 25 (IANS) Retail stocks in India opened on a strong note Friday on the back of the decision the previous evening to open up the sector further ... 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 |

Wal-Mart Q3 profit below estimates


November 16th, 2011 - 1:56 pm ICT by IANS
Washington, Nov 16 (IANS) Wal-Mart Stores Inc., the world's largest retailer, saw its third-quarter profit below analysts' estimates as it cut prices to boost sales.The company said Tuesday in a ... Read more...

Posted in Business |

China’s Wal-Mart stores closed over pork fraud


October 10th, 2011 - 12:39 pm ICT by IANS
Beijing, Oct 10 (IANS) Twelve Wal-Mart stores in southwest China have been ordered to close after they were accused of fraudulently selling ordinary pork as organic pork.The stores run by ... Read more...

Posted in Business |

Scheme for unemployed Kashmiri youth


August 22nd, 2011 - 8:55 pm ICT by IANS
New Delhi, Aug 22 (IANS) The central government will spend Rs.235 crore annually on a training-cum-placement programme to prepare one lakh youths from Jammu and Kashmir for employment in ... Read more...

Posted in National |

Wall Street recovers from last week’s losses


August 16th, 2011 - 5:43 am ICT by IANS
New York, Aug 16 (IANS) Wall Street rallied Monday helping to erase all losses after the Standard & Poor's downgrading of the US rating, as investors were hunting bargains following ... Read more...

Posted in Business |

India pitches for greater US investment


August 10th, 2011 - 6:18 pm ICT by IANS
New Delhi, Aug 10 (IANS) Nirupama Rao, India's ambassador-designate to the US, Wednesday pitched for greater American investment and underlined the need to create more common ground between India and ... Read more...

Posted in Uncategorized |

No impact of political controversies on investment: Mukherjee


July 26th, 2011 - 12:26 pm ICT by IANS
London, July 26 (IANS) On the day former telecom minister A. Raja sought to drag Prime Minister Manmohan Singh into the second generation (2G) spectrum case, Finance Minister Pranab ... Read more...

Posted in Politics |

U.S. Supreme Court rules out discrimination class-action suit against Wal-Mart


June 21st, 2011 - 8:16 am ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- The U.S. Supreme Court on Monday ruled in favor of Wal-Mart as a group of over 1 million employees had filed a class-action lawsuit against the nation's ... Read more...

Posted in Business |

Target faces the brunt of union pressure


May 25th, 2011 - 8:32 pm ICT by Aishwarya Bhatt
New York, May 25 (THAINDIAN NEWS) Employees of Target have started mounting pressure on the company as union battle seems to be on the horizon. Employees of Target in New York City ... Read more...

Posted in Business |

Bharti Walmart launches global money transfer service


May 24th, 2011 - 5:04 pm ICT by IANS
New Delhi, May 24 (IANS) Bharti Walmart, global retail firm Walmart's joint venture with Bharti Enterprises in India, Tuesday launched a global money transfer service in its stores across India ... Read more...

Posted in Business |

Toxic chemicals present in baby products


May 19th, 2011 - 1:53 am ICT by Aishwarya Bhatt
New York, May 18 (THAINDIAN NEWS) Researchers have concluded after a study that baby products are laden with toxic chemicals. The study was conducted by the Alliance for Toxic-Free Fire Safety.After studying ... Read more...

Posted in Health |

Man dressed in cow suit robs milk at Walmart


April 29th, 2011 - 9:19 pm ICT by Aishwarya Bhatt
Virginia, April 29 (THAINDIAN NEWS) A man dressed in a cow suit robbed a Wal-Mart shop escaping with about 26 gallons of milk. The incident took place at a busy shop in ... Read more...

Posted in Odd news |

Huffington Post sued by unpaid bloggers


April 13th, 2011 - 11:42 am ICT by IANS
New York, April 13 (IANS/EFE) The Huffington Post is being sued for $105 million on behalf of the roughly 9,000 bloggers who have contributed content to the website, which was ... Read more...

Posted in World |

Bieber to launch fragranced dog tags, bracelets


April 2nd, 2011 - 3:56 pm ICT by IANS
London, April 2 (IANS) Teen sensation Justin Bieber is set to expand his accessories range by including fragrance-infused dog tags and bracelets.The "Baby" hitmaker has created two designs for the ... Read more...

Posted in Uncategorized |

Supreme Court to decide on Wal-Mart discrimination case soon


March 28th, 2011 - 8:18 pm ICT by Aishwarya Bhatt
Washington DC, Mar 28 (THAINDIAN NEWS) The US Supreme Court on Tuesday is expected to give a ruling on a gender discrimination case that experts believe would serve as a landmark.Wal-Mart is ... Read more...

Posted in World News |

Aretha Franklin all set to return to stage


February 17th, 2011 - 7:53 pm ICT by Aishwarya Bhatt
Los Angeles, Feb 17 (THAINDIAN NEWS) Aretha Franklin has revealed that she believes she is “150 percent” back to her life following her surgery.During an interview with The Associated Press on Wednesday, ... Read more...

Posted in Entertainment |

Aretha Franklin ‘150 percent’ ready for first post-surgery concert


February 17th, 2011 - 5:51 pm ICT by ANI
London, Feb 17 (ANI): Fans can expect to see more of Aretha Franklin in the coming months.The 'Queen of Soul' has revealed that she is '150 percent' ready to return to the ... Read more...

Posted in Entertainment |

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