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Total 94 results found. Search for [ Walmart sourcing India ]

Results 60 to 80 of 94
Mail Today Bureau
Mail Today Bureau, April 9, 2014
Walmart Stores Inc has announced plans to open 50 more wholesale outlets in India and launch online operations to sell goods to small traders.

New Delhi, April 8, 2014
About six months after breaking up with the Bharti Group, the Bentonville-based firm said on Tuesday it is also strengthening compliance procedures following investigations into alleged corruption in its Indian arm.

Shamni Pande
January 15, 2014
If it was Arvind Kejriwal's plan to make the corporate world sit up and take notice of his party and his government, he has certainly succeeded. Delhi, after all, is a retailers' paradise, the biggest and fattest consumer in the country.

Ajita Shashidhar and Arpita Mukherjee
January 18, 2014
India has opened the door for global retailers, but they still prefer joint ventures. One reason retailers are reluctant is the tough regulatory environment in the country. To begin with, foreign retailers have to pay multiple taxes to set up shop.

Mumbai, December 20, 2013
It took months of arm-twisting and assurances from New Delhi to persuade British retailer Tesco Plc to take the plunge and become the first foreign player to set up a chain of supermarkets in India.

Arpita Mukherjee
December 19, 2013
While, players such as Walmart and Carrefour have decided to stay away, Tesco is putting in $110 million, the same as Trent Hypermarkets Ltd in the 50-50 partnership to build its presence in two Indian states, Karnataka (Bengaluru) and Maharashtra (Kolhapur).

New Delhi, December 17, 2013
After a series of presentations by its officials, the government approved IKEA's Rs 10,500 crore proposal in May paving way for it to set up home furnishing stores along with cafeterias in the country.

Ajay Modi
December 5, 2013
Anil Agrawal's Sanwaria Agro has been ranked one of the fastest wealth creators between 2006 and 2011. The Agrawal family has years of expertise in procuring soybean and supplying it to companies such as ITC and SM Dyechem.

Washington, October 14, 2013
In reply to a question on whether Walmart's move to part ways with Bharti Enterprises was a setback for the Indian retail sector, the finance minister said India's retail market is driven and strengthened by millions of standalone stores.

August 31, 2013
Global retail giant Walmart is expected to soon firm up its plan to foray into India's multibrand sector, a top government official said .

Ajita Shashidhar
August 2, 2013
Foreign retailers still have a number of concerns, the most important being that of brownfield and greenfield investments. The current rules do not allow a foreign investor to take over an existing retail business (brownfield investment).

New Delhi, August 1, 2013
Though the multi-brand retail sector was opened to global retailers last year, no foreign investment has taken place in the sector so far.

BT Online Bureau
Washington/New Delhi, July 29, 2013
After continuously seeking their support for about five years to facilitate its entry into the Indian market, global retail giant Walmart has stopped its lobbying with the US lawmakers on India-specific issues.

Mail Today Bureau
New Delhi, July 24, 2013
Walmart has informed the government that the mandatory requirement for procuring 30 per cent products from small industries stipulated for foreign direct investment in multi-brand retail does not fit into its business model and the limit should be scaled down to 20 per cent.

Mail Today Bureau
New Delhi, June 28, 2013
Commerce Minister Anand Sharma held detailed discussions on the issue with representatives of MNC retail giants and domestic companies, including the Aditya Birla Group and Bharti Enterprises.

Manu Kaushik
June 26, 2013
Nearly three weeks after the government decided to reiterate its tough pre-conditions on allowing FDI in multi-brand retail, a shake-up has begun in the sector. Raj Jain has quit as President of Walmart India, the local subsidiary of the US-based retail giant, after six years with the company.

Manu Kaushik
June 29, 2013
Though the government has allowed foreign investment in multi-brand retail, policy riders are holding global retailers back from making significant investments in the country.

New Delhi, June 7, 2013
Foreign players entering India's multi-brand retail segment will not be allowed to franchise their stores and they must source at least 30 per cent of the value of their retail sales from small industries.

Mail Today Bureau
New Delhi, May 11, 2013
The sticking point of local sourcing surfaced again on Friday with UK's leading retailer Tesco Plc seeking clarifications regarding sourcing norms for foreign direct investment (FDI) in retail.

Washington, April 23, 2013
Walmart continued to lobby with the American lawmakers over Indian retail FDI rules during the first quarter of 2013, even as a probe is underway into the global retail giant's US lobbying activities for facilitating its India entry.

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