Showing Archived Posts

  • Page 2 of 2
  • <
  • 1
  • 2

Opposition to Retail Reform Halts India’s Parliament

Posted November 28th, 2011 at 9:20 am (UTC-5)
Leave a comment

India’s parliament abruptly adjourned Monday following an uproar by lawmakers opposed to the government’s recent decision to allow foreign retailers into the country. The Cabinet last week approved a measure allowing global firms to own up to 51 percent of multi-brand retail companies in India such as supermarkets. Foreign companies can also own up to […]

Tags: , , , Posted in Economy, South Asia

Indian Lawmakers in Uproar Over Retail Reforms

Posted November 28th, 2011 at 5:10 am (UTC-5)
Leave a comment

India’s parliament abruptly adjourned for the day Monday after an uproar among the lawmakers about the government’s recent decision to allow foreign retailers into the country. Lawmakers from opposition parties and from within Prime Minister Manmohan Singh’s coalition opposed the new foreign investment rules. Foreign retailers are now allowed to own up to 51 percent […]

Tags: , Posted in South Asia

India Seeks to Reassure Critics of New Retail Policy

Posted November 25th, 2011 at 11:50 am (UTC-5)
Leave a comment

Indian officials say opening up the country’s retail sector to foreign chians will not hurt smaller businesses, but instead create some 10 million jobs over three years. India’s Commerce Minister Anand Sharma said Friday the government has built in safeguards to protect farmers and small shopkeepers while allowing foreign retailers like Wal-Mart and Tesco into […]

Tags: , Posted in Economy, South Asia
  • Page 2 of 2
  • <
  • 1
  • 2

Calendar

April 2024
M T W T F S S
« Jan    
1234567
891011121314
15161718192021
22232425262728
2930  

Archives

Categories