Hennes & Mauritz's FDI proposal gets DIPP green signal

The Department of Industrial Policy and Promotion (DIPP) is learnt to have given its approval to Hennes & Mauritz AB’s Rs 700-crore (Rs 7 billion) investment proposal, almost six months after......

Foreign retailers may wait till 2014 for India action

If the retail sector rulebook was changed in 2012, it's only in 2013 that international chains and other foreign investors will get down to action. Apart from the slowdown in international......

Policy change triggers single-brand retail rush

After proposals by IKEA and Pavers, another bunch of foreign single-brand retail applications is on its way to India, prompted by easier sourcing and brand ownership rules.At least half a dozen......

Foreign retailers query FDI rule details

The single-brand retail story is expected to have many more twists and turns, as American companies in this space are preparing to initiate talks with the authorities and other stakeholders to sort......