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FDI in retail: Sourcing clause to deter foreign companies

The government's decision to completely open FDI in single brand retail is unlikely to have any significant change as foreign firms will be deterred by the 30 per cent sourcing clause, say industry......

Versace's launch at Mumbai Trident as scheduled

Despite the terror attacks at the Taj and Oberoi-Trident hotel in Mumbai, high-end Italian designer brand Versace plans to go ahead with its launch of Gianni Versace at the Trident later this......
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