Nivedita Mookerji &Amp; Nayanima Basu

Stories by Nivedita Mookerji &Amp; Nayanima Basu

FDI in multi-brand retail on the back burner again

FDI in multi-brand retail on the back burner again

Rediff.com   14 Sep 2011

The officials say no "concrete move" has yet been taken to take the matter to the Union cabinet for approval after the recommendation of the Committee of Secretaries (CoS) on July 22 to allow 51 per cent FDI.

Unitech to put 3 hotels on the block

Unitech to put 3 hotels on the block

Rediff.com   2 Sep 2011

Unitech has already tied up with hospitality chain Carlson for the Gurgaon property, and with Marriott for both the Noida and Kolkata hotels.

DLF plans to cut debt by Rs 3,000 cr

DLF plans to cut debt by Rs 3,000 cr

Rediff.com   23 Aug 2011

DLF is to divest non-core assets, including hotels and plots of land, but not Hilton JV, Delhi Aman.

India may allow EU's Pak package

India may allow EU's Pak package

Rediff.com   22 Aug 2011

Around 75 tariff lines or products from Pakistan would get concessional access to European markets for three years.

Exports: Ghost of 2008 crisis returns to haunt

Exports: Ghost of 2008 crisis returns to haunt

Rediff.com   8 Aug 2011

The US and European markets account for 35 per cent of export revenue and a big portion of volumes.

Realty sector divided over impact of retail FDI

Realty sector divided over impact of retail FDI

Rediff.com   4 Aug 2011

The real estate industry is divided over the impact of the proposed foreign direct investment (FDI) in multi-brand retail.

No retail major in rush for India foray

No retail major in rush for India foray

Rediff.com   1 Aug 2011

Early signs show firms rather lukewarm on entry; global economic climate, riders to FDI opening may be dampener.

Panel nods tough riders for retail FDI

Panel nods tough riders for retail FDI

Rediff.com   1 Aug 2011

Emerging consensus is that all state capitals be covered.

Multi-retail FDI making headway, but with riders

Multi-retail FDI making headway, but with riders

Rediff.com   19 Jul 2011

The committee of secretaries (CoS) looking into the issue of allowing foreign direct investment (FDI) in the multi-brand retail segment is likely to meet this Friday to try for more agreement on the issue.

US brand A&F heading East

US brand A&F heading East

Rediff.com   19 Jul 2011

With the American economy still recovering with the market reaching full potential, US companies like Abercombie is planning to tap emerging markets for luxury buys.

CBI to soon question Maxis' Krishnan

CBI to soon question Maxis' Krishnan

Rediff.com   18 Jul 2011

A Central Bureau of Investigation (CBI) official said the agency would soon call Malaysian businessman T Ananda Krishnan for questioning. Maxis is part of the business empire of Krishnan, who is expected to soon fly to New Delhi.

UK Air Charter firm Plc plans India foray

UK Air Charter firm Plc plans India foray

Rediff.com   15 Jul 2011

Ananjan Mitter, partner at ALMT Legal, a law firm, has represented Air Charter Service in the venture's application to the Foreign Investment Promotion Board, a key wing in the finance ministry that vets foreign direct investments proposals of companies.

DIPP proposes downstream route to bypass FDI caps

DIPP proposes downstream route to bypass FDI caps

Rediff.com   27 Jun 2011

Says allow companies with up to 49% FDI to invest in restricted sectors.

New food safety law to cost India Rs 15,000 cr

New food safety law to cost India Rs 15,000 cr

Rediff.com   16 Jun 2011

The Planning Commission is expected to take a call soon on the expenditure, which will be a component of the health ministry's 12th plan allocation. The ministry is expected to pitch for doubling the allocation for the overall health sector, it is learnt.

India, Asean to push services, investment deal

India, Asean to push services, investment deal

Rediff.com   15 Jun 2011

Meeting is on June 24-25 on stalled pact, agreement likely by year-end.

RIL looks to re-enter cash-&-carry

RIL looks to re-enter cash-&-carry

Rediff.com   6 Jun 2011

RIL had earlier decided not to pursue the cash-and-carry model due to a number of reasons, including a growing unrest towards organised retail.

India against new texts for WTO talks

India against new texts for WTO talks

Rediff.com   31 May 2011

Even as the debate around whether the Doha Round of global trade talks would be concluded by the year-end or not gain momentum, a cohort of developing countries, specifically India, has refused to accept the April 21 texts which call for mandatory sectoral tariff cuts as the basis of negotiations, despite US pressure.

Pakistan to grant India MFN status before October

Pakistan to grant India MFN status before October

Rediff.com   30 May 2011

Trade between India and Pakistan reached $1.85 billion in 2010-11, compared to $3 billion with Sri Lanka.

No progress in efforts to attract FDI in defence

No progress in efforts to attract FDI in defence

Rediff.com   25 May 2011

At present, a maximum of 26 per cent is allowed in the defence sector.

Bharti Walmart outpacing 2007 growth target

Bharti Walmart outpacing 2007 growth target

Rediff.com   25 May 2011

As against the 2007 target of 10-15 stores in seven years, it is planning to touch around 25 cash and carry outlets in India by the end of 2012.