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Retail giant Tesco's entry into Indian market has hit a regulatory roadblock.
According to the final recommendations of an expert committee, the weight of primary (unprocessed) food items will go down by 0.5-1.0 percentage points in the new series compared to the current one
India has a tradition of rich narrative and storytelling and hence it's a natural market for self publishing, believes Jon P Fine, Amazon's director (author and publishing relations).
For 2014-15, the bill on this account is likely to be 12.8% more than in 2013-14.
India will extend the visa-on-arrival facility to all countries except eight with effect from September. The countries not covered under this single-entry e-visa facility, meant for purposes other than paid employment and education with a one-month time limit, are Pakistan, Sudan, Afghanistan, Iran, Iraq, Nigeria, Sri Lanka and Somalia. The facility is currently available to 11 countries, including New Zealand, Singapore, Luxembourg, Japan and Finland.
Since allowing FDI in multi-brand retail has been left to the states, Indian companies may not benefit as foreign investors are wary of the politics.
Infrastructure investments in politically-expedient sectors such as water supply, sanitation and irrigation have seen an increase during the first year of the 12th Five-Year Plan (2012-13 to 2016-17), but the same did not get replicated in other critical sectors.
Congress vice-president Rahul Gandhi has called a meeting of chief ministers of party-ruled states to chalk out the party's strategy in the run-up to the general election. The leaders would focus on setting up of Lokayuktas in a time-bound manner in states and curbing food inflation.
French giant might apply for multi-brand retailing if UK rival gets nod.
Cabinet note being readied, on basis of study, to ensure against foodgrain shortage; might require buffer of up to 50% more.
The privately-owned Hangzhou-based group, which has been in news for its impending IPO, is already sourcing human hair from the southern regions of India and has identified this category as a 'big opportunity', along with others like machinery, agro products, apparel and spices.
Survey likely to be tabled in July by the new government.
Cash-&-carry chains claim of the products they sell 85-90% is local.
Cash-and-carry stores try tricks, from playing Bollywood music to customising orders, to retain customers.
The chain readies to expand its footprint as Bharti focuses on its retail venture.
Govt floated import tender, allowed import without fumigation.
According to a senior Planning Commission official, according to the new criteria evolved by members Abhijit Sen and Mihir Shah, henceforth BRGF amounts will be allocated on the basis of backward blocks and not just districts.
The two former partners own about 100 such properties; expansion of Best Price, EasyDay stores only after transactions linked to the split are over.
US retail chain Walmart is awaiting a decision by its board decision on its India strategy, including its partnership with the Bharti group.
The one-year extension would give Walmart and its Indian joint venture partner in the cash and carry business, Bharti Group, more time to sort things out and decide on a retail foray together, people in the know said.
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