IKEA acquires 14-acre plot in Bengaluru for third India store

Store will directly employ 500-700 people, half of them women, and create 1,500 jobs indirectly Swedish retail giant IKEA has acquired a fourteen-acre plot on the outskirts of north Bengaluru to......

Govt drops plan to recall parliament to pass GST

India's government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax because of lack of political support, the finance minister said on......

IKEA yet to finalise a location for its India store

At a time when single-brand retail is in the news for a likely rejig in rules, the first biggest company to apply in this category, Sweden-based furniture company IKEA, is still two and a half......

We've tried to understand India's needs: IKEA India chief

Patience has kept IKEA, the euro 27-billion Swedish retailer, going despite entry hurdles. So says Juvencio Maeztu, its chief executive officer for India. The showpiece for foreign investment in......