In India, these global retailers exported goods worth $725 million in 2010. Modern retail constitutes 6.5 per cent of the $435-billion overall Indian retail market.
The NITI Aayog's vice-chairman's charge holds ground.
With exporters' claim for over five months still pending, liquidity has been wiped out and the process of finalising new contracts has been held up.
The session was organised in the backdrop of upcoming new Companies Act which is touted to have very strong provisions for both executive and independent directors, said Nitin Mankad, chairman, CII Central Gujarat Zonal Council.
While the new norms are part of the draft policy's guidelines to fight counterfeit and fake products on platforms, they might end up helping brands and e-commerce firms sign exclusive sale deals.
Getting to the magic growth, however, will require massive increase in investment in infrastructure, in labour force skills and manufacturing capacity.
Leading businessmen from India and Pakistan on Monday called for closer commercial ties between the two countries and said commerce could well turn out to the harbinger of peace in the Subcontinent.
The President of the All India Football Federation (AIFF) Praful Patel was on Thursday appointed member of the Ad-Hoc Committee for Member Associations for the term 2011-2015 by the Executive Committee of the Asian Football Confederation.
Southampton confirmed that they had signed 23-year-old Walker-Peters, who spent the second half of last season on loan at the club. British media put the fee at 12 million pounds.
India, one of the world's fastest growing auto markets, will see the launch of over ten vehicles, including small cars during the 10th Auto Expo.
Prime Minister Narendra Modi is travelling again! The Pradhan Sevak is in Indonesia on the first leg of his three-nation tour to East Asia. This is Modi's first-ever official visit to Indonesia and before the visit, the PM hoped that the meet would cement the political, economic and strategic interest of the two friendly maritime neighbours.
'The outrage that followed the destruction of the Babri Masjid was an inability to see the event for what it was: The rectification of a grave historical wrong, the restitution of a hurt of a people and the countering of moral injustice,' argues Vivek Gumaste.
The US-India Business Council (USIBC) in coordination with the Confederation of Indian Industry (CII) and Federation of Indian Chambers of Commerce & Industry (Ficci) is preparing a list of invitees for the business summit to be addressed by visiting US President Barack Obama.
India boxer Vikas Krishan stormed into the quarter-finals of the men's 75kg category after beating Turkey's Onder Sipal by unanimous decision in a clearly dominating bout. Vikas in now one win away from a medal at the Games. India's first boxer to reach quarterfinals in Rio, Vikas will meet Uzbekistan's world championships silver medallist Bektemir Melikuziev in the next bout.
Wildcard entrant Gaurav Bidhuri's remarkable run at the World Boxing Championships ended with a bronze medal on Thursday after he lost his semifinal clash to American Duke Ragan in Hamburg.
The South Asian Football Federation (SAFF) has decided to start a new tournament, SAFF Club Championships, with the inaugural edition to be held in Bangladesh from September 1-15.
American lawmakers, who were attending the Confederation of Indian Industry's launch of a new study on Indian investment in the United States at a Congressional reception on Capitol Hill, showered Ambassador Meera Shankar with a surfeit of kudos, much to her embarrassment.Congressman Joe Crowley, New York Democrat and co-chair of the India Caucus in the US House of Representatives, said, "Ambassador you are a rock star". He also spoke of her receiving "a rock star welcome".
Undeterred by the real estate crisis after Dubai World's request to creditors for a standstill on repayment of its $60 billion debt until May, the Confederation of Real Estate Developers' Associations of India (Credai) has stuck to its original plan to hold its national convention during January 23-25 in Dubai.
FIFA has urged the agitating I-League clubs to work closely with the national federation
The Bajaj Super could not be called a pretty scooter, but it was sturdy and reliable, says Veenu Sandhu.
Favouring self-reliance in military technologies and weapons production, Navy Chief Admiral Nirmal Verma on Wednesday said that India should arrest the trend of importing arms.
Retailers claim online firms' predatory pricing strategy disrupting business
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
France has eased the norms for mobility of employees to the country.
India's leading industry chambers, the Confederation of Indian Industry (CII) and the Federation of Indian Chambers of Commerce and Industry (Ficci), said the US government should remove export restrictions on dual-use technologies.
BPCL's impending privatisation and RIL's stake sale to Saudi Aramco raise questions about the future of the West Coast Refinery, once touted as the world's largest.
With founder Subhash Chandra no longer in the driver's seat at Zee, the acid test for Punit Goenka would be to take the financial investors along with him even as he strives to weather the latest storm. The question, now, is how he will deal with the challenges of being a professional CEO rather than an owner-CEO in the aftermath of his family offloading most of its promoter stake to a clutch of financial investors. However, the silver lining is that Zee remains the most profitable of the top four broadcasters in India.
All India Football Federation (AIFF) chief Praful Patel is hopeful of establishing fruitful relations with new FIFA president Gianni Infantino and work towards the development of the game in the country.
Somers said, "Number one, the message has to be that now we are living in a global economy and that a knowledge partnership with India is enabling our American companies team with their Indian partners to remain globally competitive."
'In the last 4, 5 years, ever since online companies started online shopping in a big way with heavy discounts, our sales are affected badly.' 'As there is no control over the way the online companies operate, they were able to destroy the domestic retail market to a great extent.'
Plans 'complete' agricultural solution in mining areas
Federation of Indian Export Organisations president A Sakthivel said the quotations from the Chinese suppliers do not reflect the real value of the dollar, hurting the Indian interests.
'When you oppose a policy, you are labelled anti-government.' 'The problem is, the policymakers have never done any business in their lives.'
The Indian government will present the annual budget for 2016-17 on February 29.
The AIFF also asked its state units not to allow their players to participate in the 'unauthorised and unofficial Futsal league'.
Emirati Ahmed Khalil got a modicum of revenge on Guangzhou Evergrande captain Zheng Zhi when he pipped the Chinese to the Asian Football Confederation (AFC) Player of the Year award on Sunday.
The report of the committee could be taken up at the next meeting of Securities and Exchange Board of India.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
Speaking at the CII's partnership summit in Jaipur, Azevedo who is the Director General of WTO, also said the member countries should implement the trade facilitation agreement on time as it would help in reducing cost of commerce and boosting exports.
Inflation may come down to RBIs projections, if it does not we will have to take steps, RBI deputy governor K C Chakrabarty said on the sidelines of an event organised by Confederation of Indian Industry and Suresh Neotia Centre of Excellence.
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