The "huge mountain of debt" in developed economies and the risk of a possible unravelling is a matter of concern for India, Union Minister for Railways, Information & Broadcasting, Electronics & Information Technology Ashwini Vaishnaw said on Wednesday, pointing to the recent spike in Japanese bond yields.
Patience has kept IKEA, the euro 27-billion Swedish retailer, going despite entry hurdles. So says Juvencio Maeztu, its chief executive officer for India.
Store will directly employ 500-700 people, half of them women, and create 1,500 jobs indirectly
Patience has kept IKEA, the euro 27-billion Swedish retailer, going despite entry hurdles. So says Juvencio Maeztu, its chief executive officer for India.
After clearance in 2012, single-brand showpiece still to decide on a single location, with first store unlikely before 2017.
The government has given up plans to reconvene a parliament session to secure approval for a common goods and services tax.
Pricing isn't at the heart of Ikea's strategy. It is understanding how Indians live.