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Traders say the outlook for the rupee has improved on the back of a sharp narrowing in the current account deficit after government and central bank emergency measures such as curbing gold imports.
Noel, Ratan Tata's half-brother and Mistry's brother-in-law, was a contender for the top position when Mistry was chosen as chairman in 2011.
Local traders are evaluating other options rather in FDI.
Physical format stores are here to stay.
Online grocers like Bigbasket and localbanya witness surge in sales.
The company's search for a partner in India seems to be grounded once again
The government is considering to tweak FDI policy in retail sector so as to allow global chains like Walmart, Carrefour and Tesco to open multi-brand stores in non-hilly cities with population less than one million.
AAP, set to form the government in Delhi, had said it was opposed to foreign direct investment in multi-brand retail.
India could allow global online retailers such as Amazon.com Inc to sell their own products as early as next month, removing restrictions that could boost competition in one of the world's biggest, and most price-sensitive, retail markets.
Four new retailers from US, two from Germany may have shown interest in setting up shop in India.
The stipulation that new front-end stores will have to be set up will impact M&A in the sector.
A series of blasts rocked Thailand, including two famous tourist spots popular with foreigners, within 12 hours, killing four persons and injuring several others.
The BJP-led government may not permit foreign retailers to open mega stores in the country as such a move may adversely impact small traders and farmers, new Commerce and Industry Minister Nirmala Sitharaman indicated.
Instead of announcing new schemes, focus will be on those already announced and key sectors.
Robust same store sales, margin growth mark June quarter.
India's plans to relax foreign direct investment (FDI) rules across a broad spectrum of industries have received the final approval from the Cabinet Committee of Economic Affairs (CCEA).
Recent easing of restrictions does not address the pain in the sector.
Global retail behemoths seem to have read the signals right.
No one's quite sure on the retail FDI issue in this regard, after the new Rajasthan and Delhi governments cancelled the approvals given by their predecessors
It entered India in 2006, with the aim of tapping the promising consumer market.
Before leaving on a 10-day foreign visit starting Monday, Sharma said he would address concerns of foreign retail sector investors and ensure help in setting up stores.
US retail major is in talks with Flipkart, Snapdeal, ShopClues and Grofers for partnership.
As many as seven retail shops on Lanka Road in Varanasi are owned and run by the extended family of the Kejriwals in the holy town.
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 ending its wholesale partnership with Walmart, Bharti Retail has decided to merge with the Future group
The chain readies to expand its footprint as Bharti focuses on its retail venture.
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