Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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        LATEST NEWS UPDATES | Single-brand FDI map stays, may be step by step now for multi-brand by P Vaidyanathan Iyer    </title>
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The government is likely to recalibrate its retail foreign investment strategy, while simultaneously trying to bridge the political divide with allies and states.


Government sources said with neither the opposition nor the allies, Trinamool and DMK, objecting to 100 per cent..."/>
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The government is likely to recalibrate its retail foreign investment strategy, while simultaneously trying to bridge the political divide with allies and states.


Government sources said with neither the opposition nor the allies, Trinamool and DMK, objecting to 100 per cent..." />
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    <h1 class="cat-box-title">Single-brand FDI map stays, may be step by step now for multi-brand by P Vaidyanathan Iyer</h1>
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		 Published on</span><span class="text-date"> Dec 7, 2011</span>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">The government is likely to recalibrate its retail foreign investment strategy, while simultaneously trying to bridge the political divide with allies and states.</div><div style="text-align: justify">Government sources said with neither the opposition nor the allies, Trinamool and DMK, objecting to 100 per cent FDI in single-brand retail approved by the cabinet, the commerce and industry ministry would work on a notification to operationalise the decision.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Our understanding is we can work on rules for single-brand retail FDI. It is work in progress. But I don&rsquo;t want to give a deadline,&rdquo; said a government official, wiser after the Trinamool experience.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While a format for discussion with states and allies is still being worked upon, agreeing on a minority FDI threshold in multi-brand retail would help in building consensus, the sources said. &ldquo;It makes a difference in politics when you say the Indian partner will hold majority stake and own the retail venture,&rdquo; said a source.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This will still seem like a rollback, but will send a positive signal to investors. &ldquo;49 per cent FDI is something the corporate sector and foreign players are not averse to. A 26 per cent cap will be meaningless, and not incentive enough for foreign retailers to invest in back-end infrastructure,&rdquo; said another source.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sources in the department of industrial policy and promotion that tabled the retail FDI proposal said direct FDI can remain capped at 49 per cent, yet foreign companies can invest more than their direct holding. For instance, a foreign retailer can invest 49 per cent stake in a multi-brand retail company. The balance 51 per cent in the retail company can be held by a joint venture owned and controlled by Indian residents, with a foreign entity holding a stake less than 50 per cent. Here the indirect FDI will not be counted while calculating the FDI cap.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.indianexpress.com/news/singlebrand-fdi-map-stays-may-be-step-by-step-now-for-multibrand/885258/" class="re" target="_blank">The Indian Express, 8 December, 2011, http://www.indianexpress.com/news/singlebrand-fdi-map-stays-may-be-step-by-step-now-for-multibrand/885258/</a><div class="clear"></div>
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The government is likely to recalibrate its retail foreign investment strategy, while simultaneously trying to bridge the political divide with allies and states.


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    <h1 class="cat-box-title">Single-brand FDI map stays, may be step by step now for multi-brand by P Vaidyanathan Iyer</h1>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">The government is likely to recalibrate its retail foreign investment strategy, while simultaneously trying to bridge the political divide with allies and states.</div><div style="text-align: justify">Government sources said with neither the opposition nor the allies, Trinamool and DMK, objecting to 100 per cent FDI in single-brand retail approved by the cabinet, the commerce and industry ministry would work on a notification to operationalise the decision.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Our understanding is we can work on rules for single-brand retail FDI. It is work in progress. But I don&rsquo;t want to give a deadline,&rdquo; said a government official, wiser after the Trinamool experience.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While a format for discussion with states and allies is still being worked upon, agreeing on a minority FDI threshold in multi-brand retail would help in building consensus, the sources said. &ldquo;It makes a difference in politics when you say the Indian partner will hold majority stake and own the retail venture,&rdquo; said a source.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This will still seem like a rollback, but will send a positive signal to investors. &ldquo;49 per cent FDI is something the corporate sector and foreign players are not averse to. A 26 per cent cap will be meaningless, and not incentive enough for foreign retailers to invest in back-end infrastructure,&rdquo; said another source.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sources in the department of industrial policy and promotion that tabled the retail FDI proposal said direct FDI can remain capped at 49 per cent, yet foreign companies can invest more than their direct holding. For instance, a foreign retailer can invest 49 per cent stake in a multi-brand retail company. The balance 51 per cent in the retail company can be held by a joint venture owned and controlled by Indian residents, with a foreign entity holding a stake less than 50 per cent. Here the indirect FDI will not be counted while calculating the FDI cap.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.indianexpress.com/news/singlebrand-fdi-map-stays-may-be-step-by-step-now-for-multibrand/885258/" class="re" target="_blank">The Indian Express, 8 December, 2011, http://www.indianexpress.com/news/singlebrand-fdi-map-stays-may-be-step-by-step-now-for-multibrand/885258/</a><div class="clear"></div>
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The government is likely to recalibrate its retail foreign investment strategy, while simultaneously trying to bridge the political divide with allies and states.


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    <h1 class="cat-box-title">Single-brand FDI map stays, may be step by step now for multi-brand by P Vaidyanathan Iyer</h1>
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		 Published on</span><span class="text-date"> Dec 7, 2011</span>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">The government is likely to recalibrate its retail foreign investment strategy, while simultaneously trying to bridge the political divide with allies and states.</div><div style="text-align: justify">Government sources said with neither the opposition nor the allies, Trinamool and DMK, objecting to 100 per cent FDI in single-brand retail approved by the cabinet, the commerce and industry ministry would work on a notification to operationalise the decision.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&ldquo;Our understanding is we can work on rules for single-brand retail FDI. It is work in progress. But I don&rsquo;t want to give a deadline,&rdquo; said a government official, wiser after the Trinamool experience.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">While a format for discussion with states and allies is still being worked upon, agreeing on a minority FDI threshold in multi-brand retail would help in building consensus, the sources said. &ldquo;It makes a difference in politics when you say the Indian partner will hold majority stake and own the retail venture,&rdquo; said a source.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This will still seem like a rollback, but will send a positive signal to investors. &ldquo;49 per cent FDI is something the corporate sector and foreign players are not averse to. A 26 per cent cap will be meaningless, and not incentive enough for foreign retailers to invest in back-end infrastructure,&rdquo; said another source.</div><div style="text-align: justify"><br /></div><div style="text-align: justify">Sources in the department of industrial policy and promotion that tabled the retail FDI proposal said direct FDI can remain capped at 49 per cent, yet foreign companies can invest more than their direct holding. For instance, a foreign retailer can invest 49 per cent stake in a multi-brand retail company. The balance 51 per cent in the retail company can be held by a joint venture owned and controlled by Indian residents, with a foreign entity holding a stake less than 50 per cent. Here the indirect FDI will not be counted while calculating the FDI cap.</div><div style="text-align: justify"><br /></div>                                                           
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    <br><a href="http://www.indianexpress.com/news/singlebrand-fdi-map-stays-may-be-step-by-step-now-for-multibrand/885258/" class="re" target="_blank">The Indian Express, 8 December, 2011, http://www.indianexpress.com/news/singlebrand-fdi-map-stays-may-be-step-by-step-now-for-multibrand/885258/</a><div class="clear"></div>
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Single-brand FDI map stays, may be step by step now for multi-brand by P Vaidyanathan Iyer

Published on Dec 7, 2011   Modified on Dec 7, 2011

The government is likely to recalibrate its retail foreign investment strategy, while simultaneously trying to bridge the political divide with allies and states. Government sources said with neither the opposition nor the allies, Trinamool and DMK, objecting to 100 per cent FDI in single-brand retail approved by the cabinet, the commerce and industry ministry would work on a notification to operationalise the decision. “Our understanding is we can work on rules for single-brand retail FDI. It is work in progress. But I don’t want to give a deadline,” said a government official, wiser after the Trinamool experience. While a format for discussion with states and allies is still being worked upon, agreeing on a minority FDI threshold in multi-brand retail would help in building consensus, the sources said. “It makes a difference in politics when you say the Indian partner will hold majority stake and own the retail venture,” said a source. This will still seem like a rollback, but will send a positive signal to investors. “49 per cent FDI is something the corporate sector and foreign players are not averse to. A 26 per cent cap will be meaningless, and not incentive enough for foreign retailers to invest in back-end infrastructure,” said another source. Sources in the department of industrial policy and promotion that tabled the retail FDI proposal said direct FDI can remain capped at 49 per cent, yet foreign companies can invest more than their direct holding. For instance, a foreign retailer can invest 49 per cent stake in a multi-brand retail company. The balance 51 per cent in the retail company can be held by a joint venture owned and controlled by Indian residents, with a foreign entity holding a stake less than 50 per cent. Here the indirect FDI will not be counted while calculating the FDI cap.

The Indian Express, 8 December, 2011, http://www.indianexpress.com/news/singlebrand-fdi-map-stays-may-be-step-by-step-now-for-multibrand/885258/

Tagged with: FDI Retail

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