-PTI Amid growing political opposition in India for easing of foreign investment norms in retail and other sectors, US-based companies like Wal-Mart and Prudential Financial are lobbying hard with their own lawmakers here to garner support for their Indian business expansion plans. As per their latest lobbying disclosure reports filed with the House of Representatives and the Senate, the US-based companies and industry groups spent millions of dollars since the beginning of...
More »SEARCH RESULT
Total Matching Records found : 116
Back off, angry govt tells Obama
-The Times of India A day after US President Barack Obama's call for lifting of foreign investment curbs by India, the government on Monday shot back asking Washington not to meddle with the country's internal affairs and suggested that the world's largest economy should lead the fight against protectionism. The statement came amid protests from the Opposition, which asked the government not succumb to US pressure. "He (Obama) has every right to...
More »FDI in multibrand retail will not further reform agenda-Manoj Pant
-The Economic Times The crisis of the euro, a current account deficit of over 4%, double-digit inflation, corruption in governance and a failing political system. It would not be unfair to say that these factors have combined in varying degrees at different times to lead to the conclusion that the globally-acclaimed India growth story seems to be heading for an unhappy ending. Many have labelled this - unfairly, I think - as...
More »PIL against Bharti Walmart, Delhi high court seeks response
-The Times of India The Delhi high court on Wednesday sought replies from the Centre, Bharti Walmart Private Limited and Bharti Retail Limited on a plea for a probe against the firms for allegedly carrying out retail trading in multi-brand sector in violation of India's FDI policy. A bench of acting Chief Justice AK Sikri and Justice Anil Kumar issued notices to the Centre and the firms on a PIL filed by...
More »A new beginning
-The Indian Express Push on FDI in multibrand retail could be the trigger for UPA 2’s image makeover For a government with its back to the wall and pretty much nowhere to go, it’s time to simply get on with it. Now that the Parliament’s budget session is over, the presidential candidate has been announced and the next round of state elections is still some way off, the government is beginning to...
More »
