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Government plans to liberalise FDI norms for single-brand retail to attract big bucks -Deepshikha Sikarwar

-The Economic Times The government plans to significantly liberalise foreign direct investment (FDI) norms for single-brand retail to attract big bucks into the sector. The finance ministry has asked the Department of Industrial Policy and Promotion (DIPP) to amend the policy to allow single-brand retailers to bring different brands belonging to the same product line under one company. It has also asked DIPP - the government department that frames foreign investment rules...

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Organic food fails to move cash registers for retailers-Writankar Mukherjee

-The Economic Times Brands may be spending million to promote an eco-friendly-image, but when it comes to actual sales, organic and 'planet-friendly' products have failed to move cash registers for retailers, whether it's fresh produce, groceries or even clothing. Top food retailers like Future Group, Reliance Retail and Spencer's Retail say sales from organic vegetables, fruit and food products account for less than 2 per cent of total food sales, even three...

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Horrific Bangladesh factory fire revealed a gap in safety for global brands-Jim Yardley

-The New York Times ASHULIA, BANGLADESH: The fire alarm shattered the monotony of the Tazreen Fashions factory. Hundreds of seamstresses looked up from their machines, startled. On the third floor, Shima Akhter Pakhi had been stitching hoods onto fleece jackets. Now she ran to a staircase. But two managers were blocking the way. Ignore the alarm, they ordered. It was just a test. Back to work. A few women laughed nervously. Ms....

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US retail giant Walmart to source locally in India-Dipti Jain

-The Times of India GURGAON: US retail giant Walmart is planning a series of partnerships with small and mid-level suppliers in India across product categories to create a big list of private label brands that will be priced substantially lower - as much as 10-15% - than established products and brands. The move is part of the company's strategy to go deeper into the Indian market and create cost-effective and efficient...

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The subtle discrimination in civil society by Harish S Wankhede

There’s a bogey of news to show the complementary association of Anna Hazare and Baba Ramdev on the issue of corruption and black money. It seems as if both of them are fighting the same battle against the Congress-led regime and supplementing each other in their respective struggles. Both of them have emerged as the most visible faces of the contemporary civil society, pressurising the government to take crucial steps...

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