-The Economic Times With the coming of 'organised' multi-brand retail - whether through FDI or indigenous - can the kirana store owner create an effective response so that he competes successfully to retain his share of the consumer's growing shopping basket? And second, will he want to make the change? To answer the first question, let's recap what we know are the kirana's strengths. Successful kirana stores have great neighbourhood locations and...
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Retail firms with FDI can’t sell online
-The Indian Express DIPP officials cite regulatory issues, problems in checking inter-state transactions in e-commerce activities The new rules that allow foreign retail chains to pick up to 51% stake in Indian supermarkets will not apply to e-commerce companies in the business-to-consumer (B2C) space. This means while the US-based retail firm Walmart can pick up a 51% stake in Bharti Retail, the JV firm cannot sell its products online through that entity....
More »Retail FDI takes effect -Jayanta Roy Chowdhury
-The Telegraph Wal-Mart Stores Inc — the $446 billion retail behemoth — will be able to open stores in 22 cities across the country after the government notified a press note tonight permitting foreign direct investment up to 51 per cent in multi-brand retailing operations. The press note — which contained clauses that were not spelt out in the controversial press release issued last Friday after the cabinet formally cleared the proposal...
More »Retail FDI-for people or MNCs? -Shekhar Swamy
-The Hindu Business Line A system that generates wealth and jobs for millions will be replaced by retail giants with the pricing power to squeeze farmers and consumers. The UPA Government announced its policy last week, of inviting big multinational Retailers to come and take over the Indian market. Predictably, the pro-lobby that has worked behind the scenes has expressed delight. Oddly, the words and concerns of the masses who are about to...
More »Left, right & Centre mum on UP riots -Subodh Ghildiyal
-The Times of India The political silence over yet another religious clash in Uttar Pradesh showcased the importance of Mulayam Singh Yadav in the current flux, with neither the right nor the Left wanting to annoy him. The killing of six Muslims in police firing following arson over desecration of the Quran wrecked the peace in industrial Ghaziabad. While the clash involved police and a violent mob, it was the sixth communal...
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