Foreign Supermarkets

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  Neena Gupta Discovers Tindli In Australian Supermarket, Shares Excitement

  In one of her latest updates from Australia, Neena Gupta shared that she found tendli (ivy gourd) in the foreign country.

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  Government Considering FDI Relaxation In Multi-Brand Retail Policy

  Sources said the government is considering permitting foreign supermarket players to open retail stores but only for sale of 'Made in India' products.

• No Decision on FDI in Multi-Brand Retail: Nirmala Sitharaman

  The new government has not decided its stance on a policy in place to allow foreign direct investment in supermarkets, trade minister Nirmala Sitharaman told lawmakers in a written reply in Parliament on Friday.

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  Amazon steps up US lobbying for Indian FDI, Walmart on halt: report

  After supermarket giant Walmart, it is online retail major Amazon which appears to be lobbying hard with the US lawmakers to seek their support for facilitating its "foreign direct investment in India".

• BJP says will ban foreign supermarkets if elected

  If elected, the BJP in its manifesto said it would welcome foreign direct investment in all sectors that create local jobs, except for supermarkets.

• After Walmart, Amazon lobbies in US for Indian FDI

  After supermarket giant Walmart, it is online retail major Amazon which has begun lobbying with the US lawmakers to seek their support for facilitating its "foreign direct investment in India".

• Rajasthan bars entry of foreign supermarkets

  Last month, the newly-elected Aam Aadmi (Common Man) Party government in the capital, New Delhi barred foreign supermarkets, opposing the efforts of Prime Minister Dr. Manmohan Singh to attract overseas investment and revive the economy.

• Retail stocks fall after AAP bans foreign supermarkets from Delhi

  According to an assessment by industry body PHD Chamber of Commerce, the overall retail sector in the Delhi-NCR region has the potential to attract FDI worth $50 billion over 5-6 years.

• Arvind Kejriwal's FDI move blows a hole in Manmohan Singh's efforts

  The newly elected state government in New Delhi on Monday barred foreign supermarkets from setting up shop, a blow to Prime Minister Manmohan Singh's efforts to attract overseas investment and revive the economy.

• AAP shelves foreign supermarket entry into Delhi

  The newly elected state government in New Delhi on Monday barred foreign supermarkets from setting up shop, a blow to Prime Minister Dr Manmohan Singh's efforts to attract overseas investment and revive the economy.

• Trent shares gain after panel approves Tesco deal

  Shares in supermarket chain Trent rose 3.9 per cent a day after the foreign investment regulator approved a $110 million investment plan by Britain's Tesco.

• Britain's Tesco applies to open supermarkets in India

  Britain's Tesco said Tuesday it has applied to open supermarkets in India, one of the first global retailers to try to enter the tough market since Delhi removed foreign investment barriers last year."Today, we're making an application to develop a multi-brand...

• Tesco files application for setting up retail outlets in India

  Britain's Tesco Plc is set to become the first foreign supermarket to venture into India's $500-billion retail sector after announcing on Tuesday it had applied to buy a 50 per cent stake in Tata Group's Trent Hypermarket Ltd.

• Wal-Mart investment probe moves to RBI: report

  India allowed foreign companies to set up majority-owned supermarkets in the country in September 2012, but no company has so far applied to enter due to lack of clarity around the entry rules.

• Enforcement Directorate finds no violation of FDI guidelines by Wal-Mart: report

  The Enforcement Directorate, which probed the alleged contravention of foreign exchange laws by Wal-Mart in its investments in domestic supermarket chain Bharti Enterprises, has found no violation of foreign direct investment (FDI) guidelines by the US multinational retail giant, according to PTI sources.