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The Union Cabinet had in September partially opened up the multi-brand retail sector, allowing up to 51 per cent FDI
Lower minimum area of land required for multi-product SEZs to 250 hectares from 1,000
Since 2004, licences have been given to develop as much land in the area as in the entire state during the earlier 25-odd yrs
Amrita Shergil Property Case
Move to compete directly with the likes of eBay and Snapdeal in the country
Both the Flipkart founders, Sachin Bansal and Binny Bansal, have worked at Amazon
Leading corporate lawyers, accounting firms have swung into action to interpret grey areas in FDI policy
Audit firm points out that the accounting rules do not permit companies to give interest-free loans even to their subsidiaries
Assuming that Bharti and Walmart do ink pact for retail, will there be rejig of cash-and-carry biz?
The accounting and audit fraternity clearly wants to disassociate itself from the DLF-Vadra saga
Cites long delays in reimbursement Medanta, Max may follow suit
Signs franchisee agreement with group company Ingka Holding Overseas
Juvencio Maeztu will be the country manager, IKEA Retail India
While a 30-acre plot has changed hands over the years, much ambiguity on who allowed the use conversion at the relevant stage
The rapid pace at which the government has tweaked the single brand retail policy to enable IKEA¿s entry brings hope to multi-brand retail FDI investors
Consultants expect the sector to grow by 20-25% in the calendar year 2013
Last thing DLF needs is a scandal that has begun to impact its stock price