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Policy uncertainties and a weak economy are holding back investments in multi-brand retail
Advances to firms for deals that never go through are the best way to convert this into legal cash
Interview with President, Starbucks Coffee China and Asia-Pacific
Having banking cards replaced is the worst nightmare
Will convey to govt its needs, worries
Though international biggies are already in India, they are yet to formalise plans for front-end multi-brand retail
Agenda for FIPB meeting on Jan 18 doesn't mention its application
Three foreign single-brand majors apply in the past one month
At the Dec 31 meeting of FIPB, the IKEA proposal was deferred till the next meeting, now scheduled for Jan 18
this is despite FIPB over-ruling the issue of treaty shopping raised by the Dept of Revenue
When IKEA's CEO & India's industry minister sealed a deal in-principle last year, foreign investors took note
Others like IBM, Coke and Pepsi also lobby for foreign markets
Much of phase-2 of India's e-commerce boom will be automatic
Fight is really for signature caf¿, restaurant and Swedish meat ball that IKEA is known for
Interview with Minister of Housing and Urban Poverty Alleviation