India Inc on Monday appeared to be divided on allowing FDI in multi-brand retail, an issue which has rocked Parliament and drawn stiff opposition from UPA ally Trinamul Congress.

While FICCI extende

Both houses of parliament were adjourned for the day on Monday as a united opposition and some key allies of the ruling United Progressive Alliance (UPA) cornered the government on its decision to all

Seven years ago, when India's Future Group retail giant sent shipments from Mumbai on the country's west coast to Kolkata in the north-east, the products took 10 nervous days to arrive.

"You sent the

Flaying the Centre's decision to allow FDI in retail, Tamil Nadu Chief Minister Jayalalithaa on Sunday alleged it was taken under pressure from a few retail giants and asserted her government would no

Guidelines for the new policy of allowing 51 percent foreign direct investment (FDI) in multi-brand retail outlets will be out within a week, and it will be for states to decide on allowing such retai

The world's largest retailer Walmart has termed India's decision to allow 51 per cent FDI in multi-brand retail as a ‘first important step’ and said it will study the finer details of the new policy t

Indian equities came under heavy selling pressure and volatility on Friday, resulting in a key index fluctuating in a broad range of over 200 points, even as retail stocks soared on the back of a government decision on foreign equity the evening before.

Following are the main issues raised by those in favour of foreign equity in multi-brand retailing and those opposed to it:

Those against:

- It will lead to closure of tens of thousands of mom-and-p

Even as Indian equities came under heavy selling pressure and volatility on Friday, resulting in a key index closing 163 points lower, retail stocks soared on the back of a government decision on fore

BJP leader Uma Bharti today threatened to set on fire Walmart store wherever it opens in the country to register her party's protest against allowing Foreign Direct Investment (FDI) in retail.

"By g