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Both the Flipkart founders, Sachin Bansal and Binny Bansal, have worked at Amazon
Move to compete directly with the likes of eBay and Snapdeal in the country
The accounting and audit fraternity clearly wants to disassociate itself from the DLF-Vadra saga
Assuming that Bharti and Walmart do ink pact for retail, will there be rejig of cash-and-carry biz?
Audit firm points out that the accounting rules do not permit companies to give interest-free loans even to their subsidiaries
Leading corporate lawyers, accounting firms have swung into action to interpret grey areas in FDI policy
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
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
Team scouting for space on outskirts of metros
Applications from Celio, Gruppo Coin and Artsana, are in works and are expected to be sent to govt in a few weeks
Interview with Walmart India President & Bharti-Walmart MD
Walmart and Bharti group are 50-50 JV partners in the cash-and-carry business in the country
The experience in developing markets suggests that foreign direct investment in retail need not be a bane