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Amazon India has applied to the government to invest US$500 million in a wholly owned venture that will allow the US eCommerce giant to stock locally produced food items and sell them online. If successful, it would become the first foreign retailer to enter…
UK company Dyson, known for its innovative vacuum cleaners and air purifiers, plans to open its own retail stores in India by the middle of next year. It has already sought permission from the Department of Industrial Policy and Promotion (DIPP) to import and…
A government panel has recommended the removal of a trading obstacle that would free Apple India to open single-brand retail stores across the country, one of its few growth markets. A three-member panel has recommended the waiving of the mandatory 30 per…
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