TRADE / Doors shut on Wal-Mart, Carrefour, Tesco distribution plans
India says firm no for FDI in retail services India has categorically rejected any market-opening in retail services for foreign giants like Wal-Mart, Carrefour, or Tesco at the World Trade Organisation's Doha Services negotiations, maintaining that retail services is a sensitive area, trade diplomats said.
FIPB flags off Maruti and Citigroup plans The Foreign Investment Promotion Board (FIPB), on Thursday, cleared proposals by car maker Maruti to form a joint venture for setting up an exhaust parts manufacturing facility in Haryana and by Citigroup Global Services to form a subsidiary to make investment in SEZ units.
IPR / Battle over Tiger biscuit brand begins
Britannia sues Danone in S'pore The fight between Britannia Industries and Danone over intellectual property rights of Tiger brand of biscuits has finally reached court with the Indian firm initiating legal action against the French food giant in Singapore.
Nasdaq, Borse Dubai ink deal to buy Nordic's bourse OMX Nasdaq and Borse Dubai, on Thursday, joined forces to buy Nordic markets operator OMX and create "a global financial marketplace" which will see Borse Dubai taking key stakes in London Stock Exchange and Nasdaq.
It's big blow for IT stocks The rupee appreciating to its nine-year high on Thursday hit the blue chip IT counters the hardest in the stock markets, with Wipro, TCS and Infosys suffering huge losses.
The State government has proposed a ban on the use of cellphones by schoolchildren saying that it would affect their mental and physical growth. Is the government move justified? We invite our readers to express their opinion in 100 words. Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001 or e-mail: editordh@deccanherald.co.in latest by 2 pm on Saturday. A selection of responses will be published in Sunday’s edition.
