CASourav Agarwal (CA & CS ) (235 Points)
15 September 2012
DUMB SILENCE FINALLY BROKEN
51% FDI IN RETAIL
49% FDI IN POWER TRADING
49% FDI IN AVIATION
74% FDI IN MEDIA EXCEPT NEWS CHANNELS & FM WHERE FDI IS CAPPED AT 26%.
RETAIL CHAINS WITH 51% FDI NOT 2 COME UP IN SMALL CITIES
STATES CAN DECIDE WHETHER THEY WANT 2 ALLOW SUCH STORES OR NOT.
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 15 September 2012
FDI in retails will bring Walmart in India (against Ril, Big bazaar, will compete Ril and throw them away). I am sure all of us have gone to US walmart and we know they are toooo good and polished in their operations..
Regards,
RAJESH CHOUDHARY
CAclubindia
