Cabinet likely to clear FDI in multi-brand retail today

Last updated: 24 November 2011

The cabinet is likely to approve 51% Foreign Direct Investment (FDI) in multi-brand retail on Thursday, a decision that will allow global mega chains like Walmart, Tesco and Carrefour to open outlets in India. Also on the cabinet agenda is the proposal to increase the FDI ceiling to 100% from t

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