IKEA, today said the 30 per cent local sourcing clause applied for 100 per cent FDI in single brand retail might be difficult to live up to.

Columbia University has claimed that FDI in retail will help contain inflation and transform the way perishable items in agricultural sector is acquired.

Tata Global Beverages, said it would form an equal joint venture with Starbucks to run cafes and develop business in India.

Ratings firm Fitch said relaxing the foreign investment norms in the retail sector will improve operational efficiency of retailers besides improving their credit profile.

Reliance Retail is buying real estate in 20 towns and cities to build big-box hypermarkets as the conglomerate turns the spotlight back on retail.

Tesco plans to build on its existing tie-up with Tata Group to expand in the country if foreign operators are allowed to invest in the sector.

Bharti Walmart Private Limited, JV between Bharti & Walmart organised a 'fresh supplier development workshop'in Pune

Walmart said its investments in India will grow manifold if foreign direct investment regulations on multi-brand retail are relaxed in the country.

The Rs 5,900 crore Shree Ganesh Jewellery has tied up with Bharti Retail's 'Easy Day' to market its Gaja Lites range of jewelleries.

Govt announced that a committee of secretaries comprising senior bureaucrats had backed throwing open India's retail sector fully to foreign investors.

Pantaloon Retail, part of the Future Group, said global and asian retailers are interested in various retail formats in India and interest is not just in food retail.

Ferns 'N' Petals said its promoters are looking to dilute about 25 per cent stake to private equity players to raise up to Rs 50 crore in next financial year.

An MBA from Harvard Business School, Gurinder Singh Bhalla, MD of the Rs 5.5 crore Horizons Group, chose to extend his healthcare venture to retail with Cocoberry, a chain of frozen yogurt outlets that also retails other healthy versions of foods like coffee, green tea, iced tea, sandwiches et al.