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Battle ahead for government in allowing foreign retailers
New Delhi : Foreign investment in multi-brand retail may snowball into another tussle between the Indian government and the opposition in the next few weeks, leaving for Prime Minister Manmohan Singh a nifty balancing act to reconcile the vast differences between the supporters and opponents of the move. A perusal of the feedback the department of industrial policy and promotion (DIPP) has got to its proposal to open up multi-brand retail trade shows a sharp division among the various stakeholders. While the domestic and foreign retailers and industry lobbies favour opening up the segment as...Full Story

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