FDI in retail will benefit consumer‚ create opportunities: US Washington‚ Dec 8‚ 2012 (IANS) The US government and corporate America alike have welcomed the Indian parliament’s approval of foreign direct investment in multi-brand retail‚ saying it would spur investment in infrastructure and benefit the consumer. "We believe direct foreign investment in retail will grow markets in India as it has in China‚ Brazil‚ and many other developing economies‚" State Department spokesman Mark Toner
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in many countries in the world. Generally it is a US based company which is doing its business world-wide‚ there are no restriction for the company not to sell its product in any country. So its means free trade of goods and services. Free movement of labour and capital- In regard with APPLE INC it means‚ apple can move its labour force and inject capital in any country with no restriction. When talking about labour force it means the people who work for APPLE can travel from one country to the other
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How are business relationships valued and treated compared to the host culture? There is a saying in Mexico that translate into time is not money‚ money is for enjoying life and “Americans live to work‚ but Mexicans work to live!” This is an example of how cultural differences involve more than just language and demographic existence. The development of business relations between Mexico and United States has long been established as very important. The necessity for individuals
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TOURISM DEVELOPMENT AND COMMUNITY INVOLVEMENT Introduction Host Community participation in tourism developments in South Africa forms an integral part of the government objectives in the tourism industry which are inter alia to build a world class tourism industry and to integrate historically disadvantaged people into the mainstream of the industry. However‚ sense of community and participation forms some of the crucial factors which can affect processes of tourism development as postulated by Aref
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| FDI In Retail in India | | | Under the Guidance ofMr. Ranjan ChaudhuriSubmitted ByRajkumar (80)Shristi Gupta (94)Swati Jain (112) | | | FDI in Retail in India: An Article Abstract: As per the current regulatory regime‚ retail trading (except under single-brand product retailing — FDI up to 51 per cent‚ under the Government route) is prohibited in India. Simply put‚ for a company to be able to get foreign funding‚ products sold by it to the general public should only be of
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FDI in Insurance Introduction The insurance sector in India used to be dominated by the state-owned Life Insurance Corporation and the General Insurance Corporation and its four subsidiaries. But in 1999‚ the Insurance Regulatory and Development Authority (IRDA) Bill opened it up to private and foreign players‚ whose share in the insurance market has been rising. As a part of overall financial sector reforms‚ the Government set up the Committee for Reforms in the Insurance Sector in 1992. In its
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FOREIGN DIRECT INVESTMENT (FDI) 1. What are the forms in which business can be conducted by a foreign company in India? A foreign company planning to set up business operations in India has the following options: As an incorporated entity by incorporating a company under the Companies Act‚ 1956 through Joint Ventures; or Wholly Owned Subsidiaries. As an unincorporated entity through: - Liaison Office/Representative Office‚ or - Project Office‚ or - Branch Office Such offices
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The Host Book Review Melanie Stryder is one of few "wild" human rebels who have evaded the alien souls currently taking over the Earth. With her younger brother‚ Jamie‚ and the man she loves‚ Jared Howe‚ Mel is on the run from souls who hunt down host bodies for use. Souls are creatures that rely on host bodies to survive. After insertion‚ they erase any mental presence of the being originally there and establish a claim over the body and mind. Earth is Wanderer’s ninth planet‚ and Mel is
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Fundamentally‚ there are three main ways of how aid is given‚ they are bilateral aid (direct country to country)‚ multilateral aid (country to World bank to country) and NGO aid (aid given by Oxfam‚ Red Cross etc non government organizations). Food aid could also be split into long term and short term‚ depending on the situation and the need. Recently‚ cyclone Nargis hit Myanmar on the 2nd of May‚ a poor LEDC in Asia. Their infrastructure is poor and housing was appalling‚ resulting in deaths
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FDI Policy in India FDI as defined in Dictionary of Economics (Graham Bannock et.al) is investment in a foreign country through the acquisition of a local company or the establishment there of an operation on a new (Greenfield) site. To put in simple words‚ FDI refers to capital inflows from abroad that is invested in or to enhance the production capacity of the economy.[3] Foreign Investment in India is governed by the FDI policy announced by the Government of India and the provision of the
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