India

Asia's No. 2 Cigarette Maker Drops After Closing India Factories

ITC Ltd., Asia’s second-largest cigarette maker by market value, slid the most in about three weeks after shutting cigarette factories in protest aga...

Nestlé Recalls US Lean Cuisine Meals, Disputes Maggi Claim

Nestlé SA recalled 12 types of products in the US because they may contain small pieces of glass, while Indian media reports said its Maggi noodles...

Wal-Mart To Benefit From Indian Foreign Direct Investment Ruling

Wal-Mart is to benefit from a new ruling by the Indian government that makes foreign direct investment 100 per cent legal. This means that the retailer wil...

Giving Shoppers Less Means Big Bucks For Indian Retailer DMart

India seems to be the place retailers go to lose money. Wal-Mart Stores Inc. came in with dreams of a supermarket empire, but has had to settle for a...

Metro Recruits Walmart US Executive For Indian Division

Former Walmart executive Arvind Mediratta has been made Metro Cash & Carry India’s new managing director, Business-Standard.com reports. H...

Walmart To Increase Indian Presence To 50 Supermarkets By 2020

Walmart will invest between $240 and $300 million (€215 million and €269 million) in India between now and 2020, taking its store count from 21 t...

Indian Sugar Staying At Home As Local Prices Rally On Crop

A surge in Indian sugar prices means the world’s second-largest supplier will sell more on the domestic market and less abroad. India will export...

Amazon To Launch Grocery Delivery Service In India

Amazon has announced that it will imminently launch a grocery arm in India under its banner KiranaNow, which will deliver food and other supermarket goods...