India opens market to international retailers
Wednesday, Jan 11, 2012 Filed Under :Planet Talk Card News
Cheap calls to India look likely to follow a retail reform which allows international traders to open wholly foreign-owned "single brand stores". This opens the door to companies such as Adidas and home furnishings giant Ikea, who have both expressed interest in moving to the country. Adidas and other major brands currently own shops in the retail centres of urban areas in India, however under existing rules are obliged to operate with a local partner, a clause which could be acting as a deterrent for foreign businesses. Rajiv Kumar, secretary general of business lobby group FICCI, claims: "The move will not only mean more foreign direct investment but lead to employment and also lead to more choices for consumers." The new proposal comes with the condition that foreign companies who own more than 51 per cent of their shops in India should source a minimum of 30 per cent of products from local small-scale suppliers, in a bid to create a more sustainable economy and to boost jobs.
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Philippines lift no-fly, no-sail ban after rocket launch fails
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Friday, Apr 13, 2012 Filed Under :Planet Talk Card News
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Sudan prepares army as oilfield dispute worsens
Sudan revved up its army after South Sudanse armed forces invaded the oilfield near Heglig
Friday, Apr 13, 2012 Filed Under :Planet Talk Card News
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SA hijack victim owes survival to Twitter
A victim of hijacking was rescued after an alert went viral on Twitter
Thursday, Apr 12, 2012 Filed Under :Planet Talk Card News
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Lobbyists call for gender-equality in Nigerian ICT opportunities
A lobby group has called for more women in Nigeria to be empowered in ICT
Thursday, Apr 12, 2012 Filed Under :Planet Talk Card News
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Cancer-stricken Singh hopes to return to cricket soon
Yuvraj Singh has said he hopes to get back on the cricket field in a couple of months’ time
Wednesday, Apr 11, 2012 Filed Under :Planet Talk Card News
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Bangladesh relief as tsunami warning cancelled
A tsunami warning for Bangladesh and other surrounding nations has been cancelled
Wednesday, Apr 11, 2012 Filed Under :Planet Talk Card News
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Poles gearing up for traditional Easter celebrations
A majority of Poles intend to celebrate Easter through traditional customs
Wednesday, Apr 04, 2012 Filed Under :Planet Talk Card News
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