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Showing posts from December 18, 2011

FDI- AN Overview

What is FDI - ( Foreign Direct Investment) What is FDI in retail    A company to get foreign funding the  products that it sells to the Public should only be of a ‘single-brand’. so that is Single Brand -   It means that Foreign companies would be allowed to sell goods that are sold internationally under a single brand. Multi Brand - It means that Foreign companies can sell any branded products in agreement with the Producrs.  For example : Single Brand :  If Nokia gets permission, Its retail outlets can only sell products under its brand name Nokia and cannot sell any otherbrand. Multi Brand : Wall Mart When did Govt Introduce FDI in India :  the government in a series of moves had opened up the retail sector slowly to Foreign Direct Investment (FDI) In 1997. In 2006 51% of FDI in single brand retail was permitted and it was upgraded to 100%  since Jan 2012 . But FDI in MultiBrand is under considera...

Lokpal - Who needs Lokpal?

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Reality check on the BJP ,Congress, Corporates & Media -  Congress defiant to bring in Strong LP as it undermines its supremacy if their version is not accepted, also it might haunt them forever for the various huge Scams that they have consistently involved in and there is little or no surprise that they are bent upon not not to let CBI off their Gloves. We had seen series of Corruption flicks Starting from CWG, 2G, 3G, NHRM, Coal gate and many more to come Reason for Congress does not Want Strong Lokpal Rahul, Robert, Kalmadi, Shiela Dixit all have imminent Danger   BJP  don't want congress to bring stronger LP as Cong  would take the credit . BJP is as ineffective as Congress in standing firm on its ground.  Events like Rath Yathra by Mr Advani on Black Money was only to take away inner feud else he would have debated on this issue in Lok Sabha where the BJP was beaten Black and Blue by Manish Tewari (most believe an inco...