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Fury erupts as India opens door to Wal-Mart, other big foreign firms

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wall mart is already there in amrtisar since 2008. its called best price but sells only in wholesale. we buyed all of our stuff on my cousin brothers marraige from there as it was cheap and better quality.
 
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even the online giants are also entering India. amazon(dot co dot in) India store is rumoured to be starting from Januray 2012.

meantime, Centre has said, union states have the power to allow these chains or not in respective states?
 
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this is one topic that I wanted to talk about..made a little fortune in the share market due to this deal even during this time when the sensex touched a low of 15 K...will be back soon :)
 
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What's wrong with Wal Mart? :what:
FDI in retail is touchy subject in India, bit like blasphemy law.
I am all for it as it will help the consumers, and bring competition.
And only congress govt can do it, BJP wont.
 
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okay.. m back..

In my opinion FDI is a good thing,fuels up the market,SEBI has rules in place to control the influx.We need something like this in these turbulent times
 
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maybe they can push for other more important reforms too
like labour reforms and ofcourse judicial reforms
 
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always same thing makes people bore ... bring something new man...

walmart is a private company, not owned by US govt.,& don`t behave like you burnt your hand & now saving us..

I can smell something burning inside of you...LOLz...

I think this will make market more competitive, & more above it`s beneficial for Farmers, Damn I am son of a farmer....lol

Well, Walmart is present in China also. Can you say US & China are romancing ? If anybody knows about romancing the US, it is Pakistan.

On topic, a welcome move. We need more FDI in order to maintain growth momemtum. The protests will die down soon.

Sure, you can try to justify this in any way you want. you are free to do that.
I am no friend of India, so I am least bothered.

You can wait till the day comes when files in your ministry will first go to the US embassy and then to public.
I am well aware of the Hindu Baniya and Baniya's capabilities,
I am also very aware of white man's abilities and the weakness of our bureaucratic system.
 
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Some feather must be ruffled. from point of customer it's great development. And we Indian's facing world market competition since 1991 and still surviving. Not only surviving but taking over companies in UK , Africa, & Europe.Bring it on.:cheers:
 
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