Retail Sector Analysis

8/3/2019 Retail Sector Analysis

http://slidepdf.com/reader/full/retail-sector-analysis 1/22

Retail Sector Analysis

Govt to notify rules for 100% FDI in single-brand retail today NEW DELHI: The central government is all set to announce 100 percent Foreign DirectInvestment (FDI) in single-brand retail trading. The announcement will be made later today.

Sources said that the government was to announce the guidelines for single-brand retail tradinglater on Tuesday. The norms were ready for permitting 100% FDI in the segment.

At present the government permits 51% FDI in the sector. The move is expected to boost the prospects of global players such as Ikea to set up a wholly-owned venture in India to operate a

chain of storeFDI in industries like the automobile, more jobs are created, and the automobiles are sold inIndia and exported, and the export will create more jobs in India. More jobs create wealth in thenation. But, opening doors for retail stores to market their cheap products made in foreigncountries like China will do just the opposite. It will create some low paying jobs, but billions of dollars will be leaving from India. Allowing some small stores won't hurt, but mega stores likeWal Mart will create serious economic set backs for India. Even the richest country, U.S.A. istotally confused with the influx of foreign goods, and 75% of the consumer goods are fromChina.I don't understand why govt and people lying about sourcing from local market. As per WTOrule indina govt can't put these conditions. People forget how govt annouce this 30% sourcing

from local market then realize that WTO rule is opposite and govt backed out. my only request isdon't hide the facts from people. FDI or Not FDI we should have all the facts before us. Seemssome of the poster blindly saying that 30% local sourcing. FYI. South African gove tried to putthe same conditions for Wlamart entry and walmart went to WTO and won the verdict. Startedimporting from China. People who says that it will benefits consumer don't knwo the history.Same thing started is US and people gace same arguments. Slowly Walmart gobbled all the jobsand now they are crying. Indian people don't know few things. In US local community decide thefate of Walmart , whether they can open a shop or not. In india people are not aware of thesedevelopment. Do you know as per US study Walmart kills 2 jobs to create 1. Think in Indian

prospects it may kill 4 to 5 jobs. Some people says that middleman,adulteration., tax stealing. If govt is not stopping all these things , what is the guarantee Walmart won't steal the taxes. We

already seen foreign bank , they are flouting all the norms. We need strong institution first. Whywe have sales dept and many other dept . they are not doing thei job and govt is not punishingthem. Govt wants walmart to do its job. strange...Always it has been the cunning method of greesing a legislation initially ie, from a nominal 10%to later adding one zero and it becomes 100% in the end and that too through back doors. It isevident that the deal has already taken place giving ground for ordinary man to think that itcertainly for back door gains. The people must see to it that they do not force against the wishesof the people. One is totally unable to under-stand their anti-people attitude?!! People badly



wanted a Janlokpal bill it was deliberately not given despite being demanded by the entireopposition fully backed by the sense of the people of India!!! On the other hand despite theopposition from the people backed by the entire opposition parties in the parliament is beingtried to be pushed through. It is also clear that they have become puppets in the hands of someexternal elements. The opposition parties in the house must ensure that full transperency must be

ensured and a detailed study of the hither to FDI must be made before any step is taken in thisregard. ei, what is their seed capital/turn over/ annual flow out of money by these companies andtotal money mopped out of the country. Any thing if done they are answerable to the people of India, including a fair trial. If the Govt persists with their negative attitude I hope the Supremecourts will take cognizance of the same. They have no right to execute their perversion.WALMART HAVE ALREADY COLLAPSED US MARKET. 15 YRS BEFORE USECONOMY WAS VERY SOUND WITH THEIR PRODUCTS, BUT AFTER WALMARTEXPANSION AND SO CALLED ORGANISED SOURCING THEY HAVE DUMPEDWHOLE CHINA PRODUCTS INTO US AND TODAY WE KNOW THEIR STATUS ANDTHEIR ECONOMY WAS WIDELY DAMAGED BY CHINA PRODUCTS, THERE IS NOMORE MANUFACTURER IN US CAN SURVIVE JUST BECOS OF WALMART.

CONGRESS IS TALKING ABOUT GOOD PRICE TO FARMERS. DO U KNOW THATINDIA'S MILK PRICE IS CHEAPEAST IN THE WORLD AND WE OFFER BEST PRICE TOTHE FARMERS(LEAST MARGINS). FARMERS IN US ARE CRYING AND THEIR MARGINS HAVE BEEN ALMOST HALF REDUCED COMPARE TO PREVIOUSDECADE(STATISTICS DATA IS AVAILABLE). WE HAVE A PROVERB IN US. IF USUPPLY TO WALMART U R MAKING MISTAKE. IF U DO NOT SUPPLY TOWALMART U R MAKING DOUBLE MISTAKE. BECOS U CANNOT SURVIVE AND U R TOTALLY DEPENDING ON THEM. THEY BECOME CONTROLLER OF MARKET, DO UTHINK WALMART IS GOING TO SHARE THEIR PROFIT TO OUR INDIAN FARMERSWHEN THEY CANNOT DO THAT TO US FARMERS, THEY ARE THE BIGCROCODILES AND THE WHOLE WORLD KNOWS THEIR ATTITUDE, ESPECIALLY, IFU R A SUPPLIER TO WALMART. IT IS REALLY DISSAPOINTING WHY THISCONGRESS DOES NOT UNDERSTAND. WHAT YOU NEED TO DO? THE MILK DISTRIBUTION CONCEPT HAVE TO BE ADOPTED IN ALL THE ESSENTIALPRODUCTS. THE PRICE OF RICE,SUGAR AND OTHER PRODUCTS ARE ALREADY INPROPER CHANNEL, AS U KNOW THAT U CAN GET BETTER PRICE IN KIRANA SHOPTHAN RELIANCE OR MORE OR SPENCER ETC. ONLY THE VEGETABLES REQUIRESATTENTION, WHERE, INVESTMENT IN COLD STORAGES TO BE IMPROVED ANDOFFER CONCESSION/SUBSIDY LIKE AGRICULTURE. THIS WILL SOLVE THEPROBLEM RATHER THAN OFFERING OUR MARKET TO WALMART. PITY INDIA. WE

NEED CLEAR THINKING INDIANS TO PREVENT THIS MASSACRE.Very rightly said ..India will have to beg for food to the western nations if this isimplemented..Take my words..These foreign companies are coming here because all the greenagricultural land is converted into pastures for meat animals ,..and now since more and more

people are turning vegetarians in the west or more n more people eating more vegetarian diet,thedemand for food grains and fruits is increasing day by day ..and since they dont have tht capacityfor production food ,they are turning away to India ..Now we have godowns full of food grains,,..and if properly managed we are self sufficient in food production and can manage the entire

population ..Just see the food prices in western nations ..all these private companies ..since theystarted coming ,the prices of food have shooted up ..and in India thankfully we have kept them to



manageable levels ..but just as these monsters come to India ..they will initially provide goodquality at low rates ..,so that everyone is happy ..but slowly they will keep on increasing prices..but their main intention is more cruel ..they would export tons n tons of cheap food grains fromIndia to their countries ..and we will have scarcity of food..Wit the huge money ,they have ,,theywill buy all the farms owned by poor farmers after luring them with money ..and then divert all

the food grains to their countries ..2 waqt ki roti key liye bhi hum in companies key mohtaj ho jayegey ..Say No to FDI and revolt till the end ..Yeh Manmohan Singh ko Dora padh gaya haingalat decisions leneka ..or is this a conspiracy after Sonia's US visit.Save India ..Save our children's future..The advancement of science aided by computer, mobile, iPods etc. has enhanced the spirit of every branch of our life and living and as a result modern civilization succumb to tremendous

pressure. The economist naturally of different opinion to look at things like FDI investment100% that was previously 51%.. There may be controversy as we find in every issue. Let thegame be played; the result will definitely bring forth better fruits and flowers in our garden After all we are to go forward; never look back. Better way of living needs to take risk and thereafter manifestation of perfection among global competitors are inevitable with better results. Thanks

are due to our Prime Minister who is always in favour of reform to overcome frustration.Every major step like this one has its own pros and cons. In near future we will have some conslike all small traders & merchants will go out of business and ultimately consumer will benefit.In long term, SCM will bemore efficient and better infrastructure will be made to streamline theflow of these goods. However, it has been seen and recorded in the history that wherever Walmart, ikea, Target etc has establisted their footsteps they have not only eaten up the localtrader & merchants but also squeeze down the manufacturers where they almost go out of the

business. I mean these MNC's dictate their own prices which a small or micro industry cannotsupport. Ultimatelty these companies will make local manufacturing go out of the business aswell and then switch their sourcing lines to CHina ......WHICH WE ALL KNOW WHAT ITMEANS........"BACK TO SLAVERY"......JAI HIND FROM: BTECH & MBA GRADUATEAND IT PROFF WORKING IN USA

100% FDI investment in any sector, either single brand retail trade or multi brand trade or manufacturing industries does not sound good, Indian market is gold mine, carrying away thegold by way of profits should have some restrictions ie Indian participation.Allowing FDI in any sector will enhance competetive edge and will help to boost the economy.Also, FDI means foreign investment and moment there is a commitment from foreign companiesindirectly it will add to the security benefit for India from the possible threats from china andPakistan.Let me make one thing clear, the foreigners they will invest but take away the money with hugemorgin of profit. Say one million of money invested will benefit them them a billion of incomefor them. Why we cannot make Business men with our blood why we should we bring foreignersfor this. During therir investment they occupy indian land like east indian company andultimately that land will become their property, and they pollute as they like no rules will beimplied. Importantly, Tesco, Walmart have no trade union, the workers are treated like slavesand pay is very little. Congress is already a Merchant of death to farmers and now it will becomemerchant of death to Indian traders. Those traders later will dictate terms to Indian Politics for sure like our Ambanis and TATAs.



So Indian companies should be able to do business anywhere in the world but foreign companiesshould not be allowed here? Why do we think that Indians won't be able to compete? The samething was said when big bazaar and reliance retail opened. Both the mega malls and small shopsexist today and the consumer has bbenefittedDude....they are domestic companies which source most of their products from local or Indian

manufacturers. These MNC's have a choice and policy of dictating their prices and sourcingagents. They will kill all local businesses first and then jack up the prices to take out every single penny from the consumers......We are heading to the same old time where East India companywas doing business. However, I STRONGLY support any home grown retail chains likeReliance, Biz Bazaar etc..Ask Azim Premji---he is the best person to answer your queries. In one interview he told thatAmerican adopts restrictive trade practices and they want others to open their doors-- that'ssummarize all.My friend you should check as to what are the methods being adopted by small shops. I can giveyou an example. A small medicine shop in Powai Mumbai offers memberships with loyaltydiscounts in order to counter Reliance. Obviously the consumer benefits. Secondly if the

domestic suppliers match the rate why would Walmart source from China? Even home grown players buy from wherever it is best value for money for example Reliance has placed its ordersfor power equipment with manufacturers abroad rather than BHEL. Nobody does business for charity be it the Kirana shop owner or Reliance or Walmart. The first two are fine with us but notthe third!!!!He still does business in US like other Indian software companies isn't it?we want market accesswithout reciprocity is that practical to expect?It is better to have Direct Finance Investment and we must have all ministers from foreign as our leaders are corrupt. So we have good in FDI and good leaders from foreign countries. All theindustry in India are sick due to your good rules, things are exported which are worst as drugs

procured from China are inferior and again you want to give whole market in foreign hands thenwhat far of two houses and why we parasites who loot public revenueThis anti-national government will not allow to live small traders. The products of Ikea is not of very good quality but are cheaper, which will certainly hit small traders.The trading class , especially those dealing with bullion have exploited us for a long time. It istime to keep them at right place.FDI is one such weapon.My friend people always consider whether the product offers value for money. Let's notunderestimate the consumer 14 hrs ago (07:18 PM)some more congress leaders are once more in desperate need of tight SLAP from dear Singh ascorrupt sharad pawar had few months back.What's the issue if Thousands or lacks of crore Rs are coming inside the country and helping it'seconomy grow?Hey it is not investment, they put money for trade and take away capital and profits. Ultimately itis Indian money will be piped to foreign, do you understand or not? They invest 1 million andtake away thousand billions, loads of Indian traders are expected to commit mass suicide.

Agree (7)Disagree (11)Recommend (3)Offensive



Manoj (Mumbai) replies to Revati 13 hrs ago (08:43 PM)So don't tatas repatriate profit from UK and US?


Vikram Adithya (India)15 hrs ago (07:04 PM)Surprisingly "40% of indian children are under weight its a shame: man mohan singh"

appears on front page... no wonder how India is on sale...

Agree (9)Disagree (6)Recommend (3)Offensive nanditimier (Kolkata, W.B.)15 hrs ago (06:50 PM)I don't understand what is the necessity to allow 100% FDI investment in retail market instead of existing 51% at present. Is the congress Govt. under pressure from the USA? Or something else ?

No discussion in the Parliament, people are not aware of this thing ? What is the story madam

Sonia and MMS ?

Agree (18)Disagree (16)Recommend (9)Offensive Kaushik (Bangalore) replies to n a nd itimier 14 hrs ago (07:25 PM)What's the issue if it is increased? The customer has more choice. If you don't want to, you canchoose not to buy from them.

Agree (8)Disagree (5)Recommend (0)Offensive Om (Canada) replies to n a nd itimier 15 hrs ago (07:08 PM)

It will creat jobs and bring the foreign investment. It is good for India as a whole and may not begood for didi's chair.

Agree (10)Disagree (6)Recommend (0)Offensive kumar (United Kingdom)15 hrs ago (06:46 PM)why the f*** govt is so interested in 100% FDI? cant we create our own domestic companies todo the same with govt helping hand, don't want another East India Company

Agree (9)Disagree (14)Recommend (4)Offensive abbhandary (Bengaluru) replies to ku mar

8 hrs ago (01:57 AM)Let the Govt take swift steps to bring back black money first.Why it is dragging its legs onconstructive matters. It explains all their true colour.

Agree (0)Disagree (0)Recommend (0)Offensive Yash Sangari (Mumbai, Maharashtra) replies to ku mar 14 hrs ago (07:14 PM)That's what the government had allowed for the past 62 years! What happened? Did any



huge investors turn up? NO! Brands like wallmart will help india Grow in it's economy! It willhelp us to make our retail sector more efficient! :) Why do we always criticize the government?Appreciate their work please.


sujoy (India) replies to Yash Sa ng ari 13 hrs ago (09:08 PM)Your Govt is blindly following American terms.Ask Azim Premji---he is the best person toanswer your queries. In one interview he told that American adopts restrictive trade practices andthey want others to open their doors-- that's summarize all.

Agree (1)Disagree (1)Recommend (0)Offensive bgfdgf (Mumbai) replies to s ujoy 12 hrs ago (10:03 PM)But that hypocrite Aziz Premji's company works majorly in US & UK markets doesnt it? What if they suddenly stop outsourcing IT services from us? In a free trade scenario, every country has to

give-in to reciprocal arrangements. You cant have the best of both worlds- let others outsourcetheir work to you, but you dont allow them to enter your market!

Agree (0)Disagree (1)Recommend (0)Offensive Priyadarshan (india)15 hrs ago (06:35 PM)MMS is great!!!! Very promise step for great economical achievement. Antinational andregressive parties will now jump into the fray and try to block it alltogether

Agree (10)Disagree (13)Recommend (4)Offensive sundar (chennai)

15 hrs ago (06:27 PM)There is no need for FDI to enter into Indian Market. The purpose is Indian market is verylargest market in the world. Slowly they will try to establish and kill the small traders. We arereally afraid like East India company, they came for trade initially and ruled us. Are we going to

be ruled by Second British/Europe? Only time will tell us. This bloody congress rule should gooff, then only things will improve. day robbers.

Agree (12)Disagree (20)Recommend (4)Offensive abbhandary (Bengaluru) replies to s u nd ar 8 hrs ago (01:54 AM)Do we need better example than East India company. Why are u not able to understand as to why

Govt is at all shying to Bring Back Black money stacked abroad!!! 100% employment can begenerated.

Agree (0)Disagree (0)Recommend (0)Offensive Kaushiik (Bangalore) replies to s u nd ar 14 hrs ago (07:28 PM)Don't be so paranoid. The local stores are not going anywhere. They withstood the same pressure



from reliance and big bazaar, etc. if retail chains come in (although this is only single brand retailwhere you and i cannot afford to go), they will compete with the reliances, not the local traders.

Agree (7)Disagree (2)Recommend (0)Offensive pradeep (US) replies to Ka u shii k

11 hrs ago (10:34 PM)u r wrong, Have you ever been to US ?? All small store got killed by walmart. Later when theseRetail will cause the hike in reality sector then you will cry for home ....

Agree (0)Disagree (0)Recommend (0)Offensive Bathmavathi Narayanan (India)15 hrs ago (06:13 PM)this is my opinion, malaysia,s,east asia countrys before the hypermarket,small mini

markets,when ever festival comes market will shortage of groceries,price will incrrease ,after theopen market, we purchase after working hrs even small retailers they purchase from h- market,we can get clean quality goods,any damage goods we can change or can take them legal

action,in uk some h. markets open 24 hrs, fully ac no dust no flies,

Agree (10)Disagree (6)Recommend (4)Offensive Vikram Adithya (genoa) replies to Bathmavathi Nara ya n a n 14 hrs ago (07:12 PM)of course! "Macaulay Educated Indians" are trained to be obsessed with greed and lust..

Please people always don't be worried about yourselves sometimes try to think about others...Grow up people.. Venture of Reliance into supermarket itself was bad idea as it is a big-fish, nowwe are getting dinosaurs to eat 99% poor for the PLEASURE of 1% top class..


Kaushik (Bangalore) replies to Vik ram A d ith ya 14 hrs ago (07:31 PM)if reliance could not eat them, how will walmart? who is asking the poor to go to reliance or walmart, anyway? and stop your marx education here. economy can grow only with greed (inlimit), otherwise, we'll end up like your commie nations - hunger, poverty, slavery.

Agree (6)Disagree (3)Recommend (3)Offensive Vikram Adithya replies to Ka u shi k 13 hrs ago (09:01 PM)FYI: I hate communism more than capitalism... But dude Chaina is kicking butt of all so

called developed countries.. Neither I like such communism nor illusion of development.. Learn

more about how GDP is calculated? what are its short comings? can it represent development of a country?

Agree (0)Disagree (1)Recommend (0)Offensive Vikram Adithya replies to Ka u shi k 13 hrs ago (08:12 PM)I don't understand what is slavery? - In spite of warning from scientists Indian Govt.

brought Union Carbide to lead Bhopal Massacre - Raping of Nandigram for Special Economic



Z one and pleasing Salim Groups - Torture of Enron - Seizure of villages & lands for companiesand their infrastructure I want to ask all Indians who's idea was it? Either any Indian thinker or WTO, US (Corporate policy)...


sujoy (India) replies to Vik ram A d ith ya 12 hrs ago (09:11 PM)It is definitely USA's lesson to our puppet PM.

Agree (2)Disagree (0)Recommend (0)Offensive Mayank Agarwal (Pune, Maharashtra)16 hrs ago (06:08 PM)yaar atleat FDI khulega to wo govt ko tax dega (sales tax), 80 5 govt khayegi..atleset 20

% to hamare liye use hoga ..


Rajeev (Gurgaon)16 hrs ago (06:06 PM)Entry of a company like Ikea would be huge for the furniture market in India. It will help Indianmiddle class conusmers buy excellent products at very competitive prices, help bring a better sense of design in our homes, and give options in a very unorganised market. It will also makethe segment more quality concious and encourage other manufacturers to bring in better technology and design. Anyone who has used Ikea products would be delighted with this move.

Agree (14)Disagree (8)Recommend (6)Offensive Vikram Adithya (genoa) replies to Ra jeev 14 hrs ago (07:26 PM)

"unorganised market"??? it is indeed decentralized market... Now all stupid indians are setgoal to send all the profit to some foreign country for their mindless centralization concept..

Agree (4)Disagree (5)Recommend (2)Offensive abbhandary (Bengaluru) replies to Vik ram A d ith ya 8 hrs ago (01:47 AM)Mind ur tung!! uncultured!I am sorry my culture does not permit this!!

Agree (0)Disagree (0)Recommend (0)Offensive Saksham (Dubai) replies to Ra jeev 15 hrs ago (06:44 PM)

Mr. Rajeev, I think you might understand that Western UP generates some part of its total business by exporting wood products and some are hand made also, now if IKEA will comewon't it will be a set back for those manufacturers, what do you suggest what they should bedoing after got hit by these big FDIs??

Agree (6)Disagree (9)Recommend (1)Offensive Kaushik (Bangalore) replies to Sa k sham 14 hrs ago (07:33 PM)



why are you assuming they will be hit? didn't you read - 30% has to be sourced locally. maybethe middlemen will be hit. The craftsmen actually have a better future with more choice.

Agree (6)Disagree (4)Recommend (1)Offensive pradeep (US) replies to Ka u shi k

11 hrs ago (10:37 PM)As per WTO rule , we can't put this condition, Stop lying to the people. Check with South Africagove. They tried to put same condition for walmart entry and WTO ruled it out and walmartimported from chine.

Agree (1)Disagree (0)Recommend (1)Offensive abbhandary (Bengaluru) replies to p ra d ee p 8 hrs ago (01:44 AM)Do you think your leaders to be puppet in the hands of foreign powers? Do u know are u the bossor they?

Agree (0)Disagree (0)Recommend (0)Offensive Bholu (Delhi)16 hrs ago (05:49 PM)Sonia has received huge kicks on her back for this. She has to do it any how.

Agree (19)Disagree (14)Recommend (5)Offensive Indian (Manchester)16 hrs ago (05:44 PM)Winston Churchill (Then British India Leader's) quote: Power will go to rascals, rogues,freebooters. . . . All leaders will be of low caliber & men of straw. . . They'll have sweet tongues& silly hearts. . . They will fight amongst themselves for power & the two countries (India and

Pakistan) will be lost in political squabbles. . . . A day would come when even air & water will be taxed. He wrote this 64 years ago. . . Incredibly we've worked very hard to prove him right

Agree (29)Disagree (3)Recommend (12)Offensive AnotherIndian (London) replies to Ind ia n 16 hrs ago (05:58 PM)He should have felt proud of the legacy that his "esteemed" country had left on the subcontinent.Incredibly, there are some Indians that continue to quote that rascal, Churchill.

Agree (7)Disagree (14)Recommend (2)Offensive Vikram Adithya (genoa) replies to A n o ther Ind ia n

14 hrs ago (07:15 PM)Pseudo-Intellectuals are the biggest problem of India.. Winston Churchill is quoted to

make people like you to understand realities, that today people are set targets to sellout country..

Agree (4)Disagree (2)Recommend (2)Offensive Kaushik (Bangalore) replies to Vik ram A d ith ya 14 hrs ago (07:35 PM)

putting a vivekanand pic does not make one an intellectual either. The economy is globalised, a



result of which is that people like you can work on imported technology to write your macaulayan english comments here on the internet. so, there is no sellout, folks. It'scollaboration. business.


abbhandary (Bengaluru) replies to Ka u shi k 8 hrs ago (01:40 AM)U r not dying ask the farmer who is ultimately taking to poison after feeding u with good stuff and his family eating the thrash/substandard remains.

Agree (0)Disagree (0)Recommend (0)Offensive Vikram Adithya replies to Ka u shi k 14 hrs ago (07:58 PM)Like collaboration of limca & Gumpha (Indian soft drinks) with cococola? which

eventually engulfed all. When we speak of globalization, we should not speak about just whathappens in Indian cities, we must look at the whole world. what these people do around the

globe. Photo of Vivekananda is just because of my admiration..

Agree (4)Disagree (0)Recommend (2)Offensive Manoj (Mumbai) replies to Vik ram A d ith ya 12 hrs ago (09:12 PM)Mr Chauhan sold out to coca cola at a huge profit and now runs his bottled water business.What's wrong with that? He didn't close his business. Tatasbought Corus, jaguar land rover etcisn't it?Why do we underestimate ourselves?

Agree (1)Disagree (0)Recommend (0)Offensive Vikram Adithya replies to Ma n oj

12 hrs ago (09:20 PM)Its not under estimation of anyone.. Monopoly of anything is not good. Central control of anything is not good as someday they get complete control on the supply, if its coke not muchdamage but if it is food they can play football with you...

Agree (1)Disagree (0)Recommend (1)Offensive Manoj replies to Vik ram A d ith ya 12 hrs ago (09:38 PM)So I presume Walmart and tesco playing football with food prices in US / UK / China /Venezuela?

Agree (1)Disagree (0)Recommend (1)Offensive Indian (Manchester)

Winston Churchill (Then British India Leader's) quote: Power will go to rascals, rogues,freebooters. . . . All leaders will be of low caliber & men of straw. . . They'll have sweet tongues& silly hearts. . . They will fight amongst themselves for power & the two countries (India andPakistan) will be lost in political squabbles. . . . A day would come when even air & water will

be taxed. He wrote this 64 years ago. . . Incredibly we've worked very hard to prove him right



Agree (29)Disagree (3)Recommend (12)Offensive AnotherIndian (London) replies to Ind ia n

He should have felt proud of the legacy that his "esteemed" country had left on the subcontinent.

Incredibly, there are some Indians that continue to quote that rascal, Churchill.

Agree (7)Disagree (14)Recommend (2)Offensive Vikram Adithya (genoa) replies to A n o ther Ind ia n

Pseudo-Intellectuals are the biggest problem of India.. Winston Churchill is quoted tomake people like you to understand realities, that today people are set targets to sellout country..

Agree (4)Disagree (2)Recommend (2)Offensive Kaushik (Bangalore) replies to Vik ram A d ith ya

putting a vivekanand pic does not make one an intellectual either. The economy is globalised, aresult of which is that people like you can work on imported technology to write your macaulayan english comments here on the internet. so, there is no sellout, folks. It'scollaboration. business.

Agree (2)Disagree (2)Recommend (0)Offensive abbhandary (Bengaluru) replies to Ka u shi k

U r not dying ask the farmer who is ultimately taking to poison after feeding u with good stuff and his family eating the thrash/substandard remains.

Agree (0)Disagree (0)Recommend (0)Offensive Vikram Adithya replies to Ka u shi k

Like collaboration of limca & Gumpha (Indian soft drinks) with cococola? whicheventually engulfed all. When we speak of globalization, we should not speak about just whathappens in Indian cities, we must look at the whole world. what these people do around theglobe. Photo of Vivekananda is just because of my admiration..

Agree (4)Disagree (0)Recommend (2)Offensive Manoj (Mumbai) replies to Vik ram A d ith ya

Mr Chauhan sold out to coca cola at a huge profit and now runs his bottled water business.What's wrong with that? He didn't close his business. Tatasbought Corus, jaguar land rover etcisn't it?Why do we underestimate ourselves?

Agree (1)Disagree (0)Recommend (0)Offensive Vikram Adithya replies to Ma n oj

Its not under estimation of anyone.. Monopoly of anything is not good. Central control of



anything is not good as someday they get complete control on the supply, if its coke not muchdamage but if it is food they can play football with you...

Agree (1)Disagree (0)Recommend (1)Offensive Manoj replies to Vik ram A d ith ya

So I presume Walmart and tesco playing football with food prices in US / UK / China /Venezuela?

Agree (1)Disagree (0)Recommend (1)Offensive Vignesh (BLR)16 hrs ago (05:43 PM)One serious doubt.... If the black money is rerouted to India in this source are v loosingsomething rather than it being brought directly??


Amit (Haldia)16 hrs ago (05:42 PM)Excellent move by the Govt., it's too late but lastly done. India is a large/ free democraticcountry. Anything starts, will not get 100% supports. Let some negative people also to live inthis world.

Agree (17)Disagree (8)Recommend (7)Offensive abbhandary (Bengaluru) replies to Amit 8 hrs ago (01:33 AM)AAP Ka Ghar Ko Bhi Girvi Rakko bhaiyya.Thoda jaldi bhi karo.

Agree (0)Disagree (0)Recommend (0)Offensive Akash (India)16 hrs ago (05:38 PM)Chalo kuch to acha hua!! Warning to corrupt shopkeepers

Agree (17)Disagree (8)Recommend (5)Offensive sujoy (India) replies to A kash 12 hrs ago (09:16 PM)Yes, these foreign companies will give you best support like East India Company--go and enjoy.

Agree (1)Disagree (0)Recommend (0)Offensive Lallu (Mumbai)16 hrs ago (05:34 PM)Govt to notify rules for 100% FDI in single-brand retail today - Do we need FDI in the first place



? The headlines of this news is authritative as if the first question had already been asked. Howcan the Govt come up with rules of 100% FDI in single-brand retail when FDI single or multi-

brand had not been favoured by majority of Indians in the nation. The GOI should listen to the people to decide on anything. Getting this done forcefully will have repercussions and fatalresults. All the efforts would end up in vain and total waste of human manpower, resources and

political wrangling and debates. First hurdle is to ask the Indian desi farmer, traders and whatnaught that we as a country, are we ready for competition and is it time for us to have FDI ?

Agree (14)Disagree (17)Recommend (3)Offensive abbhandary (Bengaluru) replies to Lall u 8 hrs ago (01:30 AM)U are right. First let the Govt make an impartial parliamentary committee to compile all thedetails of FDIs already in India and submit it report to the public in a transparent manner. Whythey are so much in a hurry, that too through back door is the concern of all. This will clearlyrule out the need for FDI and also will unleash the lies of the Govt. I am sure they are being

black mailed having their past records.

Agree (0)Disagree (0)Recommend (0)Offensive Kaushik (Bangalore) replies to Lall u 14 hrs ago (07:38 PM)who says it is not favoured by a majority of indians? yes, we need FDI. how will the govt funddevelopment with today's economic scenario without FDI? How will you get your bandwidth towrite your comments? We as a country always have to be ready for competition, otherwise, wewill end up like the lazy european economies of today.

Agree (3)Disagree (3)Recommend (0)Offensive abbhandary (Bengaluru) replies to Ka u shi k

8 hrs ago (01:24 AM)A fly always is eager to jump in to the fire to feel proud?!!! In the end u know sir?!!!

Agree (0)Disagree (0)Recommend (0)Offensive Vikram Adithya (genoa) replies to Ka u shi k 13 hrs ago (08:27 PM)you forgot something how will the swiss-bank accounts can fill with the money of Indians

sweat & blood?

Agree (4)Disagree (1)Recommend (1)Offensive Yash Sangari (Mumbai, Maharashtra) replies to Lall u 14 hrs ago (07:19 PM)Let's have a beginning at least! Just by asking whether " Is it the time to bring in FDI or

no" We are going to lose the golden chance of getting in huge investors which will generate Jobsand would increase the economy of our country! Just by stopping FDI just for the reason whether it's ready or not, we are going to lose another 64 years! Thank the government! :)




abbhandary (Bengaluru) replies to Yash Sa ng ari 8 hrs ago (01:21 AM)Already in the name of development we have made urban slums. Ask the local man and hisagony and suffocation compared to his yester years. people are prepared to promote cities asslums if money comes from where ever it is?!!!!

Agree (0)Disagree (0)Recommend (0)Offensive akshay (ujjain) replies to Lall u 15 hrs ago (06:19 PM)u r really ullu dear lallu...BJP kai chamche vaise lallu he rehte hai apke tarah..FDI is must for this country..fool..

Agree (4)Disagree (9)Recommend (2)Offensive anish (Blore) replies to Lall u 16 hrs ago (05:47 PM)he lallu please shut up.. understand the terms Single brand retail or multi brand retail and then

talk about opposition by farmers .. BTW it is not opposed by whole India but your corrupt BJPBania vote bank who are sucking blood of customers as well as farmers.. The middle men should be on roads why entire nation will pay for them just becuase they cannot do anythnig elseconstructive

Agree (13)Disagree (13)Recommend (4)Offensive Katrina Kaif (India)16 hrs ago (05:32 PM)so irritating man!!!!


Vijay (Pune, India)16 hrs ago (05:26 PM)Good work. Hope the opposition does not oppose such constructive steps essential for fuellinggrowth .

Agree (18)Disagree (12)Recommend (6)Offensive abbhandary (Bengaluru) replies to Vi ja y 8 hrs ago (01:16 AM)Did u ever study the past record or even the govt if so let it come out with white paper! one tooth

paste co is mopping 100's crores while its investment is very meager another shoes co. ismopping 1000s crores another tobacco co. is also looting several 100s crores? Are they onlyinterested in anti-people stanz. people wanted Janlokpal with one voice along with entireopposition, but Govt ran away abusing the democratic system!! Now people do not want FDI butthere are hurrying through back door sending clear signal that they have become puppet in thehands of some foreign elements and are prepared to disregard democratic norms. Unfortunatelysome advocates who should have been graceful in the parliament are making it a process like incourts.




Thomas (Jhansi)16 hrs ago (05:11 PM)Multinational company's should be asked to source buy 90% from india only.


Ankur (bangalore)16 hrs ago (05:10 PM)Congress people want to convert their black money into white by investing it in Indian marketthrough FDI.

Agree (33)Disagree (17)Recommend (9)Offensive NRIs and their money (USA)17 hrs ago (05:04 PM)Only a complete fool will invest in the Republic of reservations and extreme corruption. India isthe Z imbabwe of Asia and regardless of what congress puppets like TOI say, India's clock isalready ticking..Indian businesses are investing abroad in ever greater numbers....

Agree (26)Disagree (21)Recommend (7)Offensive Manoj (Mumbai) replies to NR Is a nd their m o n e y 12 hrs ago (09:15 PM)Yeah that's why everybody is asking for market access isn't it????? You are most welcome tostay in US and keep your money there. There are enough investors to invest in India.

Agree (0)Disagree (1)Recommend (0)Offensive Shyam (Bangalore) replies to NR Is a nd their m o n e y 16 hrs ago (05:14 PM)Winston Churchill predicted the doom of the independent India; we see only in India where

merit is murdered in the name of socialistic regime and fragmented society in the name of minority appeasement

Agree (15)Disagree (5)Recommend (3)Offensive KIng (Kanauj) replies to Sh yam 16 hrs ago (05:54 PM)Can you please define merit? Is merit associated only with one class where we see children of

judges automatically becoming judges, children of doctors becoming doctors, Children of senior bureaucrats cornering all the scholarships, more importantly children of politicians becoming politicians. I think India is the only country in the world where the divine right of kingship has been democratized. Its just the caste system in new form

Agree (2)Disagree (3)Recommend (1)Offensive Shyam replies to KIng 15 hrs ago (06:12 PM)You are right, if the desire is to have a caste less society, then why divide the social fabric byadopting divisive politics. We are finding creamy layers in the beneficiaries of reservations, is itnot a new caste itself. Instead, repeal all the existing reservations and let there be fair naturalselection based on the abilities



Agree (5)Disagree (0)Recommend (2)Offensive Shabbir Hawaldar (Pune, Maharashtra)17 hrs ago (05:00 PM)Govt has to take firm step and make FDI possible, also 51% in mutibrand retail as well. We are

enough strong and need to feed over 1.2 billions stomach of this country by creating jobs andavoiding middle man who loots common man. Opposing this bill is only for sentiments of respective vote banks and play dirty politics. At least Govt has to take this decision and try towash off late/lazy decision maker tag

Agree (21)Disagree (11)Recommend (9)Offensive abbhandary (Bengaluru) replies to Shabbir Hawal d ar 9 hrs ago (01:02 AM)What Hawaldaar sir? Kidar gaya aap ka slogan "Jai Kisaan" as it is hawaldaar log se Mandi mekisan parishan hai, uper se aap be na.....!!!!

Agree (0)Disagree (0)Recommend (0)Offensive Saksham (Dubai) replies to Shabbir Hawal d ar 16 hrs ago (06:00 PM)Yes we can fill stomach of people with Rs32 Per day...Bull Sh*t...rubbish..govt is getting hugeamount from these foreign investors....

Agree (3)Disagree (4)Recommend (0)Offensive abbhandary (Bengaluru) replies to Sa k sham 9 hrs ago (12:58 AM)Pl.YOu did not clarify if Govt is getting huge money or people in Govt are getting huge black money!!!

Agree (0)Disagree (0)Recommend (0)Offensive theashutoshgoel (GKP) replies to Shabbir Hawal d ar 16 hrs ago (05:16 PM)As if the middle men are coming from some other place and do not belong from that 1.2

billion.

Agree (9)Disagree (6)Recommend (3)Offensive akshay (ujjain) replies to theash u t o sh g o el 15 hrs ago (06:21 PM)goel baniye chor..bharat kai lotere..bjp kai tatoo chup..fdi is must

Agree (4)Disagree (4)Recommend (3)Offensive abbhandary (Bengaluru) replies to a k sha y 9 hrs ago (12:56 AM)First we all must respect each other and maintain decorum. The issue is of a serious nature someis being encouraged to loot our farmers when every small shop-keeper vanishes the scene thencomes the double pricing and having no other alternate farmers are forced to sell cheap or



commit suicide.Once upon a time there was a notorious company called East India company andI presume u are mature enough to know further...

Agree (0)Disagree (0)Recommend (0)Offensive Saksham (Dubai) replies to a k sha y

15 hrs ago (06:28 PM)aa gaye Racist ke kitanoo...aare jagoo...kab tak batein rahoge....khud ko Rajput or aur doosron koBaniya batate rahoge...pehle iska fayeda Angrezoon ne uthaya....aur abb 260 saal bhi humkoaabhi tak yeh samajh nahin aaya ki zaroori milke rehna hai...

Agree (4)Disagree (2)Recommend (0)Offensive Raju Chaha (Bangalore) replies to theash u t o sh g o el 16 hrs ago (05:59 PM)now that middleman baniya bloodsucker goel speaking No most of u guys come from not middleclass but rajasthan marwad area

Agree (3)Disagree (4)Recommend (2)Offensive anish (Blore) replies to theash u t o sh g o el 16 hrs ago (05:50 PM)Yes middlemen are 40 millin agianst the customers and farmers number of 600M so which waygovt should look 40M or 600M apply logic.. please understand this is the great step to move our country forward.. do not ruin it by spreading false propoganda

Agree (7)Disagree (2)Recommend (6)Offensive Saksham (Dubai) replies to Ra ju Chaha 15 hrs ago (06:17 PM)U are sounding like racist, who beleive in Caste System and divides India into many parts,

Shame on you, People like you sits on tracks for reservation and still complains that train never comes on time

Agree (4)Disagree (3)Recommend (0)Offensive Saksham (Dubai) replies to a n ish 15 hrs ago (06:21 PM)And yes every days this figure is going day by day coz many farmers are quiting their profession,some are dying of hunger and some are committing suicide, i thin you want to suggest that byFDI this problem will be sorted out, there will be no more deaths and people who had left their

profession as farmers will come back and doing starting farming again...seems like IndianCricket batting line up...which is on Paper very strong...but in reality...Aussies can tell you better about it.

Agree (1)Disagree (2)Recommend (0)Offensive Kaushik (Bangalore) replies to Sa k sham 14 hrs ago (07:44 PM)tell me one step that any government can take which will kill all problems in the country. no,

problems will always be there. this is a step to let some companies do business here. in return, jobs are created. customers have more choice, including the choice of going to the local shop.



simple. btw, this is only single brand retail. you and i cannot afford to go into those shopsanyway.

Agree (0)Disagree (2)Recommend (0)Offensive Vikram Adithya (genoa) replies to Ka u shi k

12 hrs ago (09:15 PM)Ok let me teach you first lesson of capitalism/greed based economy.. It never ever believes in competition, it always runs by monopoly. The first day you feel, oh! competition,cheaper goods; next day yeah! they lost competition so sold to big companies what is wrong?third-day yes there is huge inflation price raise is very common. Ex: Cococola, P&G, GM, GE,Standard Oil, list goes on...

Agree (2)Disagree (0)Recommend (2)Offensive Saksham replies to Ka u shi k 14 hrs ago (08:00 PM)Firstly before introducing FDI we need to take care of Corruption and try to reduce it first, coz

without eliminating it no one would get benefit of anything expect Politicians and people whoare sitting in big offices, until and unless who won't repair your walls of your home, won't fillupo the crack, do as much as painting in you home on the walls still one day it won't look goodand one day will fall down...craftsman are living in that home, painting home with FDI won'tchange their lives and comming danger or make them rich...firstly repair your home

Agree (2)Disagree (0)Recommend (1)Offensive paras (India)17 hrs ago (04:58 PM)30% products from India ... And 70% products from china ....100% profit to company ... And100% fool indians...!!!

Agree (57)Disagree (41)Recommend (21)Offensive Francis (Sharjah) replies to p aras 16 hrs ago (05:29 PM)Idiot; read correctly, it says at least 30% of the products from micro and small enterprises & notfrom China. The fools like you hold back FDI in retail as well.

Agree (15)Disagree (11)Recommend (8)Offensive hindustani (banglore) replies to F ra nc is 13 hrs ago (08:20 PM)Francis u need to i,prove ur english..paras 70% china thats funny

Agree (2)Disagree (0)Recommend (0)Offensive Indian4ever (Ahemadabad)17 hrs ago (04:56 PM)To some extent FDI may help abolish ³Adtiya´system. This system is the monopoly of evilMarwaris who are sucking up poor farmers like Jews. Farmers are killing themselves out of

poverty. They need protection.Good move from Govt though very late.



Agree (41)Disagree (16)Recommend (12)Offensive mono (KOLKATTA)17 hrs ago (04:52 PM)Yes..GOOD ..FINALLY NOW COMPETITION OF PRICES AMONG GOODS.. THEMARWARIS AND GUJRATIS HAVE BEEN LONG A DISEASE..THEY NEVER FOUGHT..ALWAYS HAVE EATEN INTO OTHERS SOCIETY..BECUASE THEY HAVE NOTHINGWITH THEM.. EXPECTING TO BUY SOME FURNITURE,ITEMS..NOW AT GOODPRICE..ABE MARWARI LOG BHAJ Z A MERE DESH SE

Agree (20)Disagree (11)Recommend (8)Offensive Raj (India) replies to m o n o 16 hrs ago (05:38 PM)WTF this comment is!! Are you crazy?

Agree (5)Disagree (3)Recommend (2)Offensive Manoj G (Dubai)17 hrs ago (04:50 PM)There is a lot of talk about FDI overpowering small individually owned shops. Every time I visitone of such shops I wonder if these shops every pay taxes, pay provident fund to its employees.The fact is they don't. So why worry about such shops who evade taxes and exploit employees.Might as well, invite FDI's who will pay taxes and will have some HR policies. At the same timeensure that sourcing, staffing, CSR guidelines for FDI's are in place so the country doesn't take ahit in the long run.

Agree (33)Disagree (11)Recommend (8)Offensive abbhandary (Bengaluru) replies to Ma n oj G 9 hrs ago (12:46 AM)This practice is encouraged by corrupt in the Government. They want it to be moped upunaccounted and feed officials reported to be reached to the law makers.

Agree (0)Disagree (0)Recommend (0)Offensive theashutoshgoel (GKP) replies to Ma n oj G 16 hrs ago (05:21 PM)and a share of profit will go abroad... black money created by small individually owned

shops can be controlled by good administration. It is like, to kill rats, you bring a cat, and then tokill cat, you bring sth else..

Agree (5)Disagree (10)Recommend (1)Offensive anish (Blore) replies to theash u t o sh g o el 16 hrs ago (05:52 PM)so when Infosys earns profit by doing business in US and brings that too India is good.. butcompany here doing busines , investing here and then sends some of the profit back is not good..what kind of logic this is. by your logic IBM, accenture or siemens should be closed down andgovt should start such companies.. are you educated ?




abbhandary (bengaluru) replies to a n ish 9 hrs ago (12:42 AM)Don't u know that they are selling finished products like computer/laptop/cars/mobile sets or machinery and on top of it military equipment in India!!

Agree (0)Disagree (0)Recommend (0)Offensive ravi (Dubai) replies to Ma n oj G 17 hrs ago (05:09 PM)Also by eliminating these middle men the farmer gets a better price and as well the endconsumer.

Agree (6)Disagree (4)Recommend (2)Offensive Indian (India) replies to ravi 16 hrs ago (05:41 PM)So you expect "Waren Buffet" to trade direct from Indian farmers !! It will never happen andinflation with corruption is the birth of 100% deal. Tip: Move your business international

business.

Agree (3)Disagree (1)Recommend (0)Offensive Farmer of India ( Rural India)17 hrs ago (04:48 PM)Excellent step for the small and marginalized farmers across the spectrum of India.. Thank youManmohanji..

Agree (22)Disagree (14)Recommend (6)Offensive Jatin (Bangalore)17 hrs ago (04:47 PM)

Reforms are not the option, its the necessity of the current scenario. Govt needs to take somemore hard steps like this one to boost economy.

Agree (18)Disagree (6)Recommend (5)Offensive if you are smart (Sydney)17 hrs ago (04:44 PM)80% of local employees, and 50% of local material - make this mandatory

Agree (28)Disagree (5)Recommend (12)Offensive abbhandary (Bengaluru) replies to if you are smart 9 hrs ago (12:36 AM)Pl. take firm step in bringing back black money stacked abroad one we can guarantee !00% jobsfor all Indians. Why are they shying away and where are the devils advocates in that front.Whose clearance the Govt needs? Pl. stop this hide and seek!!! Respect the democracy and closethe laboratory to bring vote bank schemes. We feel the EC also must step in and halve their untimely/imprudent move only to satisfy their hungry and greed.




Ankit (India) replies to if you are smart 16 hrs ago (05:16 PM)Sounds good.


Pradeep (London) replies toA

n kit

11 hrs ago (10:31 PM) New laws new loopholes.

Agree (1)Disagree (0)Recommend (0)Offensive Govi (Chennai)17 hrs ago (04:42 PM)FDI is heavily supported by congress to route black money back to India. This is big move as thedoors started closing for maintaining black money out of India.


Ajay (mumbai) replies toG

ovi

17 hrs ago (05:09 PM)Looks like you are modi supporter, we are sick and tired of gujjus not paying taxes

Agree (10)Disagree (12)Recommend (5)Offensive anish (10) replies to A ja y 16 hrs ago (05:54 PM)And Marwaris too..Gujjus and marwaris are sucking blood of this nation... They cal themselvesenterprising operating in small dingy shops usally clothes business .. nonsense


GUPTA (NEW DELHI)17 hrs ago (04:42 PM)THIS CONGRESSN STUPIDS NEED MONEY FOR THE ELECTION. NEVER CAREINDIANS EXCEPT THEY NEED MONEY. LET US THROW OUT THIS GOVT IF THEYBRING IN FDI IN RETAIL. THEY WANTED 70% CHINA GOODS IN INDIA IN THE

NAME OF ORGANISED SOURCING. PI ZZ A IS COSTING IN INDIA MORE THANMALAYSIA WHERE RAW MATERIALS ARE CHEAPER IN INDIA. DO U THINK WALMART/IKEA IS GOING TO OFFER BENEFITS TO OUR FARMERS ANDCARPENTERS. WE HAVE ESTABLISHED MILK DISTRIBUTION IN A ORGANISEDWAY FROM SOURCE TO SUPPLY CHEAPEST IN THE WORLD. WHY DO N'T U APPLYTHE SAME PRINCIPLES IN RICE AND AND SUGAR AND IN ESSENTIAL GOODS.INSTEAD OF FINDING PROPER WAY THEY WANTED TO OFFER WHOLE INDIA TOFOREIGNERS BENEFIT. LET US WAKE UP AND RAGE WAR AGAINST THIS FOOLS.

Agree (43)Disagree (35)Recommend (20)Offensive Pradeep (London) replies to GUPTA 16 hrs ago (05:24 PM)Totally agree with you. Walmart or Tesco will suck blood out of our farmers. Our Small scaleindustries will collapse as we will be flooded with Made in China goods just like USA. Walmart



or Tesco is bad news for India. What technology will they bring which we don't have or cannot buy? I lived most of my Life overseas and have seen people being exploited by Walmart likecompanies.


vgp (Pune) replies toPra

dee

p 14 hrs ago (07:45 PM)first and foremost, nobody is forcing u to go to shops under FDI, if u want u r free to buy fromthe local kirana shops, this way noody loses and all gain

Agree (1)Disagree (2)Recommend (0)Offensive abbhandary (Bengaluru) replies to v g p 9 hrs ago (12:28 AM)These are devils advocates. What these people know about the difficulty of a farmer. Does oneknow that the farmers are the bread givers. He selects good stuff for the city people and saves thereminiscent for his family's consumption!!! Hence the out come of report that 42% babies in

India is affected by malnutrition?!!!

Agree (0)Disagree (0)Recommend (0)Offensive Pradeep replies to v g p 13 hrs ago (08:23 PM)what you say is not practical. I live in London and can see closing down of local shops. Localshop also helps local economy. Just to show you the effect on our farmers I suggest you google"milk prices to farmers by tesco" and read from the BBC site. I understand this is a bigdiscussion and cannot be sorted on a blog. Walmart will flood India with cheap stuff from China.We will be help China with their growth.

Agree (4)Disagree (0)Recommend (1)Offensive tina (ahmedabad)17 hrs ago (04:40 PM)That is ridiculous. they were waiting people to cool down and do whatever was beneficial for them. They have taken money from foreign traders, can sell India as they like. Cheap greedygovernment. go to hell.....

Agree (38)Disagree (33)Recommend (15)Offensive Sarat Pattanayak (Bhubaneswar)17 hrs ago (04:38 PM)Has the Government finally located its spine?

Agree (29)Disagree (15)Recommend (8)Offensive indu (hyderabad) replies to Sarat Patta n a ya k 16 hrs ago (05:39 PM)The foreign lady has located her spine - all other indians have lost their spines.

Documents

Retail Sector Analysis