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FDI in Retail will Create Millions of Jobs- Sharma

Posted: 06 Sep 2010 03:00 AM PDT

Making a strong case for FDI in India’s multi-brand retail, Indian Commerce and Industry Minister Anand Sharma has said that entry of global retail giants would help create millions of jobs and not weaken the unorganised sector as feared. Dismissing “septics and scare mongers” who say FDI in the sector would lead to job losses, [...]

LIC to Invest Rs 1000 crore in Mall Cum Office Complex at Mohali

Posted: 06 Sep 2010 02:56 AM PDT

Insurance major Life Insurance Corporation of India (LIC) today said that will invest a sum of Rs 1,000 crore to develop a mall-cum-office complex at Mohali. “The expected investment in developing a mall-cum-office complex in Mohali will be Rs 1,000 crore and it may be ready within one-and-a-half to two years,” a senior LIC official, [...]

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