Blog: Uncertainty surrounds Indian FDI reform
Sam Webb | 7 December 2011
The Indian government's shock decision to open up Indian retail for foreign investment was heralded and demonised in equal measure.
Now Prime Minister Manmohan Singh and his cabinet is apparently backtracking on the move after a fortnight of parliamentary boycotts and protests that have brought the political process in the key emerging market to a grinding halt.
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Just weeks after buying UK turkey processor Bernard Matthews from administration, food tycoon Ranjit Boparan has struck a similar deal....
Shares in Tyson Foods slumped on Friday, closing down almost 9% after an analyst claimed a lawsuit facing the company could hit the US meat titan....
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