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Indian government has finally approved Amazon India’s proposed $500 million investment in food retail. The news comes a month after Food Processing Minister Harsimrat Kaur Badal stated that the government will soon clear the investment. The proposal was pending before the foreign investment promotion board (FIPB) which has been abolished now.  As per the proposal, the company will open … Continue reading "Amazon India’s $500 million investment in food retail gets government nod"

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