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IKEA evinces interest in setting up shop in UP

Last Updated: Thursday, October 24, 2013, 12:32

During meeting it was informed that IKEA planned to establish its stores in four states and UP was high on their priority.

New iPhone app pays users for taking pictures through smartphone

Last Updated: Wednesday, October 16, 2013, 20:06

A new app on Apple iPhones and Android devices can get their users paid for every picture they click through their smartphones.

Govt to reject variations of existing names for new companies

Last Updated: Tuesday, September 17, 2013, 21:48

There have been instances of companies being set up with names resembling those of long-established entities, including foreign giants such as Ikea, Walmart and Starbucks.

IKEA keen to set up venture in Haryana

Last Updated: Friday, August 30, 2013, 18:55

"The company wants to concentrate on fewer states in India and Haryana is among one of them," an official release quoting Maeztu said here.

`Sourcing norms not for global ops`

Last Updated: Thursday, August 15, 2013, 13:03

IKEA already sources products worth 1 billion euros from India and mainly from handloom and carpet clusters.

IKEA looks at Haryana, Andhra, Maharashtra, K'taka for stores

Last Updated: Monday, August 12, 2013, 17:37

The company's plan was conveyed by IKEA CEO Mikael Ohlsson, who met Commerce and Industry Minister Anand Sharma here Monday, sources said.

IKEA's challenge will be land acquisition for stores: Experts

Last Updated: Sunday, May 19, 2013, 11:05

Land acquisition will be a major hurdle for Swedish furniture retailer IKEA to set up its stores in India and it may have to even depend on public auction by government, according to real estate consultants.

IKEA hails Govt's nod; to offer affordable goods, up sourcing

Last Updated: Thursday, May 2, 2013, 22:35

Swedish major IKEA Thursday welcomed the government's decision to open its stores in India saying the company will offer home furnishing solutions at an affordable price, besides ramping up sourcing from the country.

IKEA's Rs 10,500 cr FDI proposal gets Cabinet nod

Last Updated: Thursday, May 2, 2013, 21:12

The government Thursday formally allowed Swedish furniture major IKEA to invest Rs 10,500 crore for setting up single brand retail stores to sell mostly home furnishing items.

Decision on IKEA proposal: CCEA meeting postponed

Last Updated: Wednesday, May 1, 2013, 09:18

The meeting of Cabinet Committee on Economic Affairs, which was scheduled to consider the Rs 10,500 crore proposal of Swedish furniture major IKEA, did not take place Wednesday due to paucity of time.

CCEA likely to consider IKEA proposal tomorrow

Last Updated: Tuesday, April 30, 2013, 16:29

The much-awaited Swedish retail IKEA's Rs 10,500-crore proposal to set up single brand retail stores in the country is expected to be taken up by the Cabinet Committee on Economic Affairs (CCEA) on Tuesday.

IKEA official calls on Sharma

Last Updated: Monday, April 29, 2013, 20:51

Earlier in January, Foreign Investment Promotion Board (FIPB) had cleared the investment plan of IKEA to open single-brand retail stores in the country.