Wednesday, August 28, 2019
Global retailers to gain from easier single-brand FDI rules
While the present policy mandates that a single-brand retail company that has more than 51% FDI in India has to source 30% locally of the total value of goods sold in the country, the changed norms will allow it to include exports as well. https://ift.tt/2ZxCj99 https://ift.tt/eA8V8J
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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)
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