A dispute over sourcing regulations is clouding plans by Sweden's IKEA to open 25 of its trademark blue-and-yellow stores in India as it seeks new markets for its flat-pack furnishings.IKEA last month asked India for permission to launch retail operations there, promising to invest $1.9 billion over the coming years -- part of a broader push into emerging markets including China and Russia.
STOCKHOLM, Sweden — Swedish flat-pack furniture giant IKEA will start selling residential solar panels at its stores in Britain, the first step in its plan to bring renewable energy to the mainstream market worldwide.
The company started selling solar panels made by China’s Hanergy in its store in Southampton on Monday. It will sell them in the rest of Britain in coming months, it said.
New Delhi (AFP) - Prime Minister Narendra Modi's right-wing government will unveil its first full budget on Saturday, a day after announcing the time was ripe for long-awaited reforms to kickstart the economy.
Mumbai (AFP) - Anglo-Dutch energy giant Royal Dutch Shell has won a multi-million dollar court battle against Indian authorities, marking a significant victory for multinationals involved in tax wrangles in the country.