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India suspends opening of markets
– by D+C | E+Z
© Danish Siddiqui/Reuters
Doubtful future: greengrocer in Mumbai
Foreign investors have been waiting 15 years for market entry in the world’s second most populous country. The government intended to allow foreign investors to buy up to 51 % of supermarket businesses. In the capital New Delhi and elsewhere, apprehension about corporations like Wal-Mart or Carrefour caused an outrage and lead to street protests. (ph)