NEW DELHI, August 22 – BUSINESS STANDARD – The committee of secretaries (CoS) has taken a decision to expand the overall meaning of “back-end infrastructure” for the proposed policy in order to permit greater flexibility to foreign companies in multi-brand retail. Earlier, the definition mainly involved investment in logistics and processing of agricultural goods but after the step taken by CoS it will now also include three new areas as part of back-end infrastructure investment; these are design improvement, quality control and packaging of products. The proposed policy stipulates the minimum investment required would be $100 million - BUSINESS STANDARD – Global frozen yogurt major Yogurberry has decided to foray into India within the next three months and plans to open over 100 outlets across the country over the next five years. Established in 2004, Yogurberry is present in many countries such as USA, China, Brazil, UAE, Kuwait, Qatar, Bahrain, Oman, Panama, Portugal, Malaysia, Sudan, Philippines, Indonesia, Vietnam and Macau. - BUSINESS STANDARD – As Maruti Suzuki is in the process of strengthening its Research and Development department it also revealed its future plan to roll out in market with a global car in 2017 targeting the European and Japanese markets. - FINANCIAL EXPRESS - According to the World Gold Council (WGC) study, India’s gold imports rose 34.9% to 553 tonne in the first half of 2011, whereas, Imports jumped 72% in 2010 to 959 tonne. Large jewellery companies, such as Titan Industries , Reliance Jewels, Rajesh Exports and the state-run MMTC , are targeting the retail market with plans for hundreds of branded shops. - ECONOMIC TIMES - The Centre for Monitoring Indian Economy (CMIE) has downsized the forecast for industrial growth since last year from 8.7% to 8.2%. The possible reason which could be figured out is that it happened due to delays caused in commissioning of power projects, suspension of mining, interest hikes etc. - ECONOMIC TIMES – According to the Union Finance Minister Pranab Mukherjee, India has the potential to achieve 9% growth and that too only with the proper utilization of public-private partnership (PPP) model. India in the coming years would be among top three countries of the world as huge infrastructural investment would be made of about $1 trillion on the recommendation of Planning Commission to boost the economy.