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TATA TESCO JV
Exclusive | Indian ecommerce in a gold rush, where only a few will strike gold: Tesco CEO Ken MurphyHistorically, Tesco itself went through a turnaround from 2015 to 2020, which probably slowed down our rate of investment in the JV, now we...- British retailer Tesco & Tata infuses fresh capital into JV, Trent HypermarketBritish retailer Tesco Plc is taking another shot at the Indian market with the Tatas, with both having invested Rs 67 crore each in their ...
- Tata-Tesco JV to open 50 retail stores, distribution centre in HyderabadThe expansion is part of the 200 stores planned for Mumbai, Pune, Hyderabad and Bengaluru. The retailer currently has 45 stores across thes...
- FDI in multi-brand retail: Tata-Tesco JV plans Rs 250 crore investment to open more storesThe planned expansion is likely to be seen as a test case for the ruling BJP’s stance towards foreign direct investment in the supermarket ...
- Trent Q1 profit jumps 3.5-fold to Rs 61.11 crIt had posted standalone net profit of Rs 17.34 crore in the April-June quarter of last fiscal, 2013-14, Trent Ltd said in a filing to the ...
- Tesco, Trent mum on future plans for multi brand retailWhen contacted, Tesco and Trent declined to comment on their future business plans after BJP made its position on multi brand retail clear.
- Govt okays multi-brand FDI, Tesco and Vodafone’s Rs 11k cr investment proposalWith clearance from the Foreign Investment Promotion Board in place, Tesco becomes the first MNC to enter multi-brand retail in India.
- Tatas hot on joint ventures in sectors opened up for foreign capitalTata Group has shown remarkable alacrity in entering new sectors that have been opened up for foreign investment through the joint venture ...
- UK-based Tesco applies to open supermarkets in India in JV with TatasTesco proposes to set up a 50-50 JV with its existing Indian partner Trent, a Tata group firm, to open retail stores in Bengaluru and Kolha...
- FDI in India: Retailers issue gag orders to staffGrowing political uproar over FDI in retail sector forces MNCs, Indian retailers to instruct employees to keep low-profile.
- FDI in multi-brand retail: Will 15-year journey end today?It will bring in precious dollars at a time when economy is slowing, food prices are rising & govt is being accused of policy paralysis.
- Cash-&-carry gets ready for national rolloutExisting players Bharti Wal-Mart and Metro Cash & Carry are scaling up operations even as Carrefour and Tesco are drawing out rollout plans.
- Finmin wants curbs on sales by foreign wholesaler to arm easedFinance ministry has recommended easing of guideline that effectively banned sales between a foreign investment-funded wholesale company an...
- TCS, Wipro eye $400 mn Target outsourcing dealTech firms are pursuing Target's technology centre for acquisition, a transaction bundled with an outsourcing deal worth $300-400 mn. Top 1...
- Reliance exits cash & carry bizReliance Retail has dumped its cash & carry business, or wholesale trading plans, with the entire operational management headed for an exit...
- Spain's Inditex may shun DLF in favour of Tata for India forayTata Group retail venture Trent is learnt to be tying up with Spanish apparel brand Zara. The flagship chain store of the $15-bn Inditex Gr...
- M&M in JV with Capespan to drive retailStepping on the gas to drive its retail ambitions, the Mahindra & Mahindra Group has inked a 50:50 JV with a South African international su...
- Tatas in talks with Woolworths for retail forayTata Group’s is learnt to be close to signing up with Woolworths, to enter food & grocery retailing.
- The race is onThe retail sector is expecting a CAGR of 35% over the next four years - reason enough for some of the biggest global chains to head for Ind...
- Wal-Mart steps in as Tesco quitsWal-Mart is believed to be close to striking a deal with the Sunil Mittal led-Bharti Industries.
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