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TESCO ENTERPRISE
OpenAI creates new unit with $4 billion investment to aid corporate AI pushOpenAI is launching a new venture with over four billion dollars. This new company will help businesses build and use artificial intelligen...- Tesco buys Isle of Man Shoprite stores. What will happen to Shoprite stores now?First set up in 1972, Shoprite stores in the Isle of Man have been sold to Tesco. Tesco has its own plan for the nine stores it has bought.
- Competition Commission slaps Rs 3 crore penalty on TescoCompetition Commission has slapped a penalty of Rs 3 cr on Tesco for delay in filing notice related to its purchase of 50% stake in Trent H...
- Tesco upbeat on India plans despite BJP opposition to FDITesco has outlined India, along with China and Turkey, among markets it wanted to refocus for a more profitable approach to growth.
- 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.
- Tesco proposal to invest in Trent Hypermarket gets DIPP nodThe Department of Industrial Policy and Promotion (DIPP) has approved Tesco's application to invest in Tata-owned Trent Hypermarket.
- Another European major to come into multi-brand retail: Anand Sharma"In multi-brand retail trading, the first (application) has come. There will be more and I think another European major will come," Anand S...
- Tesco says India investment based on business considerations"Since the FDI policy was liberalised, we have reviewed various possibilities and the current proposal is an outcome of these reviews."
- BJP must welcome FDI in retailThe ruling Congress had staked its majority when it turned down opposition from the Trinamool to open up the retail industry.
- Tesco needs to invest $ 55 mn in back-end if proposal okayedTesco, which has sought the government's permission to buy 50 per cent stake in Tatas-owned Trent Hypermarket Ltd, will have to invest atle...
- Trent rallies 18% as Tesco seeks nod to buy 50% stake for $110 millionPost the acquisition of the stake in Trent, Tesco will become the first foreign chain to invest in supermarkets in India since FDI was allo...
- Tesco seeks nod to buy 50% in Trent, approaches DIPP to invest $110 million in Tata coTesco Plc, UK's largest retailer, plans to acquire a 50% stake in the Tata-owned Trent Hypermarkets for $110 million.
- 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...
- Tesco seeks changes in retail FDI sourcing norms, promises to invest in IndiaTesco wants its purchases from farmers to be included in the 30% mandatory sourcing from micro & small enterprises, a condition difficult t...
- Mahindra says not in talks with UK's TescoDiversified conglomerate Mahindra and Mahindra on Frday said it is not in talks with British retail giant Tesco regarding any partnership f...
- UK's Tesco identifies partner for India forayTesco is in exclusive talks with a secret party after working its way through 30 potential partners, a media report said. Social networking...
- Tesco wants to ride Hero for retail forayThe co has been in talks with Tata Group & Bharti Enterprises to enter the $300 bn retail market in India.
- Wal-Mart’s gain is not Tesco’s loss in IndiaSunil Mittal’s Bharti Enterprises may have chosen Wal-Mart over Tesco as its retail partner, but that hasn’t crashed the UK retailer’s fait...
- Bharti, Wal-Mart announce dealThe two companies will study and evaluate the retail market and identify business opportunities together.
- Bharti's retail model to be finalised by OctoberBharti Enterprises plans to finalise its retail business model this October, Bharti Enterprises chairman Sunil Mittal indicated on Friday.
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