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TESCO PLC UK
Tesco Business Services appoints Sanjay Dora as COOIn his new role, Dora will be responsible for smooth management of operations, compliance, governance, and providing country leadership to ...- Tesco hasn’t been offered a deal by UK prosecutor, CEO Dave Lewis saysHe shot down speculation the grocer was in settlement talks with UK prosecutors, saying they haven’t been offered a deal to resolve the acc...
- Tesco’s Indian arm undertakes layoffs across various levels to reduce costsIn last three months, at least 100 employees have been told to leave, number may go up to 600 soon.
- India only received investment bid in multi-brand retail from Tesco: Textiles MinisterApart from UK-based Tesco Plc, the government has not received any other proposal for investment in the country's multi brand retail sector...
- Trent shares gain nearly 6% on boursesTrent's scrip ended 5.68 per cent higher at Rs 1,110.95 on the BSE. During the day, the stock surged 10.15 per cent to Rs 1,158.
- Trent shares trim early gains on profit-taking"Tesco in its proposal has stated that it wishes to take a 50% stake in Trent Hypermarket, which is currently totally owned by the Tatas," ...
- FIPB nod will allow to work on setting up JV with Trent: TescoThe apporval by FIPB to the proposal to invest $110 million in the Indian multi-brand retail segment will allow to work on practicalities.
- Trent shares up 2% on hopes FIPB would clear Tesco's proposalTrent's scrip settled at Rs 1,257.75, up 2.03 per cent from its previous close on BSE. During the day, the stock soared 4.24 per cent to Rs...
- FIPB clears Tesco's multi-brand retail proposalIndia's Foreign Investment Promotion Board has approved Tesco Plc's proposal to invest $110 million to set up supermarkets.
- FIPB to decide on Tesco, HDFC Bank, Vodafone proposals tomorrowTesco is the first global retailer to apply for multi-brand retailing after the govt allowed 51 pc FDI in the segment in September last yea...
- Foreign Investment Promotion Board to take up Tesco's multi-brand retail proposal on December 30FIPB will on December 30 take up UK-based Tesco Plc's proposal to enter the Indian multi-brand retail segment with an initial investment of...
- 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."
- Tatas may have prodded Tesco to decide on IndiaIn a presentation to analysts as late as in October, UK retailer Tesco Plc placed India among its lowest preferred investment destinations ...
- 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.
- Tesco likely to submit application for multi-brand retailCommerce and Industry Minister Anand Sharma today indicated that the country will receive a proposal for the multi-brand retail store, thou...
- 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...
- Tesco boss Philip Clarke calls on Ratan Tata as FDI in retail gets go-aheadPhilip Clarke made a hush-hush visit over the weekend and met Ratan Tata and other Tata officials to set the ball rolling on the retailer's...
- Tesco year profit tops 2.5 bln stg, ups cash returnBritain's biggest retailer said on Tuesday it expected to return at least 3 billion pounds to investors, up from 1.5 billion previously.
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