In last three months, at least 100 employees have been told to leave, number may go up to 600 soon.

A spokesman for Tesco, which revealed the closures earlier this month, confirmed that 2,000 jobs were under threat.

Profit was overstated by £263 million ($422 million), with some of that amount pre-dating this year, the Cheshunt, England-based company sa...

Tesco, which has lost 20 percent of its market value this month after three profit warnings and the accounting mis-statement.

Buffett has been cutting the stake, owning 3.7% of the shares as of December 31, according to Berkshire Hathaway’s annual report.

It 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 ...

"The overall market is weaker... this means that sales and trading profit in the first half of the year are somewhat below expectations."

Currently, Star Bazaar has 12 hypermarket stores, each spread over 40,000-80,000 square feet. Trent Hypermarket Ltd (THL) operates the Star...

Tesco has outlined India, along with China and Turkey, among markets it wanted to refocus for a more profitable approach to growth.

Tesco had finalised a deal to become the first foreign supermarket to enter India's 330-billion pound multi-brand retail sector last month.

"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," ...

British retail major Tesco saw sales climb 8.2 per cent for the thirteen weeks ended May, 2010, helped by good growth in the US and Asia.

Tesco posted a robust annual profit of 3.18 billion pounds, expects to open its first cash-and-carry store in India by the end of this year.

British supermarket chain Tesco will create 16,000 jobs this year, the company said on Tuesday after announcing a 9.3 per cent rise in net ...

Leading retail chain Tesco is planning to get into the banking business by offering current accounts and mortgages to consumers, a media re...

British supermarket giant Tesco said on Tuesday that net profits soared by a fifth in 2006 to a record £1.892 billion (e2.8 billion, $3.8 b...

Tesco plans to enter in India before the middle of 2007, likely to tie up with domestic player later.