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WALMART TESCO
Billionaire British brothers Mohsin, Zuber Issa and TDR buy Walmart's Asda for $8.8 billionThe deal, led by Mohsin and Zuber Issa who founded the petrol station operator EG Group nearly two decades ago, and TDR means Asda will be ...- 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 ...
- Sainsbury's, Walmart's Asda to create UK supermarket powerhouseBritain's big grocers, have been losing share to German discounters Aldi and Lidl and must also deal with growing demand for internet groce...
- 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...
- 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 ...
- 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...
- Walmart, Tesco seek assurance on non-reversal of FDI policyWalmart and Tesco have sought assurance that any change of govts at both centre and states should not result in reversal of FDI policy
- Walmart, Tesco seek assurance on non-reversal of FDI policyGlobal retailers have sought assurance from India that any change of governments at both centre and states should not result in reversal of...
- Many global retailers eyeing India: Anand SharmaGlobal retailers, including Tesco and Sainsbury’s , have expressed keen interest in setting up multi-brand retail stores in India.
- UK's Tesco expects to open first store in India by year-endTesco 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.
- Wal-Mart plans IT back office in BangaloreWal-Mart is mulling a captive IT/ITeS unit in India’s tech capital, with the potential to create several hundred jobs. Keep your PC cool I ...
- Tesco drops out on shaky FDI groundTesco has said it does not plan to enter India unless FDI is allowed in the retail sector.
- 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.
- Tesco profit jumps 20% to $3.8b on strong salesBritish 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...
- 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...
- How Wal-Mart edged Tesco outIf one tracks Wal-Mart’s final entry into India from the time it started negotiations, its behaviour and body language would resemble the d...
- Bharti, Wal-Mart announce dealThe two companies will study and evaluate the retail market and identify business opportunities together.
- Bharti, Wal-Mart announce dealThe two companies will study and evaluate the retail market and identify business opportunities together.
- Bharti's Wal-Mart deal within 2 daysThe Bharti-Wal-Mart alliance in the retail sector is set to be signed and delivered in the next few days.
- 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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