Apart from UK-based Tesco Plc, the government has not received any other proposal for investment in the country's multi brand retail sector...

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

Trent'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.

The latest development comes days after the Tesco-Trent alliance received the final nod for a joint venture from the Competition Commission...

"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," ...

The apporval by FIPB to the proposal to invest $110 million in the Indian multi-brand retail segment will allow to work on practicalities.

Trent'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...

India's Foreign Investment Promotion Board has approved Tesco Plc's proposal to invest $110 million to set up supermarkets.

FIPB 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...

"Since the FDI policy was liberalised, we have reviewed various possibilities and the current proposal is an outcome of these reviews."

In a presentation to analysts as late as in October, UK retailer Tesco Plc placed India among its lowest preferred investment destinations ...

Post the acquisition of the stake in Trent, Tesco will become the first foreign chain to invest in supermarkets in India since FDI was allo...

Commerce and Industry Minister Anand Sharma today indicated that the country will receive a proposal for the multi-brand retail store, thou...

Tesco wants its purchases from farmers to be included in the 30% mandatory sourcing from micro & small enterprises, a condition difficult t...

Move may help the global retail chain to trim its costs and develop local expertise before opening shops in the country.

Tesco PLC, the world's third-biggest retailer, said Tuesday it plans to expand its presence in China by opening new stores in the eastern c...