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TRENT TESCO JV
HSBC starts coverage on Trent with buy, sees 19% upside on Zudio growthHSBC Global Research initiated coverage on Trent Ltd with a 'buy' rating and ₹6,700 target, citing Zudio’s strong growth, robust execution,...
Exclusive | Indian ecommerce in a gold rush, where only a few will strike gold: Tesco CEO Ken MurphyHistorically, Tesco itself went through a turnaround from 2015 to 2020, which probably slowed down our rate of investment in the JV, now we...
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 ...
Tata-Tesco JV to open 50 retail stores, distribution centre in HyderabadThe expansion is part of the 200 stores planned for Mumbai, Pune, Hyderabad and Bengaluru. The retailer currently has 45 stores across thes...
Mapping the market: 1,600 points in 3 days; look who is having all the funAs dust settles on Dalal Street after a nerve-wrecking runup to the Union Budget of 2016, foreign institutional investors are back with a b...
FDI in multi-brand retail: Tata-Tesco JV plans Rs 250 crore investment to open more storesThe planned expansion is likely to be seen as a test case for the ruling BJP’s stance towards foreign direct investment in the supermarket ...
Trent Q1 profit jumps 3.5-fold to Rs 61.11 crIt 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 ...
Trent rallies over 6% as Tesco completes establishment of a 50:50 JVThe latest development comes days after the Tesco-Trent alliance received the final nod for a joint venture from the Competition Commission...
Trent rallies over 2% as Tesco completes establishment of a 50:50 JVThe latest development comes days after the Tesco-Trent alliance received the final nod for a joint venture from the Competition Commission...
Tesco completes JV with Trent; first foreign supermarket chain to bring FDI in multi-brand retailThe latest development comes days after the Tesco-Trent alliance received the final nod for a joint venture from the Competition Commission...
Tesco, Trent mum on future plans for multi brand retailWhen contacted, Tesco and Trent declined to comment on their future business plans after BJP made its position on multi brand retail clear.
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.
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.
Tatas hot on joint ventures in sectors opened up for foreign capitalTata Group has shown remarkable alacrity in entering new sectors that have been opened up for foreign investment through the joint venture ...
Split with Bharti: Why Walmart will stick to India’s retail story, despite hurdlesFalling sales in home market, mixed growth in other markets and huge potential in India mean the retail giant will grin and bear the uncert...
FDI, Wal-Mart & controversies: An eventful year for retailEven before its entry into multi-brand retail, the global chain Wal-Mart was grappling with various issues.
- FDI in multi-brand retail: Will 15-year journey end today?
It will bring in precious dollars at a time when economy is slowing, food prices are rising & govt is being accused of policy paralysis.
- Cash-&-carry gets ready for national rollout
Existing players Bharti Wal-Mart and Metro Cash & Carry are scaling up operations even as Carrefour and Tesco are drawing out rollout plans.
- Spain's Inditex may shun DLF in favour of Tata for India foray
Tata Group retail venture Trent is learnt to be tying up with Spanish apparel brand Zara. The flagship chain store of the $15-bn Inditex Gr...