Union minister for Commerce and Industry Anand Sharma said on Monday Karnataka and Maharashtra would be the first states to benefit from foreign direct investment in multibrand retailing. The first......
The Foreign Investment Promotion Board on Monday approved UK-based Tesco Plc's proposal to enter the Indian multi-brand retail segment in joint venture with Tata Group company with an initial......
Tesco, which has sought the government's permission to buy 50 per cent stake in Tatas-owned Trent Hypermarket Ltd, will have to invest atleast $55 million in creation of fresh back-end......
Hypermarkets, or large supermarkets, run by Tata-owned Trent and RP Sanjiv Goenka Group’s Spencer’s are tweaking their operating strategies to improve store productivity and bolster......
UK-based Tesco is chalking out expansion plans, even as most global retail majors like Walmart are waiting for a positive signal from the Narendra Modi-led central government before moving ahead......