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Trent Hypermarket Ltd

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FDI in retail? After Tesco, India awaits more proposals

Apart from UK-based Tesco Plc, the government has not received any other proposal for investment in the country's multi brand retail sector so far, Parliament was informed on Friday. "Government......

Tesco to open 6-8 multi-brand stores in India this year

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......

Why are global retailers in wait-and-watch mode for India?

While the controversy over allowing or banning foreign direct investment (FDI) in multi-brand retail trading (MBRT) is keeping every political party on its toes before the coming Lok Sabha......

FIPB clears Tesco's $110-mn multi-brand retail proposal

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......

Karnataka, Maharashtra Tesco-Trent's first stop

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......

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