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......

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......

Carrefour might apply if Tesco passes muster

French group Carrefour, second largest retailer in the world after Walmart, is getting ready to open stores in India, it is learnt. The company is engaged in talks with potential partners,......

Retail giant Tesco plans to enter India; partners Tata

UK-based Tesco Plc on Tuesday became the first global retailer to seek the government's approval to set up multi-brand outlets in India with a plan to invest $110 million in partnership with the......