Latest News on Tata Trent
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Tata Trent - Total results - 7
Jan 14, 2014
India No 1 investment destination among BRICS for British cosExamples of deals include BP's tie-up with Reliance Industries, which was worth USD 7.2 billion. More recently, with India opening up its retail sector for foreign direct investment (FDI), Tesco has agreed a deal with Tata to launch a chain in the country.
Dec 31, 2013
To the brink and back: Key business events in 2013The RBI starting the year off with rate cuts and then reversing its stance on concerns about widening current account deficit. Fears that the US Federal Reserve will start cutting its bond purchase programme sooner than expected only added to the worries. Foreign funds pulled out of the Indian equities and debt in hoards.
Dec 31, 2013
FIPB nod will allow Tesco to work on setting up JV with Tata TrentThe retail major plans to initially invest USD 110 million in the multi-brand retail foray, including for the acquisition of 50 per cent stake in Trent Hypermarket Ltd, a wholly-owned subsidiary of Trent Ltd.
Dec 30, 2013
FIPB approves Tesco FDI, Vodafone's India buyout planIndia allowed foreign companies in the telecommunications sector to raise their holdings to 100 percent from 74 percent in their Indian businesses in August.
Dec 24, 2013
FIPB to take up Tesco's retail proposal on Dec 30If the application is approved, Tesco will pick up a 50 percent stake in Trent Hypermarket Ltd, a wholly owned subsidiary of Trent Ltd, a Tata group company.
Dec 23, 2013
Sharma says European major could follow Tesco to IndiaLast week, UK-based Tesco Plc became the first global retailer to seek government's approval to set up multi-brand outlets in India with a plan to invest USD 110 million in partnership with Tata's Trent.
Dec 19, 2013
Tesco claims 'phenomenal pressure from India' to invest hereIt took months of arm-twisting and assurances from New Delhi to persuade British retailer Tesco Plc to take the plunge and become the first foreign player to set up a chain of supermarkets in India.