Tata Trent

FIPB to take up Tesco's retail proposal on Dec 30

If 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.

Sharma says European major could follow Tesco to India

Last 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.

Tesco claims 'phenomenal pressure from India' to invest here

It 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.