Latest News on Tesco
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Tesco - Total results - 68
May 01, 2018
Walmart eyes tie-ups with local players in UK, India to stem market share losses; multi retail giant scales back in other marketsThe moves underscore Walmart’s renewed focus on catching up with competitors, ranging from grocer Aldi Inc to Amazon.com Inc, in key international markets.
Dec 05, 2016
Tesco, British supermarket set to regain dominance over UK marketTwo years after an accounting scandal plunged Tesco into the worst crisis in its 97-year history, the British supermarket looks set to reassert its dominance, given the edge by a transformed relationship with suppliers.
Dec 01, 2016
Bank of England pushes the cyber security testing framework for banks with CBESTThe recent theft of money from accounts at retailer Tesco's online banking arm caused the British authorities to enact contingency plans to allow lenders to share information after the attack, the Bank of England said on Wednesday.
Nov 09, 2016
Hackers steal $3 million from Tesco bank; full service resumes after suspensionRetailer Tesco Plc's banking arm said on Tuesday that 2.5 million pounds ($3 million) had been stolen from 9,000 customers over the weekend in what cyber experts said was the first mass hacking of accounts at a western bank.
Nov 08, 2016
Tesco Bank stops online transactions after money stolen from 20,000 bank accountsTesco Bank, owned by Britain's biggest retailer Tesco, halted online transactions from all current accounts on Monday after money was stolen from 20,000 of them in the country's first such cyber heist.
Oct 24, 2016
Microsoft enterprise products to get costlier in UK after pound fallsMicrosoft Corp said it will be increasing pricing for its enterprise software and cloud services in the UK in the wake of the sterling's plunge since Britons voted to leave the EU.
Apr 24, 2015
Walmart focuses on wholesale business, says Indian market important, long termWalmart International president and CEO David Cheesewright, who is in India on a three-day visit, reiterated that the company is focused on growing its wholesale business in India.
Dec 16, 2014
Govt considering six FDI proposals in single-brand retailIn January 2012, India raised the FDI cap in single-brand retail to 100 percent from 51 percent. Around 18 proposals worth $173 million were approved between April 2010 and May 2013, as per the government data.
Aug 08, 2014
Apart from Tesco, India's multi-brand retail is a no-show affairApart 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 today.
Jul 18, 2014
No decision on FDI in multi-brand retail: GovtAs per the current policy, 51 per cent FDI is permitted in multi-brand retail trading. When the UPA-led government announced the policy, BJP had strongly opposed.