Tesco
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Mukesh Ambani's Reliance Retail valued at $34 bn in new share-swap scheme; bigger than UK's supermarket chain, Tesco
•The valuation of Reliance Retail, which is also the top wholesale supplier to small shopkeepers, is double that of Avenue Supermarts Ltd, which runs India's biggest supermarket chain. Tesco is valued at $32 billion
Walmart eyes tie-ups with local players in UK, India to stem market share losses; multi retail giant scales back in other markets
•The moves underscore Walmart’s renewed focus on catching up with competitors, ranging from grocer Aldi Inc to Amazon.com Inc, in key international markets.
HDFC Bank Selected For Citrix 2009 Innovation Award
Fp Archives •Using XenApp and Citrix NetScaler, HDFC Bank is continuing to expand delivery of commercial banking services to India's underserved geographical areas.
Cable And Wireless To Create Global Telecom Network For Tesco
Fp Archives •The new telecommunications network will streamline Tesco's existing systems into a single, efficient IP network, based on next generation platforms.
Tesco, British supermarket set to regain dominance over UK market
Fp Archives •Two 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.
Bank of England pushes the cyber security testing framework for banks with CBEST
Fp Archives •The 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.
Hackers steal $3 million from Tesco bank; full service resumes after suspension
Fp Archives •Retailer 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.
Tesco Bank stops online transactions after money stolen from 20,000 bank accounts
Fp Archives •Tesco 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.
Microsoft enterprise products to get costlier in UK after pound falls
Fp Archives •Microsoft 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.
Walmart focuses on wholesale business, says Indian market important, long term
Fp Archives •Walmart 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.