User: rohan Topic: Foreign Direct Investment in Retail
Category: Big Box Retailers :: Tesco
Last updated: Dec 01 2017 18:51 IST RSS 2.0
 
1 to 20 of 1,905    
Tata Group soft launches grocery etailing platform StarQuik.com, to deliver in Mumbai initially 1.12.2017 DNA: Mumbai
Tata Group, the $144.7 billion multinational conglomerate, has jumped the online grocery shopping bandwagon with the soft launch of its etailing platform StarQuik.com.  Earlier this year in June, it had acquired (for an undisclosed sum) Gurgaon-based GrocerMax that was co-founded by food and grocery retailing veteran K Radhakrishnan who is currently co-founder at Tata STARQUIK.COM. The management team, expertise and technology infrastructure that came along with the GrocerMax's acquisition was utilised by Tata's to put together the StarQuik.com etailing platform that's currently in the pilot stage. DNA Money had first reported about Tata Group's plans of entering food and grocery retailing in April 2013. Trent Ltd, the group's retail arm that operates an equal joint venture with UK retail major Tesco called Trent Hypermarket Ltd, was testing the waters and had launched an online grocery retailing pilot.  The grocery e-commerce platform launched in 2013 was christened my247market.com and was owned and ...
Also found in: [+]
Fate of Future Consumer and Brooker Group JV uncertain 7.11.2017 Business Standard: News Now
Tesco has a JV with Trent Hypermarket in India, which runs stores under the Star brand
Also found in: [+]
Third tweak in retail sourcing norms may open floodgates for FDI 11.10.2017 Business Standard: Front Page Headlines
As part of FDI retail policy compliance, international chains have been asking the govt for years to count their India sourcing for global operations
Also found in: [+]
Tata Group to take on Bigbasket and Amazon in online grocery retail 19.9.2017 ET: Retailing
“Trent plans to shut its smaller format Star Daily, which will help them cut costs in rentals and at the same time serve those catchment areas through online,” said one of the officials.
Also found in: [+]
Shares in Britain's B&M rise on report Asda eyeing takeover bid 24.7.2017 TOI: Intl Business
B&M EUROPEAN-M&A/ASDA (URGENT):Shares in Britain's B&M rise on report Asda eyeing takeover bid
Also found in: [+]
Asda eyeing 4.4 bln stg bid for B&M - Sunday Times 23.7.2017 TOI: Intl Business
B&M EUROPEAN-M&A/ASDA:Asda eyeing 4.4 bln stg bid for B&M - Sunday Times
Also found in: [+]
UPDATE 1-UK Stocks-Factors to watch on June 26 26.6.2017 Sify Finance
(Adds futures, company news item)
Also found in: [+]
Tata Group to enter online grocery business by acquiring Gurgaon-based GrocerMax 26.6.2017 ET: Retailing
GrocerMax is a hybrid platform for grocery that keeps only 10% inventory, sourcing the rest from supermarkets and provisional stores in real time.
Also found in: [+]
FoodCloud ends the culture of waste 24.6.2017 Hindu: Home
Project to re-distribute food from retail outlets close to sell-by date is a success in Ireland, and is catching on in Britain
Also found in: [+]
Tata-Tesco JV to open 50 retail stores, distribution centre in Hyderabad 23.6.2017 ET: Retailing
The expansion is part of the 200 stores planned for Mumbai, Pune, Hyderabad and Bengaluru. The retailer currently has 45 stores across these cities.
Also found in: [+]
Star Bazaar to open 25-plus outlets in 2017; eyes 200 by 2020 15.5.2017 ET: Retailing
Star Bazaar today revamped its loyalty programme and partnered with SBI Card and Tata Capital to offer more rewards on the shopping experience at its stores.
Also found in: [+]
Star Bazaar to increase store count to 200 in 3yrs, launches Tata Star Card 15.5.2017 Business Standard: News Now
Company will focus on opening smaller format stores that offer convenience of being in neighborhood
Also found in: [+]
Tesco Bengaluru brings on board Sumit Mitra as CEO 25.4.2017 ET: IETS
Mitra will be joining the company from BT, where he is currently managing director, central business services and India country manager.
Also found in: [+]
We aren't looking at new states for store roll-out: Walmart India CEO 14.4.2017 Business Standard: News Now
Interview with Krish Iyer, President & CEO, Walmart India
Also found in: [+]
No proposal to review FDI in multi-brand retail: Govt 10.4.2017 News
Current FDI policy permits overseas players to hold 51% stake in an Indian retail company
Also found in: [+]
No proposal to review FDI in multi-brand retail, clarifies govt 10.4.2017 DNA: Popular News
The government today said there is no proposal under its consideration to review the foreign direct investment (FDI) policy in the multi-brand retail sector. "No proposal is under consideration of the government to review the extant FDI policy on multi-brand retail," Commerce and Industry Minister Nirmal Sitharaman said in a written reply to the Lok Sabha. The current foreign direct investment policy permits overseas players to hold 51 per cent stake in an Indian retail company. So far, only one foreign player, Tesco, has received approval for opening stores under the multi-brand retail policy. Replying to a separate question, she said that government has been interacting with investors to identify issues for promoting FDI in the food processing sector. "Several issues including sale of home and personal care products have been raised by investors," the minister said. Food Processing Minister Harsimrat Kaur Badal had earlier indicated that the government is actively considering a proposal to allow FDI in ...
Also found in: [+]
No proposal to review FDI in multi-brand retail: Government 10.4.2017 ET: Policy
The current foreign direct investment policy permits overseas players to hold 51 per cent stake in an Indian retail company.
Also found in: [+]
No proposal to review FDI in multi-brand retail 10.4.2017 Budget 2017, Income Tax - India Budget 2017 Updates, Union Budget 2017 Latest News, Railway Budget 2017 | Times of India
The current foreign direct investment policy permits overseas players to hold 51 per cent stake in an Indian retail company. So far, only one foreign player, Tesco, has received approval for opening stores under the multi-brand retail policy.
Also found in: [+]
Future Group planning 'loyalty-driven' convenience stores 4.4.2017 ET: Retailing
No one can match the prices we will offer. We have built the entire ecosystem such as logistics, partnership with FMCG companies and customer database, said Kishore Biyani, CEO, Future Group.
Also found in: [+]
Trent names Marks and Spencer Reliance India MD Venu Nair as its new commercial officer 1.4.2017 ET: Retailing
Nair is expected to join Trent by the end of April. He will report to Philip Auld, who took over as the chief executive of the BSE-listed company three years ago.
Also found in: [+]
1 to 20 of 1,905