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India Gets its First FDI Investment in Multi-Brand Retail with Tesco Completing the JV with Trent Ltd.

India has got its first foreign investor for the country's multi-brand retail sector with Tesco bringing the first set of FDI investment after having completed the 50:50 JV with Tata's Trent Limited. The JV, Trent Hypermarket Limited (THL) runs...

British Retailer Tesco Gets CCI Nod for Buying 50% Stake in Trent Hypermarket

Fair trade regulator CCI has cleared British retailer Tesco’s purchase of a 50 percent stake in Tata Group firm Trent Hypermarket, the first FDI transaction in multi-brand retail since the sector was opened up in 2012, according to PTI.Approving...

RIL donates Rs 11 cr for Bihar flood victims

As part of its corporate social responsibility (CSR), Reliance Industries Ltd has donated Rs 11 crore to the Bihar Chief Minister’s Relief Fund for taking forward the government’s relief and rehabilitation program towards its flood victims.While handing the cheque...
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India has lost one of its tallest leaders, finest economists: K M Birla

Mourning the death of former Prime Minister Manmohan Sing, Birla said over several decades in public life, his intellect,...
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