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First FDI transaction in multi-brand retail: Tesco gets CCI nod for Trent Hypermarket stake buy

2014-05-29 08:01:30| Steel - Topix.net

Fair trade regulator CCI has cleared British retail major Tesco's purchase of a 50 per cent stake in Tata Group firm Trent Hypermarket, the first FDI transaction in multi-brand retail since the sector was opened up in 2012.

Tags: buy retail transaction stake

 

INDIA: Government said to have withdrawn multi-brand retail FDI

2014-01-16 16:15:00| Daily apparel & textile news and comment - from just-style.com

The Delhi government is understood to have withdrawn approval to foreign direct investment in multi-brand retail, saying it may hinder foreign investments flowing into the country.

Tags: government india retail withdrawn

 
 

INDIA: Delhi government blocks FDI in multi-brand retail

2014-01-16 16:15:00| Daily apparel & textile news and comment - from just-style.com

The Delhi government is understood to have withdrawn approval to foreign direct investment in multi-brand retail, saying it may hinder foreign investments flowing into the country.

Tags: government india retail blocks

 

FIPB clears Tesco's $110m multi-brand retail proposal

2013-12-30 14:08:29| Steel - Topix.net

Indian multi-brand retail segment in joint venture with Tata Group company with an initial investment of $110 million .

Tags: retail proposal clears 110m

 

Tesco to approach FIPB for multi-brand retail outlet

2013-12-17 21:31:38| Steel - Topix.net

New Delhi, Dec 17 : Trent, the retail arm of the Tata Group, and UK-based retail major Tesco have been in talks regarding an investment by the latter in Trent Hypermarket Limited and Tesco is making an application to the Foreign Investment Promotion Board in this regard, THL said Tuesday.

Tags: approach retail outlet tesco

 

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