Tata Group - food industry company news Tata GroupCompany news RSS feed

BJP leader Narenda Modi, seen as frontrunner to be IndiaINDIA: BJP plans to ban foreign supermarkets entering retail sector

7 April 2014

Indian political party Bharatiya Janata Party (BJP), which is expected to lead the country's next government, has said it plans to ban foreign supermarkets from entering its retail sector.

INDIA: Tesco to invest GBP85m in Tata JV

21 March 2014

UK retailer Tesco has confirmed that it will invest GBP85m (US$132m) to establish a multi-brand retail joint venture with Trent Ltd, part of the Tata Group, in India.

just-food's 2014 outlook: International retailers continue to bring focus home

30 January 2014

The world of international food retail has undoubtedly got a little less international in recent years and 2014 looks likely to see the big guns continue to take an empire-building breather and sort out their troubled home markets while undertaking only modest overseas activities. Glynn Davis reports.

Comment: Investment boosts reputations of Tesco and New Delhi

23 December 2013

It is, for both sides, an investment that can help improve their reputations. Tesco's plan to run multi-brand retail outlets in India demonstrates to the market the UK retailer, for all its problems, still has plans for growth. India's government will be happy that, 15 months after it pushed through plans to allow overseas players to invest in multi-brand retailers, someone has finally taken the bait.

INDIA: Tesco bids to run multi-brand outlets

17 December 2013

Tesco has set out a plan to become the first foreign retailer in India to run multi-brand outlets, with an application to invest in local operator Trent Hypermarket.

India briefing: FDI promise remains for reluctant investors

31 October 2013

In September last year, India's government relaxed regulations allowing foreign direct investment (FDI) in multi-brand retail. One year on and the reaction from international investors has been lukewarm. Michelle Russell takes a look at why international grocery retailers have not yet taken advantage of the new rules and whether this is likely to change in the foreseeable future.

just-food's outlook for 2013: the international retail scene

31 January 2013

2012 was undoubtedly a year of economic pressure for grocery retailers, as consumer spending continued to constrict. With little less pressure expected in 2013, will we see the trend towards internationalisation slow further? Michelle Russell takes a look at some of the key trends that will shape the international retail scene.

INDIA: Tesco, Tata "in India expansion talks"

10 December 2012

UK retail giant Tesco is understood to be looking at expanding further into India just days after announcing a review and potential exit from its troubled US venture.

INDIA: FDI will benefit retail sector - Tesco CFO

8 December 2011

More overseas investment would benefit India's retail sector, Tesco CFO Laurie McIlwee insisted today (8 December).

The just-food management briefing - the globalisation of food retail - China, India and the US

21 March 2011

In part two of just-food's management briefing on the globalisation of food retail, Glynn Davis looks at three markets where the trend, in different ways, has taken hold - China, India and the US.

BRICs and beyond: East benefits from the global economy's shifting sands

9 November 2010

Of all the media coverage of this economic crisis, one line has stuck in my mind more than any other, and it perfectly sums up the shifting global economic axis. "This isn't a global recession, it's a Western recession."

INDIA: Tata Global Beverages to begin offering food

24 August 2010

Tata Global Beverages Ltd (TGB), the joint venture between Pepsico India and Tata Tea, plans to enter into the global food industry with a range of healthy food products.

S AFRICA: Shoprite hints at Indian exit

3 March 2010

South African retailer Shoprite Holdings today (3 March) hinted the company was likely to quit India over frustrations at the rules governing foreign ownership of local businesses.

INDIA: Future Group admits JV talks with global retailers

16 February 2010

Indian conglomerate Future Group has confirmed that it is mulling the formation of a joint venture with a number of international retailers.

INDIA: Tesco plans first cash-and-carry this year

21 January 2010

Tesco has confirmed that it plans to open its first wholesale cash-and-carry outlet in India this year.

FRANCE: Carrefour “nearing” India partnership

19 January 2010

French supermarket group Carrefour is reportedly nearing an agreement with India’s largest retailer, Pantaloon Retail.

FDI off India's menu but rural push will help retailers

7 July 2009

The world's top food retailers may not have got the news they were looking for when India's new government published its first annual budget yesterday (6 July). Despite apparent support in some political circles for a loosening of the laws restricting foreign investment in Indian retail, the budget made no mention of any reform. However, as Dean Best reports, the likes of Wal-Mart, Tesco and Metro Group should still be cheered by India's plans for modernisation.

Ten facts on Indian retailing

13 August 2008

India has attracted increasing attention from multinational retailers in recent years. Alongside China, India is viewed as one of the top economic powerhouses of Asia, generating 19.8% of the Asia-Pacific region's food retail value. While India’s organised retail market is still in its infancy it offers huge potential for expansion. Here are ten quick facts on Indian retail.

INDIA: Tesco announces India venture

12 August 2008

Retail giant Tesco has today (12 August) announced its intention to develop a wholesale cash-and-carry business in India.

Tesco sets the stage for Indian expansion

12 August 2008

Tesco has unveiled plans to enter the Indian retail market by establishing a wholesale business in Mumbai. The UK-retailer has also inked a deal to help expand Tata Group’s hypermarket chain Star Bazaar. While Tesco’s level of investment remains relatively small, the move clearly sets the stage for future expansion into India’s burgeoning organised retail sector. Katy Humphries reports.

INDIA/AUS: Tata "mulling Woolworths retail venture"

5 July 2007

Indian conglomerate The Tata Group has reportedly indicated it is looking to set up supermarkets in the country alongside Australian retail giant Woolworths.

INDIA: Tata Group moves into processed foods

4 July 2007

Indian conglomerate The Tata Group has made a foray into processed foods with the acquisition of a majority stake in Innovative Foods.

INDIA: Tesco eyes market as tie-up rumours continue

8 May 2007

Tesco has confirmed its interest in the possibility of expanding into the Indian market.

INDIA: Tesco in talks to find retail partner

26 February 2007

The UK’s Tesco is reportedly in talks with potential Indian partners, including Tata Sons, with a view to entering the country’s burgeoning US$300bn retail market.

Welcome to the home of food information, insight & intelligence

Not a member? Join here