Head of the Tata Group Ratan Tata would like to retire from active business life after his dream project “the Rs one-lakh car” is launched successfully. Tata said, “In an ideal world, after the small car has been launched and is successful, that would be a nice time for me to exit,” to a daily. Tata […] ↓ Read the rest of this entry…
Gaurav Choudhury, Hindustan Times, New Delhi, January 23, 2008 Tata Tea, part of the multi-billion dollar Tata Group, has announced plans to enter into the food-and-beverage (F&B) retailing segment and opened its first outlet in the Indian Institute of Management (IIM) campus in Bangalore on Tuesday. The outlet is the first in a chain of […] ↓ Read the rest of this entry…
Reliance is about to launch a retail revolution in India – from no stores to 1,500 outlets in just six months. The reverberations will be felt across the world, says James Hall In April a Mumbai branch of Sahakari Bhandar, a dowdy Indian state-owned department store, closed mysteriously for renovation. It reopened a month later […] ↓ Read the rest of this entry…
Tesco Plc, the U.K.’s biggest supermarket chain, chose Tata Group’s Trent Ltd. as its partner for a chain of wholesale stores in India, almost two years after ending talks on a venture with the Bharti Group. Tesco will invest 60 million pounds ($114 million) in the venture over two years, the Cheshunt, England-based company said […] ↓ Read the rest of this entry…
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