Shares in supermarket chain Trent(TREN.NS) rose 3.9 percent a day after the foreign investment regulator approved a $110 million investment plan by Britain's Tesco(TSCO.L).
Tesco this month took the initial steps to becoming the first foreign company to set up a chain of supermarkets in India's $500 billion retail sector after announcing it had applied to buy a 50 percent stake in Tata Group's Trent Hypermarket.
Tesco this month took the initial steps to becoming the first foreign company to set up a chain of supermarkets in India's $500 billion retail sector after announcing it had applied to buy a 50 percent stake in Tata Group's Trent Hypermarket.
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