Trent Ltd

Tata Sons will hike its stake in Trent Ltd to 27.74 per cent by acquiring 1.17 per cent shareholding as part of restructuring of its investment portfolio.

Tata Group retail firm Trent Ltd on Thursday reported a 60.62 per cent jump in standalone net profit at Rs 23.29 crore for the first quarter ended June 30, 2016.

Shares of Trent Ltd settled with over 5 per cent gains on Tuesday after the firm said its Board approved stock-split of equity shares having a face value of Rs 10 per share into equity shares of Re 1 each.

Tata group firm Trent Ltd on Wednesday said it has acquired a 6.91 per cent additional stake in Fiora Services Ltd from Tata Investment Corporation Ltd.

Tata Group's retail firm, Trent Ltd, on Thursday said online retail giant Amazon has picked up a 26 per cent stake in its publishing arm Westland for Rs 9.5 crore.

Tata group retail firm Trent Ltd on Thursday reported a standalone net profit of Rs 16.06 crore for the fiscal first quarter that ended on June 30, 2015.

According to the Trent, its results are not comparable as British retail major Tesco picked up stake in 50 per cent stake in Trent Hypermarket Ltd (THL) during the year.

Tata group firm Trent Ltd on Monday raised Rs 300 crore through unsecured redeemable non-convertible debentures (NCDs) on a private placement basis.

The retail firm had reported net profit of Rs 15.6 crore in the July-September quarter of last fiscal.

The extant FDI policy in Multi-Brand Retail Trade (MBRT) stipulates that at least 30 per cent of the value of procurement of manufactured/processed products purchased shall be sourced from Indian micro, small and medium industries, which have a total investment in plant & machinery not exceeding $2 million.

Tata group retail firm Trent Ltd on Thursday reported an over three-and-half-fold increase in standalone net profit at Rs 61.11 crore for the first quarter that ended on June 30, 2014-15, boosted by partial sale of stake in Trent Hypermarket to Tesco of the UK.

The Competition Commission of India (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.

The companies, which the report estimated generated $3.98 billion or Rs 23,482 crore in revenue during the same period, include Wal-Mart's Indian operations which run the Best Price Modern Wholesale stores, Metro Cash & Carry India, Aditya Birla Retail, Bharti Retail Ltd, Reliance Fresh Ltd which is a part of Reliance Industries, and Trent Hypermar...

Tata group firm Trent Ltd on Wednesday reported a 28 per cent increase in standalone net profit at Rs 24.96 crore for the fourth quarter that ended on March 31, 2014.

Tata group firm Trent Ltd on Thursday said it has reappointed Philip Auld as chief executive officer (CEO) and manager of the company for a period of three years with effect from May 1, 2014.

Tata Sons will hike its stake in Trent Ltd to 27.74 per cent by acquiring 1.17 per cent shareholding as part of restructuring of its investment portfolio.

Tata Group retail firm Trent Ltd on Thursday reported a 60.62 per cent jump in standalone net profit at Rs 23.29 crore for the first quarter ended June 30, 2016.

Shares of Trent Ltd settled with over 5 per cent gains on Tuesday after the firm said its Board approved stock-split of equity shares having a face value of Rs 10 per share into equity shares of Re 1 each.

Tata group firm Trent Ltd on Wednesday said it has acquired a 6.91 per cent additional stake in Fiora Services Ltd from Tata Investment Corporation Ltd.

Tata Group's retail firm, Trent Ltd, on Thursday said online retail giant Amazon has picked up a 26 per cent stake in its publishing arm Westland for Rs 9.5 crore.

Tata group retail firm Trent Ltd on Thursday reported a standalone net profit of Rs 16.06 crore for the fiscal first quarter that ended on June 30, 2015.

According to the Trent, its results are not comparable as British retail major Tesco picked up stake in 50 per cent stake in Trent Hypermarket Ltd (THL) during the year.

Tata group firm Trent Ltd on Monday raised Rs 300 crore through unsecured redeemable non-convertible debentures (NCDs) on a private placement basis.

The retail firm had reported net profit of Rs 15.6 crore in the July-September quarter of last fiscal.

The extant FDI policy in Multi-Brand Retail Trade (MBRT) stipulates that at least 30 per cent of the value of procurement of manufactured/processed products purchased shall be sourced from Indian micro, small and medium industries, which have a total investment in plant & machinery not exceeding $2 million.

Tata group retail firm Trent Ltd on Thursday reported an over three-and-half-fold increase in standalone net profit at Rs 61.11 crore for the first quarter that ended on June 30, 2014-15, boosted by partial sale of stake in Trent Hypermarket to Tesco of the UK.

The Competition Commission of India (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.

The companies, which the report estimated generated $3.98 billion or Rs 23,482 crore in revenue during the same period, include Wal-Mart's Indian operations which run the Best Price Modern Wholesale stores, Metro Cash & Carry India, Aditya Birla Retail, Bharti Retail Ltd, Reliance Fresh Ltd which is a part of Reliance Industries, and Trent Hypermar...

Tata group firm Trent Ltd on Wednesday reported a 28 per cent increase in standalone net profit at Rs 24.96 crore for the fourth quarter that ended on March 31, 2014.

Tata group firm Trent Ltd on Thursday said it has reappointed Philip Auld as chief executive officer (CEO) and manager of the company for a period of three years with effect from May 1, 2014.