Wednesday, August 13, 2008
Now its cash and curry for Tesco
Tesco enters the Indian retail with Tata Trent and has also somehow wangled a deal to go solo with a £60 million investment in the first two years.
IMO: Private Eye (e.g. Number 1216, page 3) writes about Tesco's alleged tax swindles against the UK Government. (And we have to say for once "Good old Justice Eady, keep at these bastards"). I hope the harsh criticisms made by the Indian tax authorities against Microsoft can be followed up by even harsher criticisms and appropriate punitive remedies against Tesco who seemingly bilk and bribe and extort from all and sundry, especially small suppliers and the general public. Ordinary Indians have already put up with too much from these exploiters. The average Indian still cannot afford the prices at these supermarkets. More positively, why not open some Tescos in Goa for tourism, there at least they will get customers.
Tesco enters the Indian retail with Tata Trent and has also somehow wangled a deal to go solo with a £60 million investment in the first two years.
IMO: Private Eye (e.g. Number 1216, page 3) writes about Tesco's alleged tax swindles against the UK Government. (And we have to say for once "Good old Justice Eady, keep at these bastards"). I hope the harsh criticisms made by the Indian tax authorities against Microsoft can be followed up by even harsher criticisms and appropriate punitive remedies against Tesco who seemingly bilk and bribe and extort from all and sundry, especially small suppliers and the general public. Ordinary Indians have already put up with too much from these exploiters. The average Indian still cannot afford the prices at these supermarkets. More positively, why not open some Tescos in Goa for tourism, there at least they will get customers.
# posted by uv : 4:41 AM
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