Tesco Plc, the U.K.’s largest supermarket company, plans to become the first global chain to enter India since the government allowed foreign companies to invest in multi-brand retail more than a year ago. Tesco proposed to invest about $110 million to gain a 50 percent stake in partner Trent Hypermarket Ltd., a unit of Tata Group that runs Star Bazaar supermarkets, according to a statement from the commerce ministry. The application was submitted yesterday and they plan to open between three and five new stores each fiscal year, it said. Source