Poging GOUD - Vrij
Culture most vital aspect of how you run a GCC: Tesco's Mitra
Mint New Delhi
|April 03, 2025
We created a service model framework to streamline 700 Tesco processes to 10 Sumit Mitra CEO, Tesco Business Solutions
Tesco Plc, one of the UK's largest retailers, was rocked by an accounting scandal and reported its worst annual loss in 2015. Its cash coffers were nearly empty, and there was a need to transform the business to get more cash.
Sumit Mitra, former BT Group managing director, was brought in by the British retailer in 2017 to head Tesco Business Solutions, the global capability centres (GCC). His sole mandate was to drive change. Today, the company has one of its oldest running GCCs in India and employs about 5,500 people at its Whitefield office in Bengaluru.
CEO Mitra spoke to Mint about Tesco's in-house centre and the work his company looks after for the parent firm (Tesco Plc). Tesco runs three other GCCs worldwide-in Budapest, Scotland, and Ireland-apart from the one in Bengaluru, employing up to 8,000 people, about 2.3% of its 338,000-strong workforce.
Edited excerpts:
What have been some of the defining trends of Tesco's GCC in India?
Dit verhaal komt uit de April 03, 2025-editie van Mint New Delhi.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint New Delhi
Mint New Delhi
Sebi now trains sights on commodity derivatives
Following clampdown on equity derivatives after studies revealed steep retail losses, the stock market regulator is turning its attention to the commodity derivatives segment (CDS).
2 mins
November 28, 2025
Mint New Delhi
Refiners, SCI tap Korean giants for local shipyard
Indian Oil, Bharat Petroleum and Hindustan Petroleum are part of the discussions
4 mins
November 28, 2025
Mint New Delhi
360 One, Steadview, others to invest in Wakefit ahead of IPO
A clutch of firms, including 360 One, Steadview Capital, WhiteOak Capital and Info Edge, is expected to invest in home-furnishings brand Wakefit Innovations Ltd just ahead of its initial public offering (IPO) next month, three people familiar with the matter said.
3 mins
November 28, 2025
Mint New Delhi
Would you like to be interviewed by an AI bot instead?
I don't think I want to be interviewed by a human again,\" said a 58-year-old chartered accountant who recently had an interview with a multinational company.
3 mins
November 28, 2025
Mint New Delhi
India, UAE review trade agreement to ease market access
Officials of India and the United Arab Emirates (UAE) met on Thursday to review how the Comprehensive Economic Partnership Agreement (CEPA) is working, and remove frictions that may be impeding trade between the two nations.
1 mins
November 28, 2025
Mint New Delhi
It's a multi-horse Street race now as Smids muscle in
For years, India’s stock market ran on the shoulders of a few giants. Not anymore.
3 mins
November 28, 2025
Mint New Delhi
The curious case of LIC's voting on RIL, Adani resolutions
Life Insurance Corp. of India Ltd, or LIC, consistently approved or never opposed resolutions proposed before shareholders of Reliance Industries Ltd (RIL) or any Adani Group company since 1 April 2022, even as it rejected several similar proposals at other large companies, some even part of other conglomerates, a Mint review of about 9,000 voting decisions by the government-run insurer showed.
8 mins
November 28, 2025
Mint New Delhi
Investors expect AI use to soar. That's not happening
On November 20th American statisticians released the results of a survey. Buried in the data is a trend with implications for trillions of dollars of spending.
4 mins
November 28, 2025
Mint New Delhi
CANADA'S STARTUP VISA: PUTTING LIVES ON HOLD
Legal uncertainty has left entrepreneurs stuck despite building businesses and putting down roots
8 mins
November 28, 2025
Mint New Delhi
Gupta pilfered from fraud, Trafigura says
Commodity trader Trafigura's lawyers accused Indian businessman Prateek Gupta on Thursday of siphoning off funds from an alleged $600 million metals fraud to prop up his struggling business empire.
1 min
November 28, 2025
Listen
Translate
Change font size

