HomeNewsBusinessStocksTata Global shares tank on dismal results, CEO departure

Tata Global shares tank on dismal results, CEO departure

Shares of Tata Global Beverages extended Tuesday’s losses and slid over 4% Wednesday as the weak results for 2010-11 (April-March) disappointed investors. The unexpected departure of chief executive officer Peter Unsworth also surprised the market.

May 25, 2011 / 14:01 IST

Moneycontrol Bureau

Shares of Tata Global Beverages extended Tuesday

first published: May 25, 2011 12:52 pm

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Tata Global shares tank on dismal results, CEO departure

Shares of Tata Global Beverages extended Tuesday’s losses and slid over 4% Wednesday as the weak results for 2010-11 (April-March) disappointed investors. The unexpected departure of chief executive officer Peter Unsworth also surprised the market.

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