Tata Consumers' Puneet Das said the company will aim to reclaim volume leadership in the tea segment, which was ceded to Hindustan Unilever in 2017-18.
Tata Global Beverages today posted 43.68 per cent rise in consolidated net profit at Rs 111.63 crore for the first quarter ended June 30, on account of robust growth across various business verticals.
Tata group chairman Cyrus Mistry, while addressing the annual general meeting (AGM) said that the company would make substantial investments in its brands for making the company grow.
Harish Bhat, CEO & MD of Tata Global Beverages told CNBC-TV18 the third quarter has been very successful and despite the rising prices of tea they have shown a considerable improvement in their net profit.
Ratan Tata, who led the transformation of the Tata group from a conventional corporate house into a USD 100 billion global conglomerate with high-profile acquisitions abroad, will retire on Friday ending 50-year run in one of India's oldest business empires.
The Forbes India Philanthropy Award Awards were given to luminaries such as the Murugappa family, N Vaghul, former chairman, ICICI Bank. Awards were also given to Tata Trust, Jain Irrigation and Abraham Moses, Mindtree Consulting.
With the right mix of ad campaign and social awareness, Tata Tea seems to have got the perfect brew.
Ratan Tata will be attending his last Annual General Meeting (AGM) as Chairman of the Tata group on Friday. He will preside over the Tata Tea AGM in Kolkata.
Tata Global Beverages is an integrated beverage business that has set out to become a global leader in branded, good-for-you beverages through innovation, strategic acquisition and organic growth.
In CNBC-TV18's popular show Bull's Eye, Ashish Kapur, Investshoppe shares trading strategy of the day.
KRChoksey has come out with its earning estimates on FMCG sector for the quarter ended September 2011. According to the research firm, Tata Tea September quarter net sales are expected to go up by 5% at Rs 1443 crore, year-on-year, (YoY) basis.
Tata Global Beverages (erstwhile Tata Tea) is targetting a revenue of USD 5 billion, its Chairman Ratan Tata said today.
KRChoksey has come out with its earning estimates on FMCG sector for the quarter ended June 2011. According to the research firm, Tata Tea June quarter sales are expected to go up by 5% at Rs 1443 crore, year-on-year, (YoY) basis.
As the country grapples with issues like corruption and blackmoney, Tata Steel, a flagship company of Tata Group, has launched an online campaign via a web portal asking citizens to be part of the debate on values that shape India.