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Tata Tea

Tata Tea enters cold beverage segment

India’s largest tea company in volumes, Tata tea has recently forayed into the Rs 100 billion branded cold drinks market with the launch of T!ON, a refreshing cold beverage targeted at the youth. T!ON has been launched in three...

Tata Tea to acquire 51 pc stake in Russian beverages major

In an attempt to strengthen presence in the Russian beverages market, Tata Tea has announced that the company, through one of its overseas subsidiaries, together with EBRD (European Bank for Reconstruction and Development), has decided to acquire 51 per...

Tata Tea revives strategy to beat slowdown

In an effort to maintain pace in the ongoing economic slowdown, tea manufacturer Tata Tea has embarked upon a multi-pronged strategy for different markets across the globe. To strengthen its retail operation in the US market, TTL had shifted...

Aloke Banerjee to head Rosebys in India

Rosebys, UK-based textiles and home furnishings retail chain, which is owned by Sanjay Dalmia-led GHCL, has appointed Aloke Banerjee as its CEO for India operations.While confirming the development to Indiaretailing, Banerjee said that Rosebys will open its first shop...

Tata brews tea retailing format through Chai Unchai

Tata Tea, the country’s largest tea company by volume, made a first-of-its-kind foray into the out-of-home beverage segment by unveiling a new retail format christened Chai Unchai in Bengaluru. Targeting the youth, the company opened its first Chai Unchai...

Tata Tea reaps 77 per cent return in Glaceau deal

Coca-Cola’s decision to acquire Glaceau for $4.1 billion will help Tata Tea pocket $1.2 billion. Tata Tea had bought 30 per cent stake in Glaceau in August 2006 for $677 million. The purchase of Glaceau will give Tata Tea...

Tea tourism next stop for Tata

Tata Tea is developing tea tourism in its estates of Assam and West Bengal. The initiative will be routed through Amalgamated Plantations Pvt. Ltd (APPL), the new entity formed by Tata Tea to transfer the assets of its North...

Tata Tea acquires a couple of Polish brands

Tata Tea has acquired Polish tea brands Vitax and Flosana from Krakow-based Premium Foods SA, for an undisclosed amount. The acquisition has been made through Tata Tea’s subsidiary, Tetley Group. With this, Tetley moves to second position in the...

Coca-Cola in talks to acquire stake in Glaceau

It is reported that Coca-Cola plans to acquire US energy drink firm Glaceau, in a deal that could be worth over $3 billion. Tata Tea has 30 per cent stake in the firm, having bought the same at $677...

War over Water

Nestle Waters, a Nestle SA unit, has joined the race to buy Mount Everest Mineral Water Ltd. Nestle has dabbled in the water business in India in 2001, when it launched Pure Life water. It pulled back from the...
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