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Tata Consumer Products completes merger of three wholly-owned subsidiaries in India

TCPL has merged its wholly-owned subsidiaries Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz LtdNew Delhi: FMCG maker Tata Consumer Products Ltd (TCPL) has merged its three wholly-owned subsidiaries after getting approval from NCLT and other...

Tata Consumer Products is modelling its approach to double direct reach to customers, says CEO

Tata Consumer Products Ltd is redrawing its entire sales and distribution system to be more direct, active and digitised and aims to double its direct reach in the next 12 months responding to the challenges of the coronavirus pandemic,...

Tata Consumer Products Q1 results: Profit up 82 pc at Rs 346 cr

Tata Consumer Products Ltd (TCPL) on Tuesday reported 81.78 percent rise in net profit at Rs 345.55 crore for June quarter helped by increase in demand in some categories. According to a PTI report: The company posted a net profit...

Milk Mantra secures US$ 10 mn in structured debt financing from US DFC

Dairy foods company Milk Mantra on Friday said US International Development Finance Corporation (DFC) has committed US$ 10 million (over Rs 76 crore) for structured debt financing to the company. DFC has also approved US$ 3,71,000 (about Rs 2.8 crore)...

Digital transformation to be a key driver for growth, says Tata Consumer Products

Tata Consumer Products Limited (TCPL) sees 'digital transformation as a key driver' for growth of the company and it is strengthening capability in this area, according to the company's annual report. According to a PTI report: The Tata Group firm...

Tata Consumer expects COVID-19 impact on profitability; hit by commodity price, supply constraints

Tata Consumer Products expects its profitability to be impacted in the short term due to the coronavirus outbreak as input costs have risen on account of commodity price volatility and supply constraints during the pandemic and subsequent lockdown. However,...

Tata to buy out PepsiCo’s stake in JV NourishCo Beverages

Tata Consumer Products Ltd (TCPL) on Monday said it will acquire the stake of PeopsiCo in their joint venture NourishCo Beverages. The move is an effort by the Tata Group firm to widen its portfolio in the growing food and...

Health to drive Tata’s food and beverages segment: Harish Bhat

With consumers increasingly becoming health conscious, health and wellness will drive the growth for the food and beverage segment, Tata Sons brand custodian Harish Bhat said Friday."My belief is, as far as the food and beverages segment in the...
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Amazon readies for pilot of under-15 min delivery of daily essentials in Bengaluru

Amazon's strategy has focused on "selection, value and convenience" and the overall vision is to build a large profitable...
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