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FMCG
Tata Consumer Products completes merger of three wholly-owned subsidiaries in India
PTI -
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...
Food
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,...
Food
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...
Food
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)...
Food
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...
Food
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,...
Food
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...
Food
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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