Managing director and CEO Sunil D’Souza announced during this week’s results call that Tata Consumer, the firm behind Tata Tea, Tetley, and Eight O’Clock Coffee, had been developing a new vending business. According to him, the company is primarily being pushed into the institutional channel now that it has surpassed the 1,000 machine milestone in…
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After Hindustan Unilever (HUL), Tata Consumer Products is the nation’s second-largest manufacturer of branded tea. Over the long run, it anticipates that domestic tea volumes will expand in the mid-single digits as demand stabilizes. According to MD & CEO Sunil D’Souza, the short-term rise in tea volume is expected to range from 2% to 4%,…
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Tata Consumer share price: On Wednesday, April 24, early trade on the BSE saw shares of Tata Consumer Products break over 5% after three straight days of advances. The day before, the business had released its earnings for the March quarter. The Tata Consumer share price began at ₹1,112.90, down 5.30 percent from its previous…
Tata Consumer: The major FMCG firm owned by the Tata Group, Tata Consumer Products Ltd., announced on Friday that the board of directors had authorized a plan to raise Rs. 6,500 crore to finance the recent acquisitions of Capital Foods and Organic India. The business will use commercial documents and rights issues to pay for…
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