Page 7 - Tata Consumer Products

Will continue to look for acquisition opportunities: Tata Consumer chairman

Tata Consumer Products Ltd will continue to look for the right acquisition opportunities in different categories to fuel its growth, the company's chairman N Chandrasekaran said on Monday. Responding to shareholders' queries in the annual general meeting of the company, Chandrasekaran, who is also the chairman of Tata Sons -- the holding firm of the Tata group -- said TCPL (Tata Consumer Products Ltd) would focus on leveraging its product portfolio, expanding distribution and product innovation and entering new categories, while supporting both organic and inorganic growth opportunities in future. "We also believe in inorganic expansion and yes inorganic expansion is one of the key strategies for the company. The cash in the company will be used definitely for the right inorganic growth opportunities," he said. Replying to another query on whether there is going to be acquisition in the water segment, Chandrasekaran said, "Yes, we will continue to look for any expansion opportunitie

Flashback to the future

The sturdy Ambassador flourished at a time when the only other competitor was the Premier Padmini, made with Fiat technology

Tata Starbucks sees 76% growth in revenue to Rs 636 crore for 2021-22

Its revenue growth was led by higher realisation from existing stores and new stores added during the financial year ended on March 31, 2022

Traceability first step to address fake reviews, govt tells e-commerce cos

A meeting was held on Friday by Department of Consumers Affairs with Amazon, Flipkart, Reliance and Tata to address the issue, say sources

Tata Consumer in acquisition talks with at least five consumer brands

Tata group will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani's Reliance Industries Ltd

Growth and margin outlook remain strong for Tata Consumer Products

Valuations are pricing in some of the growth

TMS Ep167: Q4 FY22 corporate earnings, Sunil D'Souza, markets, RuPay

What to look for in Q4 FY22 corporate earnings? What are Tata Consumer Products MD Sunil D'Souza's business plans? Is the selling in Indian equities overdone? What is RuPay? Find all answers here

Tata Consumer Products MD Sunil D'Souza on food & non-food business plans

In a recent interview with Business Standard's Sharleen D'Souza, Tata Consumer Products MD and CEO Sunil D'Souza shares his strategic roadmap for food and non-food businesses. Listen in

Top headlines: Higher bond yields, WHO on Covid deaths in India, and more

Business Standard brings you the top headlines at this hour

Tata Consumer Products plans re-entry into non-foods FMCG business

After exiting the non-foods FMCG space in the 1990s, the conglomerate is looking to re-enter the field

Sensex falls 865pts from day's high, ends flat; RIL dips 2%, IT stocks gain

CLOSING BELL: Around 3:30 PM, the mega IPO of Life Insurance Corporation (LIC) was subscribed 91 per cent with policyholders' quota seeing a subscription of 2.79 times

Stocks to Watch: Tata Consumer, Havells, CEAT, Dabur, Marico, SBI, Voltas

Stocks to Watch: Adani Power, Adani Transmission, CEAT, Dabur India, Marico, Exide Industries, Happiest Minds Technologies, and Indus Towers will be in focus ahead of theur Q4 results.

Tata Consumer Products Q4 net profit up three fold to Rs 239 crore

Tata Consumer Products Ltd (TCPL) on Wednesday reported an over three-fold jump in consolidated net profit at Rs 239.05 crore for the fourth quarter ended March

Three TCPL shares for every 10 of Tata Coffee, merger in 12-14 months

The merger of Tata Coffee Ltd with Tata Consumer Products Ltd (TCPL) will be completed in 12-14 months and the companies are in the early stages of filing the regulatory process, an official said. Tata Coffee Ltd officials do not foresee any roadblocks in the process of merger. "It would take about 12 to 14 months. So that's what the timeline is," Tata Coffee Ltd ED & CFO K Venkataramanan told analysts at an investors meet. TCPL has announced the merger of all businesses of Tata Coffee with itself or its subsidiaries as part of a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies. Under the scheme, shareholders of Tata Coffee will receive an aggregate of 3 equity shares of TCPL for every 10 equity shares held by them. Speaking about the demand scenario under the ongoing geopolitical crisis, the management said that the demand remains firm, even for Russia and Europe. "Tata Coffee have got a healthy order book and customers are asking .

Tata Coffee, Tata Consumer surge up to 13% on business reorganisation plan

TCPL on Tuesday announced a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies.

Stocks to Watch: ONGC, Hero MotoCorp, PNB, LTTS, IndiGo, Adani Group

Shares of ONGC are likely to be in focus as the government will sell 1.5 per cent stake in the oil producer through an offer for sale (OFS) over the next two trading sessions at Rs 159 per share.

Tata Consumer Products to recast its India and overseas businesses

The company also proposed to purchase of a 10.15 per cent minority interest in its UK subsidiary, TCP UK, from Tata Enterprise (Overseas), Switzerland, (TEO).

Tata Consumer Products announces recast of India and overseas businesses

To combine Tata Coffee's business into Tata Consumer Products and its wholly owned subsidiary through a composite scheme of demerger and merger

Tata Consumer Products to continue focus on acquisitions

The company recently acquired Kottaram Agro Foods

Urban demand returning, but rural under stress: Tata Consumer MD & CEO

Tata Consumer plans to expand its reach in rural areas by increasing the number of outlets to 1.3 million by the end of financial year 2021-22 (FY22)