Page 2 - Tata Global Beverages

Tata Global Beverages plans to set up Rs 1 bn tea packaging unit in Odisha

The estimated scalable capacity of the new unit is expected to be 36 million kgs per annum and it would be operational by 2020, post all statutory and regulatory clearan

After coffee, Tata Global Beverages looks to expand its tea retail venture

Tata Cha was launched last year in Bengaluru with one store, which was subsequently taken to a total of four outlets this year

Tata Global Beverages rejigs global management to streamline business

Adil Ahmad to head unit that will combine UK, Europe, West Asia and Africa arms with US, Canada, Australia's

Tata Global Beverages up 5% on restructuring of international operations

The company said it has restructured its international operations in order to unlock synergies for the business, optimize costs and streamline operations.

Tata Cha brews nostalgia in a cup: TGB plans expansion to take on rivals

Tata Global Beverages evokes a sense of the past with its brand of tea cafes as it targets the urban youth and hopes to leverage the group's synergies in tea and retail

Tata Global Beverages faces challenge as Amalgamated Plantations expands

Last year, TGBL launched Chakra Gold Active Plus and Kanan Devan Duet, targeted at the south Indian market

Stagnant abroad, Tata Global Beverages to put focus back on Indian market

The company's managing director and CEO, Ajoy Misra said that depending on the success of these tea cafes, this project can be scaled up

We believe Himalayan can be a global brand: Tata Global Beverages MD & CEO

Ajoy Misra tells what premiumisation means for TGB and why the transition from hotels to the beverages industry was not that difficult for him

Tata Global: Getting back on track

Shedding unviable operations should improve growth prospects

Tata Global Beverages to retain shares in loss-making plantations

Although Tata Global Beverages Ltd (TGBL) has decided to put its entire global performance, including India, under continuous review to focus on returns on investment, the company will not be diluting its stake in the two plantation associates which are under financial stress. Recently, the company took a call to exit the loss making Russian and Chinese businesses while put the east European operations under close review; but decided not only to hold onto the loss making Indian associates but make them profitable in turn.During the company's 54th Annual General Meeting, its chairman, N. Chandrasekaran, while responding to a shareholder's query said, "It is a tough one and continues to lose money. We will take a call on both the plantations".However, he later clarified that the company has no plans to dilute its holding in Amalgamated Plantations Pvt Ltd (APPL) and Kanan Devan Hills Plantation Company Private Limited (KDHP) - the two plantation companies.TGBL's shareholding in APPL is .

Tata Global Beverages to introduce ready-to-drink green tea

Tata Global Beverages (TGBL) has entered the ready-to-drink (RTD) segment with a green tea-based drink, spearheaded by Tata Tea in India and Tetley in Canada. To be made available in mango and orange variants, the company is piloting the new product segment it recently entered to diversify its Indian portfolio, to target youth. Although TGBL's competitors have entered the iced tea segment, the company has claimed that this is a first of its kind combination in the Indian iced tea market, with an offering that is innovative with herbal extract, low in sugar and relevant.Globally, particularly in Europe and North America, traditional black tea consumption has been on a decline. The fruit and herbal infusion segment is on a growth trajectory.In the company's annual report for 2016-17, the RTD tea market in India is pegged at Rs 140 crore, with a nine to 10 per cent annual growth rate."We haven't been really playing in the iced tea segment in the recent past but have been studying the ...

'Himalayan' prop for Tata Global

Successful roll-out of water brand will pave way for more launches in US; stock gains 8%

Tata Global hits record high on pact to sell Himalayan mineral water in US

The stock hit a record high of Rs 189, rallied 21% in past three trading sessions post Q1 results.

Tata Global Beverages to divest stake in group's firms to parent

TGBL shares closed at Rs 169 a share on Tuesday, up 1.5%

Tata Global Beverages board meet: Failure to keep video recording may attract Rs 10,000 fine

Non-compliance could be covered by Section 450 of the Companies Act

Tata Global Beverages gains on robust Q2 profit

The stock rallied 7% to Rs 125 on BSE in early morning trade.