Latest Tata Consumer Products News
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The Economic Times
Buy Tata Consumer Products, target price Rs 1385: ICICI Securities
Tata Consumer Products Ltd., incorporated in the year 1962, is a Large Cap company (having a market cap of Rs 119163.76 Crore) operating in FMCG sector.
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Thu, Sep 12, 2024
Business Line
Markets open mixed as global cues, economic data drive sentiment
Hero Motocorp led the gainers on the NSE, followed by Bajaj Auto, HDFC Life, Tata Consumer Products), and ITC
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Mon, Sep 2, 2024
The Economic Times
Tata Consumer Products completes merger of three wholly-owned subsidiaries in India
TCPL's portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals. The company which has a consolidated turnover of Rs 15,206 crore owns key beverage brands including Tata Tea, Tetley, Organic India, Eight O'Clock Coffee, Tata Coffee Grand, Himalayan Natural Mineral Water, Tata Copper+ and Tata Gluco+.
Business Standard
Tata Consumer Products completes merger of three subsidiaries in India
FMCG maker Tata Consumer Products Ltd (TCPL) has merged its three wholly-owned subsidiaries after getting approval from NCLT and other regulatory clearances. TCPL has merged its wholly-owned subsidiaries Tata Consumer Soulfull Pvt Ltd, NourishCo Beverages Ltd, and Tata SmartFoodz Ltd with the company, according to a statement from Tata Group FMCG arm. "We wish to inform you that the conditions outlined under Clause 17 of the Scheme, including the filing of certified copies of the order with the Registrar of Companies, of the respective companies, in Form INC-28, have been duly completed. Accordingly, in terms of the Scheme, the effective date of the scheme (of merger) is September 1, 2024," the company said in a regulatory filing. This is in line with the company's focus on simplifying and streamlining the business. This consolidation of legal entity structure will unlock efficiencies and synergies, it added. "There is no change in the operating structure for these business units a
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Sun, Sep 1, 2024
Business Line
TPCL completes merger of subsidiaries to simplify biz and focus on growth
Tata Consumer Products’ MD says merger a step towards building a simplified and agile business
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Sun, Sep 1, 2024
The Economic Times
Tata Consumer Products needs a Starbucks ‘shot’ to increase its market value exponentially
In India, Starbucks faces strong competition from rivals like Blue Tokai and Chaayos. Holding 10% of Tata Consumer Products’ market cap and sporting a high price-to-sales ratio, any major growth could significantly boost TCP’s value.
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Tue, Aug 27, 2024
The Economic Times
Top FMCG brands bet big on functional food market
Major food companies including ITC, Adani Wilmar, Tata Consumer, BigBasket, and Emami Agrotech are now prioritizing functional foods tailored for health-conscious consumers. These products, ranging from low cholesterol ghee to low glycemic index foods, are sold at steep premiums. Limited supply and technology costs contribute to the higher prices.
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Sat, Aug 24, 2024
The Economic Times
It's coffee as usual for Starbucks in India: Appointment of new chairman won't alter plans
Starbucks' abrupt leadership change won't affect Tata Starbucks' Indian expansion plans, per Tata Consumer Products CEO Sunil D'Souza. The company aims to open 1,000 cafes by 2028. Despite new competition from Pret A Manger and Tim Hortons, Starbucks remains focused on growing its presence in the predominantly tea-drinking nation.
Business Line
Tata Consumer Products’ R&D to focus on premiumisation of products and packaging through innovation
The company witnessed a 5x growth in its innovation-to-sales ratio in the last four years
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Thu, Jul 11, 2024
Business Line
Movers & Shakers: Stocks that will see action this week
Here is what the charts say about the shares of GMR Airports Infrastructure, Sun Pharmaceuticals and Tata Consumer Products
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Sat, Jul 6, 2024