Tata Global News

Companies

Starbucks posts 27% jump in Dec quarter revenue

Starbucks opens 28 new stores in the December quarter in the country

1 min read4 Feb 2020
Companies

Sunil A. D'Souza set to take over as MD&CEO of Tata Global Beverages

D'Souza will take over the role from the company's current managing director and chief executive officer Ajoy Kumar Misra who is set to retire from the post on 31 March, 2020D'Souza, an IIM (Calcutta) alumnus, started his career with Brooke Bond Lipton India in 1993

1 min read20 Dec 2019
Companies

Tata Global Beverages Q1 net profit rises 10% to ₹141.68 crore

Tata Global Beverages total income rose to ₹1,927.66 crore during the June 2019 quarter, as against ₹1,831.11 crore a year agoTata Global Beverages shares rose 1.10% on Wednesday to settle at ₹252.25 apiece on the BSE

1 min read31 Jul 2019
Markets

Tata Chemicals, Tata Global shares surge after consumer business deal

The carving out of the food business of Tata Chemicals is part of group chief Chandrasekaran’s strategy to simplify group structuresThe new business created by the merger of the consumer businesses will be known as Tata Consumer Products

2 min read16 May 2019
Companies

Tata Global Beverages appoints Shikha Sharma, Bharat Puri as directors

Their appointment, which is with effect from May 7, 2019 for five years, will be subject to the approval of shareholdersSharma was managing director and CEO of Axis Bank from June 2009 up to December 2018

1 min read8 May 2019
Companies

Tata Starbucks posts 30% sales growth in FY'19

Tata Starbucks reported a top-line growth of 30% for the full year, driven by new stores and improved store performanceTata Starbucks revenue for the 2018-19, is expected to be around ₹450 crore

1 min read26 Apr 2019
Markets

Tea prices weigh on TGBL’s margins in Q4, despite volume boost

Elevated tea prices and rising competition is making it difficult for Tata Global Beverages Ltd (TGBL) to pass on costs to customersIts recent initiatives in the coffee segment may just hold up margins and that is something investors will be closely watching here on

1 min read25 Apr 2019
Companies

Starbucks doubles its loyalty program customers in India in two years

In the last two years, registrations for Starbucks’ loyalty program have doubled from 2,50,000 in 2017 to 5,00,000 nowStarbucks is set to add over 25 stores in the country in the next financial year

2 min read12 Feb 2019
Companies

Inside N. Chandrasekaran’s plans for Tata Group in 2019

Tata Sons chairman N. Chandrasekaran wants Tata Group companies to focus on providing customers with the best products and services, while managing costs

2 min read28 Dec 2018
Companies

Starbucks India names Navin Gurnaney as new CEO

Navin Gurnaney, who has been with Starbucks since 2004, will come to India from Atlanta, Georgia

1 min read3 Oct 2018
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