Tata group has announced its decision to combine c... moreTata group has announced its decision to combine consumer businesses, currently being carried out by Tata Chemicals and Tata Global Beverages, under a single entity. TGBL will be renamed Tata Consumer Products Ltd after the move. The new entity is expected to have a revenue of ₹9,099 crore. The decision seems to be driven by the strategy of Tata Sons chairman N. Chandrasekaran which aims at streamlining and making the businesses under the $103 billion group more efficient. The consumer business decision is still subject to shareholder and regulatory approval. Watch the full video for more.
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