Tata Coffee Ltd said on Monday it would supply premium coffee beans to Starbucks, the American coffee retail chain.
Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations.
Tata supplies coffee beans to over 100-odd Starbucks outlets in India but is now also looking to become a supplier of coffee for the Seattle-based company globally
Natarajan Chandrasekaran, credited with stabilising Tata Sons after a boardroom coup and overseeing significant expansion, has announced his resignation as chairman, capping a nearly decade-long tenure marked by both successes and escalating tensions with the group's controlling charitable trusts.
Agreement includes opening cafes, bean sourcing and roasting.
The Small Animal Hospital, which provides world-class treatment to pets and strays alike, continues Ratan Tata's legacy.
The Indian partner will be one among the the seven highly specialised global coffee roasteries of the coffee giant.
Tata Coffee Ltd said the strike at company's instant coffee division factory at Toopran has been called off.
Tata Consumer Products reported healthy revenue growth in Q1 FY27, driven by its India branded business and accelerating momentum in newer segments, which are now expected to sustain double-digit sales growth and improve profitability.
The company is already supplying coffee beans to cafes, instant coffee to Hotels, restaurants and catering segment, vending and various other establishments. Going forward, it plans to look at vending solutions on its own.
Tata Coffee Ltd has decided to form a joint venture with tea firm Beeyu Overseas Ltd for marketing and sale of the company's instant coffee products in the international market.
Tata Coffee Ltd, owned 51 per cent by Tata Tea, plans to launch 100 coffee outlets in the country over the next five years to enhance presence.
US-based coffee giant Starbucks on Thursday said it is moving forward with the memorandum of understanding (MoU) signed with Tata Coffee and hopes to make an announcement soon even as the government has notified 100 per cent FDI in single brand retail.
Tata Coffee Ltd, a subsidiary of Tata Global Beverages Ltd, is India's third largest exporter of instant coffee.
At an aggressive starting price of 18.79 lakh, the Tata Sierra.ev has a real-world range of 510 to 530 km with the 75 kWh battery pack on a single charge while the smaller 63 kWh battery coughs out a real-world range of 440 to 460 km, plus lifetime battery warranty as standard. And with the intelligent Quad-Wheel Drive system pushing out 504 Nm of torque, the EV flies from 0 to 100 km/h in just 5.8 seconds, says Rajesh Karkera.
The Tata Sons board has deferred a decision on the re-appointment of Natarajan Chandrasekaran as Chairman, signaling potential differences within the group. Concerns were raised about losses in certain group companies and the listing of Tata Sons.
Loss-making Air India has introduced a new 'Basic Fare' category for select domestic flights, which does not include complimentary meals, as part of its efforts to trim expenses amid rising operational costs.
With the 40kWh battery and 65kW faster charging, it is now a legitimate primary car for a small family that can handle weekend trips easily, says Rajesh Karkera.
It is currently scouting for suitable firms in Europe and planning to close the deal some time this year, a top company executive said.
10 stocks from the Nifty 200 index that offer good growth potential and scope to deliver decent returns from current levels, based on brokerage estimates.
'The DNA of Tata Consumer Products is all food and beverage.'
India has been a tea sipping society. But the aromatic wave of coffee culture is wafting across it.
Starbucks, which runs the world's largest coffee shop chain and enjoys cult status among coffee lovers, has been trying to enter India for many years, but has been unsuccessful in its efforts so far.
Fast-growing espresso chain Barista, in which Tata Coffee Ltd holds a stake of about 34 per cent, said on Monday it planned to double the number of its coffee bars to 320 in the fiscal year to March 2004.
The XEV 9S is poised to disrupt the market, specifically with its entry-level variant called the 'Pack One Above', which offers a level of equipment rarely seen in base models, writes Rajesh Karkera/Rediff.com.
There were certainly qualities adhering to the Tata Group, which emanated from the persona of Ratan Tata. Most notable of these would be the low profile he maintained, which sharply contrasted the in-your-face celebrity status, celebration of wealth and pursuit of importance many of liberalised India's rich, love, notes Shyam G Menon.
India's largest private conglomerate is looking to integrate some of its smaller businesses with their respective flagship companies, with a view to leveraging the value of the entities and increase cost efficiency.
Tata Coffee said on Wednesday that it would continue with its entire 34.1 per cent stake in Barista Coffee Company
'We've maintained that India is a high-penetration game. It's not only a premiumisation game.'
The company is focussed on becoming a global branded beverages player.
Even as New Delhi turns up the heat on Turkish firms over Ankara's public embrace of Islamabad, Indian companies rooted in Trkiye are staying put. Mahindra & Mahindra (M&M), Dabur India, and Jubilant FoodWorks say it's business as usual, with no plans to alter course despite the geopolitical chill.
On Friday, shares of Tata Motors rose by 2.68 per cent and Tata Steel went up by 1.85 per cent on the Bombay Stock Exchange.
Indian coffee shops market over the next four-five years will grow between 6 and 18 per cent CAGR, all due to the growing coffee culture among the youth, increasing urbanisation, rising disposable income levels and changing eating and drinking preferences, says Atanu Biswas.
Tata Group overall commands market capitalisation of over $125 billion
V G Siddhartha's wife has the support of the employees. But the challenges ahead of her are tough.
