'We are seeing signs of improvement in rural overall in terms of demand, but I would still keep my fingers crossed.'
We are adapting to the situation by innovating new delivery modelss, launching brand campaigns that are impactful in the current context and closely monitoring changes in consumer buying behaviour, he said.
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
Tata Cha has chosen Bengaluru for its first four pilots which include large format stores of 1,200 sq feet and kiosks which will be in shopping malls, IT parks and at prominent street corners.
With polls to elect the 18th Lok Sabha approaching, district poll panels are fixing the rates for expenses as part of the election expenditure monitoring process.
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
'Will make sure that we create value. We will again look for organic and inorganic opportunities.'
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
Ace stock market investor Rakesh Jhunjhunwala, often referred to as India's own Warren Buffet, passed away at the age of 62.
India has been a tea sipping society. But the aromatic wave of coffee culture is wafting across it.
The company has tried to marry the goodwill created by the emotional appeal of the earlier campaign to the functional communication required for the new product. This was unwarranted, as Tata Tea is now doing what any xyz brand is also doing talking about the functional benefits.
In the domestic market, the Tata Group has lost ground in the passenger car business.
You'll be spoilt for choices with these varieties.
Indian business spreads its footprint across the globe.
'It feels like Assam is good just as a tourist spot and not a place to earn and live.'
Few people know Ratan Tata as well as R K Krishna Kumar does. Widely perceived to be among the managers closest to Tata, Krishna Kumar assesses Ratan Tata, the man and business leader, in this exclusive interview to Rediff.com's Vaihayasi Pande Daniel.
At a time when the automobile industry is eyeing a market of 2 million cars by 2010, various automobile projects of industry majors, including Tata Motors and Mahindra and Mahindra, are running behind schedule.
'IT companies do not have a large presence there either in terms of market and team. So, the impact of the war will be minimal. But West Asia is an emerging economy.'
The gap between stand-alone Indian figures and global figures can be the difference between sell and buy.
When the Tatas re-boarded Air India on January 27 last year, the price of aviation turbine fuel was at over Rs 80,000 per kilolitre. Rupee was trading at around Rs 74 to a US dollar. The Omicron variant of Covid-19 was in prevalence - barely a week earlier, India had reported over 340,000 cases on a single day. Seven-day home quarantine of international travellers was the norm.
England's soccer league teams are following the lead of multinationals and beginning to look to emerging markets for growth, with Premier League leader Arsenal FC on Tuesday announcing an initiative aimed at giving it a foothold in India.
'When honest, wealthy people come forward to serve India, people should feel proud and welcome them.'
'With free software on the Internet and apps, creating a deepfake video can take 3 to 5 minutes. Anyone can make these videos.'
Soft drink giant Coca-Cola on Friday announced it will acquire US energy drink maker Glaceau, in which India's Tata Group has 30 per cent stake, for $4.1 billion in cash.
'He wanted to learn all the time.'
India's Ratan Tata aims to transform his once-stodgy conglomerate into a global powerhouse. But can it thrive after he steps down?
Tata Global Beverages has set out on a journey to become a global leader in branded beverages through innovation, strategic acquisition and organic growth.
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
Sterling Group is believed to have paid Rs 30 crore (Rs 300 million) for acquiring the entire 65.45 per cent stake of Turner Morrison in Barista Coffee outlet chain.
Ramesh Chauhan's Bisleri comes out with a new brand of natural mineral water sourced from a spring in Uttarakhand to take on Tata Tea's Himalayan.
'What did we get out of this agitation? Nothing... Now we feel it was all a mistake. We have no work, and our land has turned infertile. We are living in abject poverty'
India's Ratan Tata aims to transform his once-stodgy conglomerate into a global powerhouse. But can it thrive after he steps down?
'Our vision is to create next generation beverages with water placed on the wellness platform. The Himalayan brand is our first step in this direction and will be available across the country in the next 6-9 months,' says Pradeep Poddar, managing director and CEO, Mount Everest.
