Usually, in the western view, corporate success is attributed to efficiency, organisational structure, and scale. R Gopalakrishnan and Harish Bhat argue that philosophy, culture, and the transmission of values are more important for sustaining growth and profitability of an enterprise over a period of time.
The move is part of Tata Tea's plans to expand its global footprint. Krishna Kumar said, the company would like to have a global footprint from Japan to the US.
Tata Tea Ltd is eyeing acquisitions in the United States for entering the beverages sector in a big way, R K Krishna Kumar said on Tuesday.
The price increase could be in the range of 3-4 per cent in the mid to premium segments. Last year, packed tea prices moved up by Rs 8-10 per kg as bulk tea prices rose.
Tata Tea Ltd on Thursday said Tetley US Holdings Ltd, its US subsidiary, will acquire FMALI Herb Inc and Good Earth Corporation.
Major shareholders to buy workers' shares in northern gardens.
With its sights set on building a strong global brand, Tata Tea Limited on Thursday said that it has decided to change its name to Tata Global Beverages Limited.
Amrita Patel (pictured), the chairman of National Dairy Development Board, has joined the board of Tata Tea as a non-wholetime independent director.
Continuing with its move to position itself as a beverage marketing company, Tata Tea is set to divest 80 per cent in its North Indian Plantation Operations, which is being spun off to a handful of investors and workers.
Tata Tea, part of the Ratan Tata-led business conglomerate, announced a preliminary agreement with global beverage major PepsiCo for exploring a joint venture in the non-carbonated beverage business.
Coke looking to buy US firm; may lead to Tatas selling their stake.
Company says no dispute with labour union but would address any shortcoming if brought to its notice.
Tata Tea looks to separate itself from the crowd and reclaim its positioning as a socially responsible label with a new version of its Jaago Re campaign.
The company is focussed on becoming a global branded beverages player.
Tata Tea on Thursday said it was aggressively looking for acquisition opportunities in the United States and the company was in talks with a number of prospective companies.
Known for its acquisition-led strategy, India's second-largest branded tea company, Tata Tea, has tied up with the European Bank for Reconstruction and Development (EBRD) to buy 51 per cent in a Russian packaging and distribution company called Grand.
Tata Tea has started a fresh awareness campaign to allay workers' apprehensions about restructuring of North India Plantation Operations.
After authoring a sweet success story by giving the management of its Kannan Devan tea gardens in Munnar, Kerala, to the workers, Tata Tea is planning to replicate the experiment in the North India plantation operations.
India, the land that gave the world Darjeeling and Assam tea, risks losing its place at the global tea table, not because of its leaves, but because of its lost opportunities, notes Kanika Datta.
Intends to acquire control of owner of 'Himalayan' water brand.
Reeling under a constant threat of price-war from unorganised local players, Tata Tea Limited is rapidly expanding its exposure to non-traditional segments of the market like ice-tea and organic tea to sustain its growth in earnings.
Unlike Pepsi's Kendell Jenner ad, Tata Tea's Jaago Re campaigns were careful not to insert its product in the ad's storyline and they targeted topics on which there was near unanimity of outrage.
Amalgamated Plantations, the company to which the Tatas will transfer its NIPO business, covers the company's 20 plantations in Assam and five in Dooars (West Bengal) covering 24,000 hectares.
Tata Tea, India's largest tea company by volumes, has announced its foray into the Rs 10,000 crore (Rs 100 billion) branded cold drinks market with the launch of T!ON - a tea and fruit-based cold beverage targeted at the youth.
The Nowera Nuddy tea estate of Amalgamated Plantations Pvt Ltd (APPL), a close to 50 per cent subsidiary of Tata Tea, accounts for a little more than 1 per cent of the company's tea production in North India, but is threatening its image as an 'ethical' group. The IUF, a global trade union, is running an international campaign against the lockout of the estate.
A meeting of the board of directors of Tata Tea Ltd will be held on January 27 to consider and approve the unaudited financial results of the company for the quarter ended December 31, 2002.\n\n\n\n
Emboldened by the Kannan Devan success story in Kerala, Tata Tea Ltd said the company does not see any hurdle in the participation of its employees and workers of Assam and West Bengal
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