Tea estates across Assam and West Bengal, which were hitherto closed owing to the lockdown, opened in April.
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.
For instance, it has launched its fruit drink 'Minute Maid Pulpy Orange' in a tetrapack of 250 ml priced at Rs 15 compared with 500 ml PET bottles for Rs 25.
The industry began to upgrade its practices even before the NGO alleged Indian tea contained harmful pesticides.
Indian billionaire Lakshmi Mittal-led ArcelorMittal will get Energy Star Partner of the Year award. This award is given by the EPA and the US Department of Energy for companies making outstanding contributions to protecting the environment and reducing greenhouse gas emissions through energy efficiency. To cut the company's energy and carbon intensity, it had launched ArcelorMittal Energy Reduction Initiative in 2006. ArcelorMittal will get the award in Washington on April 1.
Besides the dairy business, the transaction also involves sale of 100 per cent shareholding in Sunfresh Agro Industries, a step-downsubsidiary of Prabhat, via a share purchase agreement, the company said.
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.
Still drinks, nectars and packaged water sales are maturing quickly to grab a major share of the Indian beverages market, according to "The 2007 India Soft Drinks Report" by Canadean, the global beverages research company.
Bombay House turns evangelist for new Tata products.
According to Indian tax laws, an acquisition or sale made by an overseas subsidiary of an Indian company is not liable for taxation in India.
Companies from Unilever to Proctor & Gamble, Nestl, Coca-Cola and PepsiCo have all alluded to lockdown challenges in India and the globe as well as the impact it will have on April-June as well as full-year numbers.
Madhu Jayanti's Rs 55-crore packet tea business so far is only in Maharashtra and Karnataka. After Eveready's tea business buyout, MJIL's tea production in India will increase from 2.4 million kg to 6.2 mkg and its income from branded tea sales will rise 53 per cent to Rs 198 crore this fiscal year itself. It will also be available in 14 states.
Over the past year, McLeod sold 21 gardens in India, reducing almost 32 million kg in production.
Global beverages and snacks major PepsiCo on Monday roped in former Nokia head for emerging markets, including India, D Shivakumar as its Chairman and CEO, India Region.
At 49, she also becomes the first outside woman to hold a key position in a Wadia company.
Tata Group overall commands market capitalisation of over $125 billion
'To be an immigrant, a South Asian immigrant of colour, a woman to be included in the Portrait Gallery... it really says that we are the country where people look for the people who make a positive impact and celebrate them,' Nooyi, 64, told reporters during the portrait gallery induction ceremony on Sunday.
The company said it will use other FSSAI-approved ingredients.
Every home across India makes khichdi and it still isn't as celebrated as it should be.
The 2019 list shows a 37 per cent jump in brand value for the Tata group, to $19.55 billion for 2019, the highest in the top 25.
60-plus men and women who live independent lives are becoming the cynosure of ad men's eyes.
Small- and mid-size companies where Cyrus was the chairman did better on bourses than large Tata group companies
Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.
'Jaguar Land Rover will manage the long-term impact and implications of this decision.'
Iron-rich noodles and vitamin-rich beverages are some products launched by segment majors
From disbursing Rs 25.11 crore to political parties in 2014-2015, the Tata group is learnt to have contributed Rs about Rs 600 crore towards the 2019 Lok Sabha election.
IT, pharma and FMCG stocks are the top performers in 2013.
The company's Indian operation, a joint venture with Tata Global Beverages, has got a new CEO.
Tata Consultancy Services, the $73 billion IT group, is India's biggest company by market value and four times the size of any other listed Tata entity
IT major nears $100 bn m-cap, accounts for 61% of the group's combined valuation.
The Starbucks partnership will take couple of years to break-even.
Shareholders feel Cyrus Mistry is slowly slipping into Ratan Tata's shoes
The company, which has so far invested $2 billion in the country since its entry in 1989, said the investment will be made to strengthen its capability in various strategic areas, including innovation, manufacturing, infrastructure and agriculture.
Attractions range from start-up challenges to non-monetary perks; employee stock options also play a role.
The Tata Group has close to 110 companies and Chandrasekaran plans to bring this number down to around five or six.
After Singapore this is the second such nodal office opened by the new group chairman.
On the other hand, the group's two traditional cash cows, TCS and Tata Motors' subsidiary Jaguar Land Rover, are slowing as other businesses pick up pace
'Today, according to the law, you can't even claim legal expenses when fighting a case as a non-executive director unless you are acquitted. Given how high legal expenses are, that alone is enough to scare anyone away.'
This measure will ensure that the price of a scrip cannot move upward or downward beyond a limit set for the day.
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