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Depresso! Cafés go through the grinderStarbucks, Barista, Chaayos, and Third Wave Coffee are facing a slowdown in growth due to rising competition and reduced consumer spending....
Starbucks 'fully committed' to Indian market, says India JV Tata StarbucksTata Starbucks refuted exit rumors, reaffirming its commitment to India's growing coffee market. Despite widening losses to ₹79.97 crore in...
Tata Consumer Products denies reports on exit of Starbucks from IndiaTata Group refuted rumors of Starbucks leaving India. Starbucks operates 457 stores in India through a joint venture with Tata. The company...
Tata Starbucks plans to scale up cafes to 1,000 by FY28: MD & CEO Sunil D'souzaTata Consumer Products sees significant potential in coffee business in India and aims to scale up its Tata Starbucks cafes to 1,000 outlet...
Tata Consumer Q2 Results: Profit rises 3% YoY to Rs 338 crore; revenue up 11%Revenue from operations during the reporting second quarter jumped 11% year-on-year (YoY) to Rs 3,734 crore. The same was at Rs 3,363 crore...
Tata Consumer Q4 Results: Net profit rises 23% YoY to Rs 268 crore; dividend declared at Rs 8.45/shareRevenue growth mainly driven by underlying growth of 15% in India, 6% in international and 9% in non-branded businesses.
Tata Consumer Products to acquire Tata SmartFoodz for Rs 395 crTCPL has signed a definitive agreement to acquire 100 per cent equity shares of TSFL, a deal which will help the Tata group FMCG arm to ent...
Tata Consumer Products to transfer its tea chain to IHCL"Tata Consumer Products continually evaluates its businesses in line with its strategy and business objectives. As a result of this process...
Tata Starbucks announces Sushant Dash as CEO designate effective April 1, 2021Navin Gurnaney, CEO, has made the decision to pursue an opportunity outside of the company. Under Gurnaney’s leadership, the company experi...
Add Tata Consumer, target price Rs 400: ICICI DirectCore RoCE is expected to improve to 19 per cent in FY22E from 13.4 per cent in FY20E on the back of improvement in asset turns and better m...
Indian consumers not so sensitive to discounts: Indian FMCG LeadersIt was noted that in case of online shopping, convenience has overtaken discounts as a key driver for buying online.
ET Young Leaders B-School Jury 2016After going through three rounds of screening, the final shortlist of high potential talent from business schools across India will be gril...
Tata Coffee eyes premium specialty coffee player tagAiming to tap the growing specialty coffee market, Tata Coffee is looking to transform itself into a premium specialty coffee company from ...
Tata beverages to stick to core area 'tea and coffee'; to exploit its full potential"We are not saying that we will not enter into that segment at all. But for the time being, we don't want to lose focus on our core area an...
How Starbucks and Cafe Coffee Day are squaring up for control of India’s coffee retailing marketStarbucks, the world's largest coffee retailer and Café Coffee Day, India’s No. 1 chain, square off even as rival chains struggle to keep u...
ICICI's Chanda Kochhar named most powerful Indian businesswomanICICI Bank MD and CEO Chanda Kochhar has been named as the most powerful businesswoman in India by Fortune Magazine.
- Tata Global Beverages Q3 net up 25 per cent to Rs 80 crore
The company had posted a net profit of Rs 64.06 crore for the corresponding period previous fiscal, Tata Global Beverages said in a stateme...
- Buy Tata Global Beverages at lower levels: Deven Choksey
"I would want to buy Tata Global somewhere around close to 140-150 range. It is slightly off at this point of time from that range."
- Buy Tata Global Beverages: Ajay Srivastava, Dimensions Consulting
"It is a good story unfolding and we are still holding on and recommending a buy", Ajay Srivastava, Dimensions Consulting said.
- Buy Tata Global Beverages for long term: Lalit Thakkar, Angel Broking
The midcap consumption theme stocks one can buy, hold for two-three years and then see a very good upside to it.