Tata Consumer Products (TCP), the consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella, has announced the promotion of Puneet Das as the Company’s new President – Packaged Beverages, India & South Asia Puneet Das was earlier Senior Vice President- Marketing for the India beverages business. He…
Tag: tata consumer products limited
TV Swaminathan joins Tata Consumer Products as Global Chief Digital Officer
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•Tata Consumer Products (TCP) has announced the appointment of TV Swaminathan as global chief digital officer (CDO), effective from March 2021. In this new role, Swaminathan will be responsible for charting out and executing a digital roadmap for the company. This includes enabling the business from a digital perspective, as well as enhancing analytical capabilities.…
Tata Consumer Products divests MAP Coffee business to Buccheri Group
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•Tata Consumer Products, a F&B focused consumer products company, has decided to divest its MAP Out of Home coffee business in Australia to Buccheri Group Pty Ltd, a Boutique Coffee manufacturer established in Australia in 2007, and led by Santo Buccheri and his family. This divestment does not impact Tata Consumer Products’ existing branded tea…
Senior leadership of Tata Group companies to take up to 20% pay cut
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•As the coronavirus pandemic affects business revenues and future plans due to uncertainty of the economic environment, organizations have started to give their employees salary cuts to conserve cash during the crisis. Joining the likes of many other companies, Tata Sons have also decided to move ahead with salary cuts for its top brass. For…
Tata Consumer acquires Pepsico’s stake in NourishCo Beverages
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•Tata Consumer Products Limited announced that it will acquire PepsiCo’s stake in NourishCo Beverages Limited, a 50:50 joint venture (JV) between the two Companies. The JV was formed in 2010 through a joint venture agreement between Tata Global Beverages and PepsiCo India. Tata Consumer said that the acquisition will widen its portfolio in the Food…
Tata Consumer partners with Flipkart to provide essential commodities amid coronavirus lockdown
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•In an attempt to provide essential commodities to Indians stuck at their homes due to the lockdown, E-commerce platform Flipkart and TataConsumer Products Limited has signed a partnership. As part of the partnership, Tata Consumer Products’ distributors will list as marketplace sellers on the Flipkart platform. Consumers can use the Flipkart platform to buy different…
Sunil A. D’Souza to take over as MD & CEO of Tata Consumer Products; Ajoy Kumar Misra exits
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•Sunil A. D’Souza will take over as Managing Director & CEO of Tata Consumer Products Limited ( formerly Tata Global Beverages Limited) effective from April 4, 2020. The company had announced his appointment to the role in December 2019. Sunil, has earlier worked with Whirlpool, and prior to that with Pepsico.