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India's Tata Coffee on Thursday reported a near 63% rise in second-quarter profit, as lower costs and higher prices for its premium brands such as Gold and Eight o'clock coffee more than offset...
Prabhat Pani - They would think that this statement would maybe imply the improved means of communication/telephony amongst the employees across the widely spread (and remote) plantation geographies, and maybe use of ERP systems in the organized sector, , ESG Standards, climate change, BW Sustainability
Tata Consumer Products Ltd (TCPL) on Tuesday announced the merger of all businesses of Tata Coffee Ltd with itself as part of a reorganisation plan in line with its strategic priority of unlocking synergies and efficiencies.
While the plantation business of Tata Coffee Ltd (TCL) will be demerged into TCPL's wholly-owned arm TCPL Beverages & Foods Ltd (TBFL), the remaining business of TCL, consisting of its extraction and branded coffee business, will be merged with TCPL, the company said in a statement, , tata coffee, Tata Consumer Products
The Board of Directors of both companies have approved the combination of the plantation business of TCL with TBFL and the non-plantation business with TCPL through a composite scheme of arrangement for demerger and merger (“Scheme”).