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Revenue for the beverages major is up by 24 per cent. Company attributes higher expenses to commodity inflation and increased spends on advertising and marketing
According to Ramesh Chauhan, chairman of Bisleri International, Tata Consumer Products Ltd. will purchase the company for up to 7000 crore, the Economic Times newspaper said on Thursday. Requests for comment were not answered by Bisleri or Tata Consumer Products. Tata Consumer led all Nifty50 gainers today, climbing more than 2.5% in early trade. The Tata Group houses its consumer business