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Tata Consumer s Nifty inclusion a recognition of Tata group s investment thesis & execution: Sunil D Souza
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Tata Consumer s Nifty inclusion a recognition of Tata group s investment thesis & execution: Sunil D Souza
Last Updated: Mar 03, 2021, 10:00 PM IST
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Competition is a reality, it dials up and down. I need to make sure that my business is on a strong footing to tackle it and move on with business, says
How does it feel that now that Tata Consumer is part of Nifty 50?
Before I answer that question, I would like to give the reasons why Tata Consumer is now part of Nifty 50. It is probably the results that we have delivered so far in the nine months as Tata Consumer Products. Last quarter we delivered 23% top line, 29% net profit, and even for the nine months, it is a perfect flow through 18% top line, 26% EBITDA and 47% net profit.
By siliconindia | Thursday, 11 February 2021, 11:51 Hrs Tata Starbucks’ CEO Navin Gurnaney steps down in order to pursue an opportunity outside of the organization. Under his leadership, the organization has winessed accelerated growth, new city entries and store formats, numerous contributions related to social impact initiatives, as well as innovative product offerings. With this shift, Sushant Dash would take charge asTata Starbucks as CEO Designate with effect from April 1, 2021 and take over as CEO on May 1, 2021. Commenting on the announcement, Sunil D’Souza, MD & CEO, Tata Consumer Products Limited (TCPL) says, “Navin has made significant contributions to the Tata Starbucks business in India, stepping up expansion and enhancing the customer experience. Navin has been a great asset to the Company and we wish him success in his future endeavours. We remain committed to growing the Tata Starbucks business and brand and are happy
Tata Starbucks announces Sushant Dash as CEO designate effective April 1, 2021
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Navin Gurnaney, CEO, has made the decision to pursue an opportunity outside of the company. Under Gurnaney’s leadership, the company experienced accelerated growth, new city entries and store formats, numerous contributions related to social impact initiatives, as well as innovative product offerings.
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Dash joins Tata Starbucks from Tata Consumer Products where he is currently president – packaged beverages business, India, Bangladesh, and Middle East.
Tata Starbucks has brought on board Sushant Dash as CEO designate effective April 1, 2021, taking over as CEO on May 1, 2021, said a statement issued today.