Tata Plans to Unify F and B Businesses

Total Page：16

File Type：pdf, Size：1020Kb

Tata plans to unify F and B businesses 04 July 2018 | News | By NFS Correspondent Tata Group is considering a proposal to merge its food and beverage businesses into a single company. The country's biggest conglomerate is considering separating the salt and branded lentils businesses of Tata Chemicals Ltd. and merging them with Tata Global Beverages Ltd. The group is considering separating the salt and branded lentils businesses of Tata Chemicals Ltd. and folding them into Tata Global Beverages Ltd., according to the people who asked not to be named because the information is private. It’s also weighing merging Tata Coffee Ltd., which owns coffee plantations and tea gardens, with the beverages company, and entering dairy, they said. The proposal is part of Chairman Natarajan Chandrasekaran’s larger strategy to combine related businesses under a single umbrella to increase efficiency and simplify the conglomerate, which includes more than 100 independent operating companies. In April, the Tata group said it will create a single entity called Tata Aerospace & Defence by merging all allied businesses. “While shareholders will get a small piece of a larger universe that is less exposed to volatility, the company would get a management with sharper focus,” said Arun Kejriwal, founder of Kejriwal Research & Investment Services Pvt. in Mumbai. “The rationale behind folding food and beverage businesses into a single company is nothing but de-risking.” Tata Global Beverages, one of the biggest branded tea sellers in the world, could be renamed to reflect the broader focus on the foods business, the people said. The company sells tea under brands including Tetley and Tata Tea, coffee under Eight O’Clock and bottled water under Himalayan..

Copy Link

Recommended publications

CMC Limited Thirty Ninth Annual Report 2014 - 2015 Inside
CMC Limited Thirty ninth annual report 2014 - 2015 Inside Corporate Information 2 Notice 3 Directors’ Report 10 Management Discussion and Analysis 30 Corporate Governance Report 47 Certifi cate on Corporate Governance 60 Secretarial Audit Report 62 Secretarial Standards Report 64 Consolidated Financial Statements Independent Auditors’ Report 65 Balance Sheet 66 Statement of Profi t and Loss 67 Cash Flow Statement 68 Notes forming part of the Consolidated Financial Statements 70 Statement in Form AOC-1 related to Subsidiary Companies 99 Standalone Financial Statements Independent Auditors’ Report 100 Balance Sheet 102 Statement of Profi t and Loss 103 Cash Flow Statement 104 Notes forming part of the Financial Statements 106 Annual General Meeting will be held on Thursday, 11 June, 2015 at CMC’s Auditorium at its Registered Offi ce, CMC Centre, Old Mumbai Highway, Gachibowli, Hyderabad-500 032 at 3:00 p.m. As a measure of economy, copies of the Annual Report will not be distributed at the Annual General Meeting. Members are requested to bring their copies to the meeting. Visit us at www.cmcltd.com 1 CMC Limited Thirty ninth annual report 2014 - 2015 CORPORATE INFORMATION Board of Directors Statutory Auditors Mr. N Chandrasekaran (Chairman) M/s Deloitte Haskins & Sells Mr. R Ramanan (Managing Director & CEO) Chartered Accountants Mr. S Mahalingam Mr. Sudhakar Rao Secretarial Auditors Prof. M S Ananth M/s Chandrasekaran Associates Company Secretaries Mr. Ashok Sinha Ms. Aarthi Subramanian Internal Auditors M/s Ernst & Young, LLP Board Committees: Principal Bankers Canara Bank Audit Committee State Bank of Bikaner & Jaipur Mr. Sudhakar Rao ICICI Bank Mr.
[Show full text]
INDIA REPORT Celebrating 22 Years Independent, Objective, Succinct Analysis Over 800 Issues Since 1995
INDIA REPORT Celebrating 22 years Independent, objective, succinct analysis Over 800 issues since 1995 LALCAP Deepak N. Lalwani OBE, FCSI, FCCA E: [email protected] London, 19 January 2017 Other Markets: Level & % YTD Bombay Sensex 30 : 5 Year Chart (closing values) 30,000 ASIA: CHINA Shanghai: 3,101 (n/c) JAPAN Nikkei 225: 19,073 (n/c) 25,000 Bombay Sensex 30 200DMA 50DMA EUROPE: UK FTSE: 7,205 (+1%) GERMANY DAX: 11,602 (+1%) 20,000 2017 Hi: 27,308 (19/1/17) 2017 Lo: 26,595 (2/1/17) USA: Dow Jones: 19,750 (n/c) All Time High: 29,682 (29/01/15) GOLD: $1198.75 (n/c) 15,000 SILVER: $16.83 (+6%) BRENT OIL: $52.44 (-4%) Jan.13 Jan.14 Jan.15 Jan.16 Jan.17 Jan.12 Source: closing values, chart & following table: Bloomberg Close: Index PE 5 Year PE Indian Currency 19 Jan 2017 Level Pts Chg- % Chg 2017/18 Avg High Low INR ₹ / USD $1= Rs68.10 (n/c) Day YTD SENSEX 30 27,308 +51 +2.6% 17.0x 19.4x 24.0x 15.2x INR ₹ / GBP £1= Rs83.89 (n/c) NIFTY 50 8,435 +18 +3.1% 16.7x 17.9x 23.0x 14.2x INR ₹/ EUR €1= Rs72.39 (-1.3%) .2% I.T. guru Natarajan Chandrasekaran, 53, who is CEO of Tata of the founder Mr J.N. Tata, chaired from 1932-38. Mistry, who Consultancy Services (TCS) is to become the new executive succeeded patriarch Ratan Tata who backed his appointment in chairman of Tata Sons, the holding company of the Tata Group of December 2012, has been in an extraordinary public and bruising companies.
[Show full text]
20F for 2019
As filed with the Securities and Exchange Commission on July 30, 2019 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of event requiring this shell company report Commission file number: 001-32294 TATA MOTORS LIMITED (Exact name of Registrant as specified in its charter) Bombay House 24, Homi Mody Street Republic of India Mumbai 400 001, India (Jurisdiction of incorporation or organization) (Address of principal executive offices) H.K. Sethna Tel.: +91 22 6665 7219 Facsimile: +91 22 6665 7790 Email: [email protected] Address: Bombay House 24, Homi Mody Street Mumbai 400 001, India (Name, Telephone, Facsimile number, Email and Address of company contact person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of Each Exchange On Which Registered Ordinary Shares, par value Rs.2 per TTM New York Stock Exchange share* Securities registered or to be registered pursuant to Section 12(g) of the Act: None (Title of Class) Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: ‘A’ Ordinary Shares, par value Rs.2 per share (Title of Class) Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the period covered by the annual report: 2,887,348,694 Ordinary Shares and 508,502,371 ‘A’ Ordinary Shares, including 323,696,360 Ordinary Shares represented by 64,735,220 American Depositary Shares (“ADSs”), outstanding as of March 31, 2019.
[Show full text]
Agm-Notice-2021.Pdf
Notice NOTICE IS HEREBY GIVEN THAT THE ONE HUNDRED the Company, not liable to retire by rotation, to hold office AND SECOND ANNUAL GENERAL MEETING OF THE for a second term of 5 years commencing with effect from TATA POWER COMPANY LIMITED will be held on 14th October 2021 upto 13th October 2026, based on the Monday, the 5th day of July 2021 at 3 p.m. (IST) through recommendation of the Nomination and Remuneration Video Conferencing/Other Audio Visual Means, to transact Committee and the Board.” the following business: 6. Re-appointment of Ms. Vibha Padalkar (DIN: 01682810) as an Independent Director Ordinary Business: 1. To receive, consider and adopt the Audited Financial To consider and, if thought fit, to pass the following Statements of the Company for the financial year ended resolution as a Special Resolution: 31st March 2021, together with the Reports of the Board “RESOLVED that pursuant to the provisions of Sections of Directors and the Auditors thereon. 149, 152 and other applicable provisions, if any, of the Companies Act, 2013 (the “Act”) (including any statutory 2. To receive, consider and adopt the Audited Consolidated modification or re-enactment thereof for the time being Financial Statements of the Company for the financial year in force), read with Schedule IV to the Act, the Companies ended 31st March 2021, together with the Report of the (Appointment and Qualifications of Directors) Rules, 2014 Auditors thereon. (the “Rules”), as amended from time to time, Regulation 17 and other applicable regulations of the Securities 3. To declare a dividend on Equity Shares for the financial and Exchange Board of India (Listing Obligations and year ended 31st March 2021.
[Show full text]
BETTER WORLD the TATA GROUP and the Sdgs the TATA GROUP and the Sdgs Contents
WE DREAM OF A BETTER WORLD THE TATA GROUP AND THE SDGs THE TATA GROUP AND THE SDGs Contents Goal 8 - Decent Work and Introduction 1 68 Economic Growth Goal 9 - Industry, Innovation and What are the SDGs? 2 78 Infrastructure Mapping Goal 10 - Reduced Inequalities 4 84 We are experiencing sweeping This document illustrates how the social and environmental changes Tata group companies’ activities across geographies, impacting lives are contributing to the realisation Goal 11 - Sustainable Cities Foreword and livelihoods. These changes of the SDGs either through their 6 92 and Communities call for need-based interventions, business or through CSR. Besides, supported by the active participation it describes the measurable impact of diverse stakeholders and that these activities can have on Goal 12 - Responsible Consumption The Business Case for the SDGs interventions that deliver measurable improving the quality of life and 8 98 and Production outcomes bringing lasting change. enhancing stakeholder value across The Sustainable Development communities they touch. The SDGs Goals (SDGs), also known as the have now become a blueprint to Making SDGs work for the Tata group Goal 13 - Climate Action Global Goals, launched in 2015, help achieve and contribute to 10 112 are a universal call to action to corporate responsibility. end poverty, protect the planet and ensure that people enjoy Goal 1 - No Poverty Goal 14 - Life below Water peace and prosperity. The SDGs 12 120 provide business an unprecedented opportunity to make positive impact in the lives of many. Goal 2 - Zero Hunger Goal 15 - Life on Land 20 128 The Tata group contributes to the realisation of the SDGs by supporting Goal 16 - Peace, Justice and Strong sustainable and meaningful actions Goal 3 - Good Health and Well-being Institutions in the communities in which it 26 136 operates.
[Show full text]
Tata Steel in Europe Fact Sheet Sept 2020
TATA STEEL IN EUROPE Tata Steel is one of Europe’s leading steel producers, with steelmaking in the Netherlands and the UK, and manufacturing plants across Europe. The company makes high-quality strip steel products for demanding markets such as construction, automotive, packaging and engineering. KEY FACTS KEY DATES Headquarters Global: Mumbai, India 1905: Original Port Talbot European: London, UK steelworks opens Tata Steel Chairman Natarajan Chandrasekaran 1907: Tata Steel established Tata Steel group Chief 1912: T V Narendran Executive Ocer of steel at Jamshedpur, India Tata Steel Europe's Henrik Adam, Chief Executive Ocer 1918: IJmuiden steelworks company founded Executive Committee Karl Haider, Chief Commercial Ocer Sandip Biswas, Executive Director and Chief 1999: Corus formed through Financial Ocer merger of British Steel and Tor Farquhar, Executive Director Human Resources Koninklijke Hoogovens Helen Matheson, Director Legal and Company 2007: Tata Steel acquires Corus Secretary Ernst Hoogenes, Chief Technical Ocer DEDICATED CUSTOMER Deliveries from Tata 9.3 million tonnes in year to March 2020 Steel Europe SERVICE, BACKED BY INNOVATION Tata Steel has operations in 26 countries and a Global presence commercial presence in more than 50 countries Tata Steel’s whole business is geared towards understanding its customers’ needs. Primary steelmaking IJmuiden, Netherlands The company oers a range of dierent (Europe) Port Talbot, Wales, UK services backed up by world-class research and development facilities, a customer- European downstream
[Show full text]
The Resilient Enterprise: Growth and Transformation
PERSPECTIVES PERSPECTIVES VOL. 14 THE RESILIENT ENTERPRISE: VOL. 14 GROWTH AND TRANSFORMATION TCS MANAGEMENT JOURNAL MANAGEMENT TCS IT Services Business Solutions Consulting TCS MANAGEMENT JOURNAL www.tcs.com Tata Consultancy Services is an IT services, consulting and business solutions organization that partners with many of the world’s largest businesses in their transformation journeys. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent AgileTM delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India’s largest multinational business group, TCS has a global footprint and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS’ proactive stance on climate change and award- winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com. For the most up-to- Copyright © 2021 Tata Consultancy Services date content and Limited. All content/information present here news, download the is the exclusive property of Tata Consultancy ‘TCS Perspectives’ Services Limited (TCS). The content/ information contained here is correct at app for your iOS and the time of publishing. No material from Android device. here may be copied, modified, reproduced, republished, uploaded, transmitted, posted or distributed in any form without prior Contact written permission from TCS. Unauthorized If you would like to read other issues of our consulting journal, use of the content/information appearing please visit www.tcs.com/perspectives.
[Show full text]
Fiftieth CONVOCATION Thursday, 15 June 2017 Chief Guest
Fiftieth CONVOCATION Thursday, 15th June 2017 Chief Guest Mr. Natarajan Chandrasekaran Chairman, TATA SONS Mr. Natarajan Chandrasekaran is Chairman of the Board of Tata Sons, the holding company and promoter of more than 100 Tata operating companies with aggregate annual revenues of more than US$100 billion. He joined the board of Tata Sons in October 2016 and was appointed Chairman in January 2017. Mr. Chandrasekaran also chairs the Boards of several group operating companies, including Tata Steel, Tata Motors, Tata Power, Indian Hotels and Tata Consultancy Services (TCS) - of which he was chief executive from 2009-17. The Tata group companies include 29 publicly-listed corporations with a combined market capitalisation that exceeded US$120 billion at the start of 2017. His appointment as Chairman followed a 30-year business career at TCS, which he joined from university. Mr. Chandrasekaran rose through the ranks at TCS to become CEO and managing director of the leading global IT solution and consulting firm. Under his leadership, TCS generated total revenues of US$16.5 billion in 2015-16 and consolidated its position as the largest private sector employer in India and the country’s most valuable company. TCS has also been placed among the ‘Big 4’ most valuable IT services brands worldwide, ranked as one of the World’s Most Innovative Companies by Forbes and recognised as a Global Top Employer by the Top Employers Institute across 24 countries. Mr. Chandrasekaran embedded a culture of customer-focus and innovation at TCS. In addition to his professional career at Tata, Mr. Chandrasekaran was also appointed as a director on the board of India’s central bank, the Reserve Bank of India, in 2016.
[Show full text]
TATA 3209 Tata Steel in Europe Factsheet ENG
TATA STEEL IN EUROPE Tata Steel is one of Europe’s leading steel producers, with steelmaking in the UK and in the Netherlands, and manufacturing plants across Europe. The company supplies high-quality strip steel products to demanding markets such as construction, automotive, packaging and engineering. KEY FACTS KEY DATES Headquarters Global: Mumbai, India 1905: Original Port Talbot European: London, UK steelworks opens Tata Steel Chairman Natarajan Chandrasekaran 1907: Tata Steel established Tata Steel group Chief 1912: Tata Steel makes first ingot T V Narendran Executive Officer of steel at Jamshedpur, India Tata Steel Europe's Hans Fischer, Chief Executive Officer and Chief 1918: IJmuiden steelworks Executive Committee Technical Officer company founded Henrik Adam, Chief Commercial Officer 1999: Corus formed through Tor Farquhar, Executive Director Human Resources merger of British Steel and N K Misra, Executive Director Finance Koninklijke Hoogovens Bimlendra Jha, Chief Executive Officer, Tata Steel UK 2007: Tata Steel acquires Corus Helen Matheson, Director Legal and Company Secretary DEDICATED CUSTOMER Deliveries from Tata 10.0 million tonnes in year to March 2018 Steel Europe SERVICE, BACKED BY INNOVATION Tata Steel has operations in 26 countries and a Global presence commercial presence in more than 50 countries Tata Steel’s whole business is geared towards understanding its customers’ needs. Primary steelmaking IJmuiden, Netherlands The company offers a range of different (Europe) Port Talbot, Wales, UK services backed up by world-class
[Show full text]
Tourism Best Way to Promote Dialogue
www.thenorthlines.com www.epaper.northlines.com Volthe No: XXI|Issue No. 305northlines | 26.12.2016 (Monday) |Daily | Price ` 2/-| Jammu Tawi | Pages-12 |Regd. No. JK|306|2014-16 It's only the beginning to nail the corrupt: PM Jammu celebrates Christmas NL CORRESPONDENT "It was my earnest wish that NEW DELHI, DEC 25 the ongoing campaign against corruption and black Prime Minister Narendra money, including the realm Modi said on Sunday that of political parties and the central government political funding, be would implement the law discussed extensively in the that dealt with 'benami' Parliament. Had the House properties, as he vowed to functioned properly, there continue his "battle against would have been black money". comprehensive In the last monthly 'Mann deliberation." Ki Baat' address for this "Some people are spreading year, Modi claimed his rumours that political "fight against black money" "defeat" those trying to crackdown on black money this fight," he said. parties enjoy all kinds of was just getting started and manipulate the system. He were a result of tip-offs that He also criticised rival concessions. These people that "there was more to also claimed the they received from the parties for "endlessly are absolutely in the wrong. come". establishment was doing public. finding fault" in the The law applies equally to NL CORRESPONDENT Christmas special services, churches. Devotees He also defended frequent "all it could" to deal with "I assure you that this is not government and having all. Whether it is an JAMMU TAWI, DEC 25 followed by heightened including school children changes to the central challenges and ease the the end.
[Show full text]
N Chandrasekaran
N Chandrasekaran Executive Chairman, Tata Sons Natarajan Chandrasekaran is Chairman of the board of Tata Sons, the holding company and promoter of more than 100 Tata operating companies with aggregate annual revenues of more than US $100 billion. He joined the board of Tata Sons in October 2016 and was appointed Chairman in January 2017. Chandra also chairs the boards of several group operating companies, including Tata Steel, Tata Motors, Tata Power, Tata Global Beverages, Indian Hotels Company and Tata Consultancy Services (TCS) — of which he was chief executive from 2009-17. The Tata group companies include 29 publicly- listed corporations with a combined market capitalisation that exceeded US $120 billion at the start of 2017. His appointment as Chairman followed a 30-year business career at TCS, which he joined from university. Chandra rose through the ranks at TCS to become CEO and managing director of the leading global IT solutions and consulting firm. Under his leadership, TCS generated total revenues of US $16.5 billion in 2015-16 and consolidated its position as the largest private sector employer in India and the country’s most valuable company. TCS has also been placed among the ‘big 4’ most valuable IT services brands worldwide, ranked as one of the World’s Most Innovative Companies by Forbes and recognised as a Global Top Employer by the Top Employers Institute across 24 countries. Chandra embedded a culture of customer-focus and innovation at TCS. In addition to his professional career at Tata, Chandra was also appointed as a director on the board of India’s central bank, the Reserve Bank of India, in 2016.
[Show full text]
Ssc Banking Manthan
MANTHAN Current Affairs Supplement – June, 2020 SSC BANKING MANTHAN wzz SSC Banking Manthan : June, 2020 Page : 1 MANTHAN Current Affairs Supplement – June, 2020 Preface Dear Readers, The “Current Affairs” section is an integral part of any examination. This edition of Manthan has been developed by our team to help you cover all the important events of the month for the upcoming exams like SSC Banking, Insurance and RBI etc. This comprehensive bulletin will help you prepare the section in a vivid manner. We hope that our sincere efforts will serve you in a better way to fulfil aspirations. Happy Reading! Best Wishes Team CL SSC Banking Manthan : June, 2020 Page : 2 MANTHAN Current Affairs Supplement – June, 2020 CONTENTS POLITY AND GOVERNANCE .................................................................................................................................. 4 National ....................................................................................................................................................................... 4 International .............................................................................................................................................................. 28 ECONOMY AND FINANCE ................................................................................................................................... 36 Economy News .........................................................................................................................................................
[Show full text]