As part of the buyout deal, Bisleri’s current management team will continue for two years. It has reportedly set a target to reach a turnover of ₹5,000 crore within four years. Synopsis Addition of Bisleri to its portfolio may catapult TCPL to unquestioned leadership in the organised packaged water market ahead of Coca Cola’s Kinley … Read more
Coffee chain operator Tata Starbucks Ltd has reported a 76 per cent growth in revenue to Rs 636 crore for 2021-22 and “significantly” reduced its net loss, driven by normalisation of operations following easing of COVID-related restrictions. Its revenue growth was led by higher realisation from existing stores and new stores added during the financial … Read more
New Delhi: Wounded bulls were back in action on Dalal Street on Tuesday as domestic equity markets regained its lost ground. Bottom hunters flocked in a sync to push to benchmark indices higher, to register the biggest gain of the last one year. The 30-share pack Sensex rallied 1,736.21 points or 3.03 per cent to … Read more