Among the sectors, Nifty Metal losses by 5.21%, IT down by 1.03%, Private Bank down by 0.63%, Oil & Gas down by 0.53%, Nifty Bank fell by 0.58%, while the Financial Services index ended 0.65% lower.
Tata Consumer Products on Thursday posted a consolidated net profit of Rs 299.75 crore, with a 5 per cent decline on a YoY basis, for the third quarter (Q3) of the financial year 2024-25, against Rs 316 crore in the same period of the last fiscal.
In two back to back deals, Tata Consumer Products on Friday stated it will acquire up to 100 per cent stake in Organic India
With the scheme of arrangement becoming effective on January 1, 2024, Tata Coffee will get dissolved without winding-up.
Ramesh Chauhan is divesting Bisleri International to Tata Consumer Products Ltd (TCPL) for an estimated Rs 6,000-7,000 crore, The Economic Times reported.
TCPL is also using data analytics for strategic planning and is working to make its products available everywhere, and all the time, Chandrasekaran added.
