Tag Archives: Beverages

Tata Global Beverages may sell its China operations

Tata Global Beverages on Wednesday said it might sell its loss-making China subsidiary. The company’s Chinese subsidiary, called Zhejiang Tata Tea Extraction Company, reported a net loss of Rs. 15 crore in the previous financial year. “For China, we are exploring different options, which could be restructuring or a sale,” Cyrus Mistry, the Tata Group Chairman, said at… Read More »