Tata Consumer Products
Indian consumer products company
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| March 31 2024 | Shareholding pattern report updated, showing Tata Group as the primary shareholder with 33.55% stake, followed by Foreign Institutional Investors (FIIs) at 25.46%, Domestic Institutional Investors (DIIs) at 17.39%, and Public shareholders at 23.59%. |
| January 2024 | Acquired Capital Foods (owner of Ching's Secret and Smith & Jones brands) for ₹5,100 crore and Organic India for ₹1,900 crore. |
| 2023 | The company launched an advertisement campaign called #ItStartsWithYourName, featuring transgender model and actress Siya Malasi. |
| July 2022 | Launched premium honey products and flavoured preserves under the Himalayan brand name, and introduced plant-based meat products under the Tata Simply Better brand. |
| May 1 2022 | Announced merger of Tata Coffee with Tata Consumer Products, with shareholders to receive 3 shares in Tata Consumer Products for every 10 shares of Tata Coffee, expected to complete in late 2023. |
| November 12 2021 | Tata Consumer Products acquired complete control of Tata SmartFoodz Limited from Tata Industries Limited. |
| August 2021 | Starbucks entered Rajasthan by opening 2 stores in Jaipur. |
| May 1 2021 | Sushant Dash replaced Navin Gurnaney as CEO of Tata Starbucks. |
| February 2021 | Starbucks entered Madhya Pradesh by opening 3 stores in Indore and Bhopal. |
| February 10 2021 | The company announced that Navin Gurnaney was stepping down as CEO. |
| November 2020 | National Anti-Profiteering Authority (NAA) upheld DGAP's investigation findings, fined Tata Starbucks and ordered the company to reduce product prices to pass on tax reduction benefits to customers. |
| October 22 2020 | Starbucks opened its 200th store in Amritsar, Punjab. |
| July 13 2020 | The first drive-through Starbucks outlet in India was opened at Zirakpur, Punjab. |
| February 2020 | Tata Consumer Products was formed through the merger of Tata Chemicals' consumer products business with Tata Global Beverages, transforming the company's corporate structure and market positioning. |
| February 7 2020 | TGBL became operational following the Scheme of Arrangement with TCL and was renamed Tata Consumer Products Limited, combining food and beverages brands under a single umbrella. |
| 2019 | Launched the Starbucks Delivers program in partnership with Swiggy, initially starting home delivery services in Mumbai with plans to expand to other cities. |
| August 8 2019 | Starbucks simultaneously opened five stores in Surat and Ahmedabad, with a flagship store at Prahlad Nagar, Ahmedabad. |
| August 7 2019 | Starbucks announced its entry into the Gujarat market. |
| May 15 2019 | Tata Chemicals Limited (TCL) announced de-merger of Consumer Products Business into Tata Global Beverages Limited (TGBL) through a National Company Law Tribunal approved scheme of arrangement. |
| March 2019 | Directorate General of Anti Profiteering (DGAP) investigation found Tata Starbucks guilty of profiteering by not reducing goods and services tax (GST) charged on coffee after the tax rate was lowered in November 2017. |
| March 18 2019 | Starbucks opened its largest coffee-forward store in India at Vittal Mallya Road, Bangalore, which was its 140th outlet in the country. |
| February 21 2019 | CEO Navin Gurnaney announced that Tata Starbucks would transition to using only compostable and recyclable packaging materials across all stores from June 2020. |
| September 28 2018 | SardarBuksh owner agreed to change the company's name following the Starbucks lawsuit, with co-founder Sanmeet Singh Kalra acknowledging that their name rhymed with Starbucks. |
| July 2018 | Starbucks Corporation filed a lawsuit in the Delhi High Court against Delhi-based coffee chain SardarBuksh for allegedly copying their name and logo. |
| January 2017 | Tata Starbucks introduced Teavana tea brand, offering 18 different tea varieties across its Indian outlets, including the India Spice Majesty Blend uniquely developed for the Indian market. |
| June 15 2015 | Tata Starbucks announced suspension of use of ingredients not approved by the Food Safety and Standards Authority of India (FSSAI), and began the process of seeking ingredient approvals. |
| November 22 2013 | Starbucks opened a 3,000-square-foot flagship store in Koramangala, Bangalore, making it the fourth city with a Starbucks outlet. |
| September 8 2013 | Starbucks opened an outlet in Pune at Koregaon Park, becoming the third city in India with a Starbucks store. |
| July 8 2013 | Tata Global Beverages opened its 50th Starbucks location in India, which was in Chennai. |
| January 24 2013 | Starbucks expanded to Delhi by opening 2 outlets at Terminal III of the Indira Gandhi International Airport, and later one in Connaught Place. |
| January 30 2012 | Tata Consumer Products Limited and Starbucks formed a 50:50 joint venture called Tata Starbucks Limited to own and operate Starbucks outlets in India, with initial stores launched in Delhi and Mumbai. |
This contents of the box above is based on material from the Wikipedia articles Tata Starbucks & Tata Consumer Products, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.