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    TATACONSUM   INE192A01025

TATA CONSUMER PRODUCTS LIMITED

(TATACONSUM)
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Tata Consumer Products : launches CUSP (Caregivers Support Program), to support its employees in their parenthood journey

08/27/2021 EDT

August 27, 2021: Tata Consumer Products, the consumer products Company uniting the principal food and beverage interests of the Tata Group under one umbrella, has launched a comprehensive Caregivers Support Program, 'CUSP' for its employees in India who are new parents or are on the cusp of parenthood. The program is aimed at helping employees successfully balance their professional and personal commitments to foster a more inclusive and progressive workplace.

The CUSP program aims to equip, guide and support new parents, managers, and HR colleagues for the journey ahead through policies, benefits and comprehensive handbooks.

Amit Chincholikar, Global CHRO, Tata Consumer Products speaking about the new program said, 'We are delighted to offer a holistic program for employees who are on the cusp of parenthood. Enabling and supporting our colleagues through their parenthood journey is a privilege, and CUSP our Caregivers Support Program in India is our attempt at ensuring that they have the necessary support during this period. As part of CUSP, we are offering several benefits including flexible work arrangements for new mothers, day-care facilities, and counselling services for new parents.'

As part of the CUSP program, there are also provisions for employees who are adopting children and support for new fathers through the Paternity leave policy. The new program is applicable to all employees of Tata Consumer Products in India.

About Tata Consumer Products Limited:


Tata Consumer Products Limited is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella. The Company's portfolio of products includes tea, coffee, water, salt, pulses, spices, ready-to-cook offerings, breakfast cereals, snacks and mini meals. Tata Consumer Products is the 2nd largest branded tea company in the world. Its key beverage brands include Tata Tea, Tetley, Eight O'Clock Coffee, Tata Coffee Grand, Himalayan Natural Mineral Water, Tata Water Plus and Tata Gluco Plus. Its foods portfolio includes brands such as Tata Salt, Tata Sampann and Tata Soulfull. In India, Tata Consumer Products has a reach of over 200 million households, giving it an unparalleled ability to leverage the Tata brand in consumer products. The Company has an annual turnover of ~Rs. 11,600 cr with operations in India and International markets. For more information, please visit www.tataconsumer.com

Disclaimer

Tata Consumer Products Ltd. published this content on 27 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2021 12:01:08 UTC.


© Publicnow 2021
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Sales 2022 128 B 1 709 M 1 709 M
Net income 2022 11 089 M 148 M 148 M
Net cash 2022 28 291 M 378 M 378 M
P/E ratio 2022 68,1x
Yield 2022 0,60%
Capitalization 751 B 10 033 M 10 033 M
EV / Sales 2022 5,65x
EV / Sales 2023 5,06x
Nbr of Employees 2 852
Free-Float 65,3%
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Tata Consumer Products Limited Technical Analysis Chart | TATACONSUM | INE192A01025 | MarketScreener
Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 18
Last Close Price 826,95 INR
Average target price 799,67 INR
Spread / Average Target -3,30%
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Managers and Directors
Sunil A. D'Souza Chief Executive Officer, Executive Director & MD
Krishna Kumar Lakshmanan Group Chief Financial Officer & Executive Director
John Jacob Chief Financial Officer
Natarajan Chandrasekaran Chairman
Vikas Gupta Global Head-Research & Development