Tata Global Beverages to explore restructuring or selling China operations – Business Standard
Tata Global Beverages (TGBL) is exploring multiple options, including restructuring or sale, for its China operations. TGBL chairman, Cyrus Mistry, acknowledged that the company has had challenges in China operations. We continue to have those challenges and the reason was from a production perspective, he said, responding to a shareholder query on the…