Did you know that Tata’s foray into the beverage space goes back as early as May, 1963 when Tata-Finlay Ltd, Tata Group's tea, coffee, and spices business, was established as a joint venture with James Finlay and Company, a Scottish firm?
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Since then the Tata group has grown organically and inorganically in the food beverage space. However, their holding structure with the group companies was very complex.
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In 2017, when N Chandra took over the charge of Tata Sons and adopted a strategy to disentangle cross-holdings and simplify structures, the seeds of transformation in Tata Consumer products (erstwhile Tata Global Beverages) were sown.
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In a book titled 'Reimagining India: Unlocking The Potential of Asia's Next Superpower', Schultz wrote an essay.
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In the essay, he mentioned this incident at the celebratory dinner, the night of Tata Starbucks' first store's opening in Mumbai. Ratan Tata offered a toast which moved Schultz.
He writes in the book,
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"A few weeks after returning from the opening of our Mumbai store, we held one of our big open forum meetings where we get the entire company together. And as I tried to describe that moment for everyone, something came over me. I started to cry. ..
Before moving further, look at this video (4-6 mins) to see how uniquely the MD & CEO Sandipan Chattopadhyay defines AI.
Thread follows
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~Started in 2015- 24 people
~IPO in 2019
~End-to-end IT service provider
~Product Dev, Data Science & Analytics
~Next Gen Tech: Al & ML
~Core theme: HEAL (Health, Edu, Agri & Livelihood)
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A unique business of providing tech solutions in exchange for equity.
A multi-cloud, multi-service business architecture, with composable tiles that together deliver the working applications and processes needed in an enterprise
Mr. Anand Deshpande (@anandesh), after completing his Ph. D. in Computer Science, quit his job at HP Labs in the USA. He returned to India in 1990.
And from there started a 30 Year Transformational Journey of Persistent Systems
A thread
1990- 2001
Persistent at that time was a technology provider for database product companies primarily in the USA and other western countries.
Milestones in 1999
~Reached 100 employees in
~Got 1st external investor in Intel 64 Fund
~Revenue crossed 10 Cr
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2001-2008
~Innovation partner for software product companies
~Stayed away from the IT outsourcing services wave
~Focused on Outsourced Product Development
~Became a leader in this space
~Employees 1000
~Revenue crosses 100 Cr
~$18.8 Mn funding from Norwest & Gabriel
An interesting insight from the WhatsApp University
17 LakhAbhimanyus have entered chakravyuh, will they Survive?
A Thread!
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SEBI chief recently expressed his concern over 23 Lakh new demat accounts opened in April/May 2020 and increased stock trading by investors.
2/ In Mahabharat, the youngest warrior Abhimanyu got killed attempting to break the chakravyuh. He knew how to enter the Chakravyuha but knew nothing about how to come out of it.