TITLE

Drinking Up

AUTHOR(S)
Dinakar, S.
PUB. DATE
October 2006
SOURCE
Forbes Asia;10/16/2006, Vol. 2 Issue 17, p26
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the deals made by Indian beverage company Tata Tea and the impact of these deals on the company. In just six years R.K. Krishna Kumar, vice chairman of Tata Tea, has spent nearly $1.4 billion on purchases in the U.S., Great Britain and elsewhere, transforming the Indian company from little more than a commodity business running tea plantations into a multinational beverage outfit. At the same time, though, Kumar's big bets have loaded up Tata Tea with expensive debt.
ACCESSION #
22893749

 

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