Tata Global Shares, Tata Chemicals Spike After Consumer Business Deal

Tata Global Beverages and Tata Chemicals shares jumped on Thursday, a day after the announcement of transfer of the chemicals company's consumer business into the tea and coffee manufacturer Tata Global Beverages. Tata Chemicals shares surged as much as 8.36 per cent while Tata Global Beverages stock jumped as much as 10.62 per cent in intraday trade. Tata Global Beverages and Tata Chemicals board of directors in separate meetings ap...