Tata Starbucks, the 50:50 joint venture between between Tata Global Beverages and Starbucks Coffee International, Inc., USA is reportedly planning to open around 100 Starbucks cafes in the country by next year. Further, the company is all set to increase its authorized share capital to Rs 150 crore from current Rs 70 crore by creating additional 150 million equity shares of Rs 10 each.
Earlier in this month, Tata Starbucks has opened a new store at Korum mall in Thane, near Mumbai.
Tata Global Beverages, formerly known as Tata Tea, is a multinational non-alcoholic Beverages Company headquartered in Kolkata, West Bengal, India and a subsidiary of the Tata Group. It is the world's second-largest manufacturer and distributor of tea. Tata Global Beverages markets tea under the major brands Tata Tea, Tetley, Good Earth Teas and JEMCA.
Company Name | CMP |
---|---|
Tata Consumer Produc | 901.80 |
CCL Products (India) | 741.30 |
Mcleod Russel | 45.18 |
Goodricke Group | 266.00 |
Jay Shree Tea | 127.20 |
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