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Starbucks closing in on retail deal with Tata Coffee Posted: 19 Jan 2012 09:00 AM PST MUMBAI (Reuters) – Starbucks Corp , the world's largest coffee company, is finalizing its retail partnership with India's Tata Coffee Ltd and hopes to announce the deal by the end of this month, a senior official of the Indian company said on Thursday. In early 2011, the Seattle-based company signed a pact with the Tata group firm to buy coffee from India and explore opening retail stores in the … |
Tata Coffee, Starbucks near pact on India stores Posted: 19 Jan 2012 09:00 AM PST – Tata Coffee says Starbucks expected to open first India outlet by the end of 2012 — Tata Coffee says U.S. unit Eight O' Clock Coffee's financial performance to improve — Tata Coffee to raise output of instant coffee in India to around 8,500 tons from 6,600 tons by year-end (Adds Tata Coffee executive's comments in 8th, 10th and 11th paragraphs; background in 2nd and 6th paragraphs) |
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