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  • Starbucks 'fully committed' to Indian market, says India JV Tata Starbucks

    Tata Consumer Products Ltd had on Thursday termed reports suggesting that the cafe chain Starbucks is planning to exit the Indian market as "baseless."

  • Tata Starbucks launches first metro station store at Mumbai's Western Express Highway

    Tata Starbucks launches first metro station store at Mumbai's Western Express Highway

    Located at the Western Express Highway Metro Station, the store aims to provide a relaxing place—what Starbucks calls a ‘Third Place’—where customers can take a break between work and home.

  • Tata Starbucks reports loss of Rs 24.97 cr in FY23

    Tata Starbucks reports loss of Rs 24.97 cr in FY23

    Its revenue from operations was at Rs 1,086.89 crore for the said period, up 70 per cent helped by the addition of more cafes and expansion of the network in more cities in India.

  • Tata Starbucks opens 1st Reserve store in India

    Tata Starbucks opens 1st Reserve store in India

    Tata Starbucks, which currently operates 300 stores across 36 cities in India and is an arm of Tata Consumer Products, has added 32 stores in 14 cities this year so far, atop 50 stores added last fiscal.

  • What Narasimhan’s appointment as global CEO means for Tata Starbucks?

    What Narasimhan’s appointment as global CEO means for Tata Starbucks?

    While the international cafe chain witnessed a decline in sales with the onset of the pandemic, it kept on launching stores and is now back on the growth track, says a report by Jefferies. Profitability, however, still remains a concern for investors in the country.

  • Cashew nut consumption in India soars, making up for a decline in exports

    Cashew nut consumption in India soars, making up for a decline in exports

    People embracing a plant-based vegan diet prioritize alternative sources of protein, instead of those derived from animals, resulting in soaring demand for nuts and nut-infused foods.

  • 'Progress on supply network; market share gains in tea, salt categories': Tata Consumer Products

    'Progress on supply network; market share gains in tea, salt categories': Tata Consumer Products

    NourishCo, Tata Sampann, Tata Soulfull, and Tata Q collectively grew 52 percent in FY22 and the company opened 50 new Tata Starbucks stores last year-taking the total to 268 stores across 26 cities.

  • Tata Starbucks revenue up 76% to Rs 636 crore in FY22; reduces net loss significantly

    Tata Starbucks revenue up 76% to Rs 636 crore in FY22; reduces net loss significantly

    Its revenue growth was led by higher realisation from existing stores and new stores added during the financial year ended on March 31, 2022, as per the latest annual report of Tata Consumer Products

  • Tata Consumer Products: Raw material inflation not a worry for now

    Tata Consumer Products: Raw material inflation not a worry for now

    Foods business likely to be the next engine of growth for TCPL

  • Storyboard18 | From airports to highways: What's brewing Starbucks expansion and growth in India?

    Storyboard18 | From airports to highways: What's brewing Starbucks expansion and growth in India?

    Storyboard18 caught up with Tata Starbucks CEO Sushant Dash on the sidelines of a new merchandise-line launch, where he spoke about the company’s expansion strategy, new initiatives and what else is brewing.

  • Starbucks partners with Sabyasachi to launch limited-edition merchandise

    Starbucks partners with Sabyasachi to launch limited-edition merchandise

    The 'Sabyasachi + Starbucks’ collection will feature a range of lifestyle drinkware including ceramic mugs and stainless-steel tumblers, said a joint statement.

  • Starbucks eyes faster India expansion with new store formats

    Starbucks eyes faster India expansion with new store formats

    India is one of Starbucks' fastest growing markets globally. The market for coffee shops in the country has surged even as tea remains a more affordable and popular beverage.

  • Tata Starbucks appoints Sushant Dash as new CEO, Navin Gurnaney to step down

    Tata Starbucks appoints Sushant Dash as new CEO, Navin Gurnaney to step down

    Dash joins Tata Starbucks from Tata Consumer Products where he is currently President Packaged Beverages Business, India, Bangladesh, and Middle East, the company said.

  • Tata Starbucks introduces app-based order, payment facility

    Tata Starbucks introduces app-based order, payment facility

    With this new feature, a customer can now order and make payment using the Starbucks India mobile application and pick up beverages from a nearby store, the company said in a statement.

  • Tata Starbucks resumes takeaway, home delivery services in 8 cities

    Tata Starbucks resumes takeaway, home delivery services in 8 cities

    Amid the lockdown, Tata Starbucks is beginning the process of re-opening responsibly and serving its customers in multiple ways under modified operations, including re-launch of its much awaited takeaway service, the company said in a statement.

  • Tata Starbucks pushes for gender parity, targets 40% representation of women in workforce by 2022

    Tata Starbucks pushes for gender parity, targets 40% representation of women in workforce by 2022

    At present, women make up for 29 percent of workforce at the 50-50 JV between Starbucks Coffee and Tata Global Beverages.

  • Tata consumer business: Not just a consolidation, aims to be an FMCG giant

    Tata consumer business: Not just a consolidation, aims to be an FMCG giant

  • Why this Indian MNC beverage company is looking attractive at current levels?

    Why this Indian MNC beverage company is looking attractive at current levels?

  • Tata Starbucks to use only fully compostable/recyclable items from next World Environment Day: CEO

    Tata Starbucks to use only fully compostable/recyclable items from next World Environment Day: CEO

    The company on Thursday said it hopes to achieve the objective by the next World Environment Day, June 5.

  • Tata Starbucks to add around 10 new outlets this fiscal

    Tata Starbucks to add around 10 new outlets this fiscal

    The premium coffee chain is increasing the number of roll outs as it is getting overall good consumer response, said Tata Global Beverages.

  • Tata Global Q3 review: Price hike in select brands and improving global biz are key positives

    Tata Global Q3 review: Price hike in select brands and improving global biz are key positives

    Key challenges for the company remains in terms competitive intensity in the mass market. Having said that price hike taken by the company for three key domestic tea brands provides some solace.

  • Tata Starbucks appoints Navin Gurnaney as CEO

    Tata Starbucks appoints Navin Gurnaney as CEO

    Gurnaney will be the third head of the company since its entry in October 2012 and will be responsible for driving the overall strategic direction and vision and further strengthening business.

  • Starbucks India looking to enter tier II cities

    Starbucks India looking to enter tier II cities

    Tata Starbucks CEO Sumitro Ghosh said he sees India becoming one of Starbuck's top five markets in the long-term.

  • Tata Global Beverage up 3% as Starbucks FY16 sales at Rs 235 cr

    Tata Global Beverage up 3% as Starbucks FY16 sales at Rs 235 cr

    Shares of Tata Global Beverage rose 3 percent intraday on Wednesday. The company‘s joint venture company between Starbucks Corporation is making good business in India. Coffee chain Tata Starbucks posted sales of Rs. 235 crore in FY 2015-16, registering a growth of 39 percent on account of its expansion in leading metros.

  • Tata Starbucks aims to be profitable soon, bring in Tevana brand

    Tata Starbucks aims to be profitable soon, bring in Tevana brand

    Tata Starbucks is setting its eyes on capturing a larger slice of the Indian market.

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