Starbucks Chairman Howard Schultz arrives in India tonight for a short one day visit close on the heels of the recent exit of Avani Davda, CEO of the Indian JV Tata Starbucks.
A legal tussle could be brewing between private equity fund Everstone Capital and India’s second largest retail chain Future group on the role of Future Media.
The move has taken the academic circles by surprise given Mr Naik’s huge interest and involvement in the growth of Indian Institute of Management.
Pirojsha roped in consultant Bain and launched Project Pyramid, an initiative to make the company more efficient and effective.
The company will reward the bank for holding the bond till maturity by paying a higher premium on the principal amount.
A key reason for delay in funding is differences over control that co-founder has raised. AirAsia India’s pricing, financing & accounting are all done in Kuala Lumpur.
Once completed, this will arguably be the first time that Temasek acquires a controlling stake in an Indian company on its own.
The standalone profits of Tata Sons trebled to Rs 9,062 crore in FY15, while consolidated profits grew 5 per cent to Rs 19,180 crore.
Online sales of Tata Housing have gained traction in recent months largely on the back of interest from young HNIs and non-resident Indians.
The primary focus of the maker of Maggi noodles and Nescafe coffee is volume and market share, and then sustainable growth. Another big focus area is ecommerce, the report said.
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