Prøve GULL - Gratis
'Starbucks profitable, expansion hurting biz'
Mint Mumbai
|June 19, 2025
Coffee chain Starbucks, which operates in India via a 50:50 joint venture with Tata Consumer Products Ltd (TCPL), is seeing store-level profitability, but rapid expansion is hurting its profitability, a top Tata Group executive said.
"While the individual Starbucks stores are indeed profitable, we're currently in an investment phase. This explains the discrepancies you're observing in our financial outcomes," said P.B. Balaji, group CFO of Tata Motors and non-executive director of Tata Consumer Products, while addressing shareholders at the company's 62nd Annual General Meeting on Wednesda
Denne historien er fra June 19, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
OTTs move past views, eye engagement metrics amid growth slowdown
On a video platform, every click may count as a view.
2 mins
January 13, 2026
Mint Mumbai
The Chinese company taking on the world's memory-chip giants
As AI demand drives prices up, CXMT beats Washington's curbs to vie with Micron and South Korean leaders
4 mins
January 13, 2026
Mint Mumbai
Pak’s conflict with Afghanistan opens $200 mn pharma window for India
Afghanistan’s border tensions with Pakistan, which led to the shutdown of vital transit routes, may have opened up a $200 million pharmaceutical opportunity for India.
2 mins
January 13, 2026
Mint Mumbai
BHEL stock slumps on China fears: Is the sell-off overdone?
Shares of public sector major Bharat Heavy Electricals Ltd (BHEL) have slid nearly 12% over the past three trading sessions, spooking investors after reports suggested a potential policy shift that could reopen India’s power equipment market to Chinese firms.
1 mins
January 13, 2026
Mint Mumbai
WHY VCS HAVE A NEW PLAYBOOK FOR DEEP-TECH
Venture capital has become more accessible while starting up, but is still scarce at the business end
8 mins
January 13, 2026
Mint Mumbai
India at 100: Our choices today will define the next two decades
India's 2047 ambition is not guaranteed but achievable if we address all the potential pitfalls along our development path
4 mins
January 13, 2026
Mint Mumbai
Sukino bets $31 mn in post-hospital care
Venture capital and private equity investors are increasing the bets on post-hospital care-often referred to as 'continuum care' -as hospitals are discharging patients more quickly and families seek structured recovery outside hospitals.
2 mins
January 13, 2026
Mint Mumbai
Should a benchmark bond yield guide RBI's repo rate decisions?
A broadly steady 10-year G-Sec yield could be taken as a cue if it reflects an efficient market at work
4 mins
January 13, 2026
Mint Mumbai
More companies to take a hit as labour codes debut
Reworked gratuity and leave encashments spell additional expenses for India Inc
2 mins
January 13, 2026
Mint Mumbai
EU mulls minimum price on Chinese EVs to replace tariffs
The European Union (EU) is weighing minimum prices for electric vehicles (EVs) exported to the bloc from China, signalling a thaw in trade tensions even as the US presses Europe to take a tougher line on Beijing.
1 mins
January 13, 2026
Listen
Translate
Change font size