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Tata Starbucks
Tata Starbucks Private Limited, formerly known as Tata Starbucks Limited, is a 50:50 joint venture company, owned by Tata Consumer Products and Starbucks Corporation, that owns and operates Starbucks outlets in India. The outlets are branded ''Starbucks "A Tata Alliance"''. History In January 2011, Starbucks Corporation and Tata Coffee announced plans to begin opening Starbucks locations in India. Despite a false start in 2007, in January 2012 Starbucks finally announced a 50:50 joint venture with Tata Global Beverages, called Tata Starbucks Ltd., which would own and operate outlets branded "Starbucks, A Tata Alliance". Starbucks had previously attempted to enter the Indian market in 2007. Starbucks did not cite any reason for the withdrawal. On 19 October 2012, Starbucks opened its first store in India, measuring 4,500 sq ft in Elphinstone Building, Horniman Circle, Mumbai. Starbucks opened its first roasting and packaging plant to supply its Indian outlets in Kodagu, Karnat ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Horniman Circle
The Horniman Circle Gardens is a large park in South Mumbai, India, which encompasses an area of 2½ acres (10,100 m²). It is situated in the Fort district of Mumbai, and is surrounded by office complexes housing the country's premier banks. Designed to be a large open space with grand buildings in the middle of the walled city, the area had been known as ''Bombay Green'' in the 18th century, while the Elphinstone. Following India's independence in 1947, the area was renamed in honour of Benjamin Horniman, editor of ''The Bombay Chronicle'' newspaper, who supported Indian independence. History The building was begun in 1821 and not completed for twelve years. In 1842, the area had been just a dump of coconut shells and debris. The Police Commissioner, Charles Forjett, thought of converting the Green into a circle surrounded by buildings. He was supported by governors Lord Elphinstone and Sir Bartle Frère. The garden was planned in 1869 and completed in 1872 with well laid out ...
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Drive-through
A drive-through or drive-thru (a sensational spelling of the word ''through''), is a type of take-out service provided by a business that allows customers to purchase products without leaving their cars. The format was pioneered in the United States in the 1930s, and has since spread to other countries. Hillcrest State Bank, Dallas, Texas, installed the first drive-through banking system in America. It was a George Dahl designed building, constructed in the 1920s, across from SMU. The second recorded use of a bank using a drive-up window teller was the Grand National Bank of St. Louis, Missouri in 1930. The drive-up teller allowed only deposits at that time. Orders are generally placed using a microphone and picked up in person at the window. A drive-through is different from a drive-in in several ways - the cars create a line and move in one direction in drive-throughs, and normally do not park, whereas drive-ins allow cars to park next to each other, the food is generally bro ...
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Prahlad Nagar
Prahlada () is an asura king in Hindu mythology. He is known for his staunch devotion towards the preserver deity, Vishnu. He appears in the narrative of Narasimha, the man-lion avatar of Vishnu, who rescues Prahlada by slaying his wicked father, Hiranyakashipu. Prahlada is described as a saintly boy, known for his innocence and bhakti to Vishnu. Despite the abusive nature of his father, Hiranyakashipu, he continues to worship Vishnu. He is considered to be a ''mahājana'', or great devotee, by followers of Vaishnava traditions. A treatise is accredited to him in the Bhagavata Purana, in which Prahlada describes the process of his loving worship towards Vishnu. The majority of stories in the Puranas regarding him are based on the activities of Prahlada as a young boy, and he is usually depicted as such in paintings and illustrations. Legend Prahlada was born to Kayadhu and Hiranyakashipu, an evil daitya king who had been granted a boon that he could not be killed off ...
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Ahmedabad
Ahmedabad ( ; Gujarati: Amdavad ) is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 (per the 2011 population census) makes it the fifth-most populous city in India, and the encompassing urban agglomeration population estimated at 6,357,693 is the seventh-most populous in India. Ahmedabad is located near the banks of the Sabarmati River, from the capital of Gujarat, Gandhinagar, also known as its twin city. Ahmedabad has emerged as an important economic and industrial hub in India. It is the second-largest producer of cotton in India, due to which it was known as the 'Manchester of India' along with Kanpur. Ahmedabad's stock exchange (before it was shut down in 2018) was the country's second oldest. Cricket is a popular sport in Ahmedabad; a newly built stadium, called Narendra Modi Stadium, at Motera can accommodate 132,0 ...
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Surat
Surat is a city in the western Indian state of Gujarat. The word Surat literally means ''face'' in Gujarati and Hindi. Located on the banks of the river Tapti near its confluence with the Arabian Sea, it used to be a large seaport. It is now the commercial and economic center in South Gujarat, and one of the largest urban areas of western India. It has well-established diamond and textile industry, and is a major supply centre for apparels and accessories. About 90% of the world's diamonds supply are cut and polished in the city. It is the second largest city in Gujarat after Ahmedabad and the eighth largest city by population and ninth largest urban agglomeration in India. It is the administrative capital of the Surat district. The city is located south of the state capital, Gandhinagar; south of Ahmedabad; and north of Mumbai. The city centre is located on the Tapti River, close to Arabian Sea. Surat will be the world's fastest growing city from 2019 to 2035, acco ...
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Gujarat
Gujarat (, ) is a state along the western coast of India. Its coastline of about is the longest in the country, most of which lies on the Kathiawar peninsula. Gujarat is the fifth-largest Indian state by area, covering some ; and the ninth-most populous state, with a population of 60.4 million. It is bordered by Rajasthan to the northeast, Dadra and Nagar Haveli and Daman and Diu to the south, Maharashtra to the southeast, Madhya Pradesh to the east, and the Arabian Sea and the Pakistani province of Sindh to the west. Gujarat's capital city is Gandhinagar, while its largest city is Ahmedabad. The Gujaratis are indigenous to the state and their language, Gujarati, is the state's official language. The state encompasses 23 sites of the ancient Indus Valley civilisation (more than any other state). The most important sites are Lothal (the world's first dry dock), Dholavira (the fifth largest site), and Gola Dhoro (where 5 uncommon seals were found). Lothal i ...
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Bangalore
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most populous urban agglomeration in India, as well as the largest city in South India, and the 27th largest city in the world. Located on the Deccan Plateau, at a height of over above sea level, Bangalore has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation as the "Garden City" of India. Its elevation is the highest among the major cities of India. An aerospace, heavy engineering and electronics hub since the 1960s, Bangalore is widely regarded as the "Silicon Valley of India" because of its role as the nation's leading information technology (IT) exporter.——— In the Ease of Living Index 2020 (published by the Ministry of Housing and Urban Affairs), it was ranked the most livable Indian ...
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Koramangala
Koramangala () is situated in the south-eastern part of Bengaluru, it is one of the largest neighborhoods, and is a residential locality with wide, tree-lined boulevards and a mix of commercial structures, and bungalows. Planned as a suburb post-independence, its location between Bengaluru and Electronic City attracted migrants from across the country during Bengaluru's tech boom of the late 1990s. Consequently, it has gradually developed into a commercial hub. Koramangala is also Bengaluru's prominent startup hub. Geography Koramangala is divided into 8 blocks spread over approximately 1800 acres. Blocks 1–4 are separated from blocks 5–8 by the Inner Ring Road leading to Domlur/Indiranagar. Up to the 1970s, one would pass the village of Adugodi on the Hosur Road and then usually bypass Koramangala which was on the left while going to the industrial suburbs of Bommanahalli or Bommasandra, about 10 and 20 kilometres away respectively. Settlement was sparse in Koramangala, and ...
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Koregaon Park
Koregaon Park (earlier Koregaon Road Estate) is an area located in Pune, in the state of Maharashtra in India. It is primarily a posh residential area with lush greenery, but of late has been growing into a commercial hub as well. Koregaon Park also has a trendy dining and nightlife hub, with sleek European and Indian restaurants, plus live music bars, buzzy pubs and trendy cafe. It is also a destination for art and music enthusiasts in the city with many art galleries and clubs in the vicinity. Koregaon Park is located about from the Pune International Airport and about from the Pune Junction railway station. History Earlier Ahmednagar road (simply Nagar road) was known as Koregaon road, since Koregaon Bhima village also falls on this road. Koregaon Bhima village was the site of a major battle between British East India Company and Peshwas in 1818. In early 1920s, British settled a neighbourhood on the lands of Ghorpuri village, which was just outside of Pune. This neighbo ...
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Pune
Pune (; ; also known as Poona, (List of renamed Indian cities and states#Maharashtra, the official name from 1818 until 1978) is one of the most important industrial and educational hubs of India, with an estimated population of 7.4 million As of 2021, Pune Metropolitan Region is the largest in Maharashtra by area, with a geographical area of 7,256 sq km. It has been ranked "the most liveable city in India" several times. Pune is also considered to be the cultural and educational capital of Maharashtra. Along with the municipal corporation area of Pimpri-Chinchwad Municipal Corporation, PCMC, Pune Municipal Corporation, PMC and the three Cantonment Board, cantonment towns of Pune Camp, Camp, Khadki, and Dehu Road, Pune forms the urban core of the eponymous Pune Metropolitan Region (PMR). Situated {{convert, 560, m, 0, abbr=off Height above sea level, above sea level on the Deccan Plateau, Deccan plateau, on the right bank of the Mutha River, Mutha river,{{cite web , last=Nala ...
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The Economic Times
''The Economic Times'' is an Indian English-language business-focused daily newspaper. It is owned by The Times Group. ''The Economic Times'' began publication in 1961. As of 2012, it is the world's second-most widely read English-language business newspaper, after ''The Wall Street Journal'', with a readership of over 800,000. It is published simultaneously from 14 cities: Mumbai, Bangalore, Delhi, Chennai, Kolkata, Lucknow, Hyderabad, Jaipur, Ahmedabad, Nagpur, Chandigarh, Pune, Indore, and Bhopal. Its main content is based on the Indian economy, international finance, share prices, prices of commodities as well as other matters related to finance. This newspaper is published by Bennett, Coleman & Co. Ltd. The founding editor of the paper when it was launched in 1961 was P. S. Hariharan. The current editor of ''The Economic Times'' is Bodhisattva Ganguli. ''The Economic Times'' is sold in all major cities in India. Other ventures In June 2009, The Economic Times launched a ...
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