Starbucks inaugurated its first store in India on Friday in a historic building in southern Mumbai as the Seattle-based coffee giant seeks growth in a market long associated with tea drinkers.The flagship, which can accommodate 120 people, is a cool, soaring space, with hand-carved wooden screens, thick tables of solid Indian teak, painted vintage trunks and old leather-bound books. The 42 menu items reflect local as well as Western tastes, featuring items such as Elaichi Mawa croissants %u2014 made with cardamom and milk solids %u2014 and tandoori paneer rolls.
06:26 PM, Oct 19, 2012

Budget 2011: FMCG firms want viable taxation Mumbai: India's fast moving consumer goods industry is hoping the upcoming budget will bring in concrete measures to tame spiralling inflation and viable tax structure to ensure continued growth. The 130-billion-rupee industry, which is the fourth largest sector in the Indian economy, has been reeling under the pressure of surging input costs and subsequent impact on profit margins. "Prices of agri-commodities are on the rise. Prices have risen by 30-35...  
03:32 PM, Feb 24, 2011

Consumer goods sector unhappy with Budget New Delhi: Injuries and bad form are likely to cause a major reshuffle in the Indian squad that will be picked later on Thursday when Kris Srikkanth & Co sit down alongside captain MS Dhoni and coach Duncan Fletcher to find a combination to beat England. The big news, though, is that the sword hanging over Harbhajan Singh may finally fall on him. If the sources are to be believed,...  
09:50 PM, Mar 04, 2008