by Arun Prabhudesai

After living in US for more than 4 years, I am used to paying by credit cards 95% of the times. Infact, anytime you check my wallet, you will see more cards than cash notes. I rarely keep…
Continue Reading →
by Arun Prabhudesai

India has now becoming one of the fastest growing coffee markets in the world. It is surprising though, that India has yet to get the taste of Starbucks coffee , the largest coffee shop chain in the world.
The reason – Their proposal to enter India was rejected earlier by the Foreign Investment Promotion Board, a government body that approves foreign investment applications in India, on the ground that the equity structure was ambiguous.
However, Starbucks still remains very bullish on India and company has decided to file a new proposal as the government sought some clarifications in its equity structure.
According to Technopak Advisors, a global retail consultancy firm, the organized coffee retail business in India is over Rs.8 billion ($17 million), and the potential for coffee retail outlets are nearly 3,000.
Continue Reading →