According to an internal memo reported by Bloomberg, Starbucks Corp. (SBUX) is overhauling its technology operations to cut $2 billion in corporate expenses, reduce complexity, and lower costs. A central piece of this strategy involves eliminating third-party technology vendors and bringing critical tech roles in-house. Key Elements of the Transition...
Indian-Origin Leaders Successful in Many Sectors of America
Indians in the U.S. have come a long way, surviving exclusionary and xenophobic waves such as the California Alien Land Law of 1913, the Asian Barred Act of 1917, the Johnson-Reed Act of 1924, and are now the second-largest immigrant group in the U.S. An article in Fortune Magazine documents some recent...
Coca-Cola May Buy India's Cafe Coffee Day
Atlanta, GA-based Coca-Cola has entered into discussions with Bangalore, India headquartered Café Coffee Day, which is India's largest coffee house chain, to acquire a significant ownership percentage in the company. Looking to combat changing consumer tastes, Coca-Cola is eyeing the growing coffee market in India to expand its product offerings....
Why is Starbucks a Midget in India?
Coffee Day Enterprises, which owns Café Coffee Day, India’s largest café chain by store size, competes with Starbucks and Barista. It also has outlets in Austria, the Czech Republic, and Malaysia. Quartz reports, Café Coffee Day is all about scale: the company had 1,423 outlets across India and abroad at...
Rising Optimism for Doing Business in India
The environment for foreign investments in India started improving a short time before Narendra Modi was elected prime minister on a business-friendly reform agenda in May 2014. United Arab Emirates’ Etihad Airwas acquired a stake in India’s largest corporate carrier, Jet Airways. As a result of this deal, the U.A.E....
Donuts in Delhi, Vadas in Vijaywada, Dunkin enters India
In South India, breakfast often consists of "Filter Coffee" and a savory snack known as the medu vada, a spicier equivalent of the Western doughnut. With the entry of Starbucks-like cafes, hundreds of sleek coffee shops serving freshly brewed cups of java and dessert, serving as hangouts for the young...