Business Bureau

Tata Starbucks Private Limited has announced its ambition to operate 1,000 stores in India by 2028, doubling its workforce to approximately 8,600. The strategy focuses on skilling local partners for jobs, opening new stores that serve customers with an elevated experience, and promoting Indian-origin coffee to Starbucks customers worldwide. The company operates in over 390 stores across 54 Indian cities, with approximately 4,300 partners (employees) who proudly wear the green apron. To achieve its target of 1,000 stores by 2028, the company plans to enter Tier 2 and 3 Indian cities, expand drive-thrus, airports, and its 24-hour store footprint. Following…

Tata Power's Haldia Power Project in West Bengal has achieved a record operational excellence, with an impressive plant load factor (PLF) of 34% higher than the country's thermal plant load factor, and an exceptional auxiliary power consumption (APC) at this configuration and installed capacity, with multiple energy conservation initiatives to conserve natural resources. Located in East Midnapore, the 120 MW facility plays a pivotal role in the region's energy landscape. The journey towards operational excellence is a testament to the collaborative efforts of Tata Power's Haldia Power Project and key stakeholders, including a notable partnership with Tata Steel. Joint initiatives…

The CEAT Indian Supercross Racing League (ISRL) has successfully concluded its Mega Rider Auction for Season One at the JW Marriott in Pune. The auction saw 104 riders, including 73 international racers and 31 Indian riders.  The cumulative auction kitty for Season One reached INR 6 Cr, underscoring the league's commitment to excellence. The 85cc junior class saw Bhairav C Gowda's standout performance earn him the highest bid, underlining his potential as a rising star. Thomas Ramette secured the highest bid in the 450cc international category. Aleena Mansur Shaikh and Nithila Das from the 85cc junior class emerged as two…

ACCESS Health International, a global health systems think tank and advisory group, has appointed Dr. N. Krishna Reddy and Dr. StenVermund. Dr. N. Krishna Reddy, who has been leading operations across Asia, the Middle East, and North Africa, has been appointed as Chief Executive Officer. Dr. Reddy's promotion signifies his impactful journey with ACCESS Health, which has been a leader in accessible, quality healthcare since 1997. Dr. Reddy expressed gratitude for the foundation laid over the past 15 years and emphasized the importance of accessible healthcare. Dr. Vermund's induction into the Board of Directors, brings global insights, reflecting his pivotal…

DSP Mutual Fund launched its latest financial offering, the DSP Multicap Fund, providing investors with a diversified opportunity to navigate various market segments and investment styles. The open-ended scheme permits flexible investment across large cap, mid cap, and small cap stocks, along with exposure to different industries. The multicap strategy boasts dedicated market cap exposure to mid and small caps, promising enhanced diversification and performance improvements compared to the Nifty 500. Notably, historical data reveals the multicap strategy outperformed the Nifty 500 in nearly 8 out of 10 instances over 5-year rolling periods between April 1, 2005, and November 30,…

Ather Energy has marked its 10th-year milestone with the grand launch of the 450 Apex. This special edition scooter not only commemorates a decade of innovation but also raises the bar for design and performance in the electric scooter domain.The 450 Apex is not just a scooter; it's an engineering marvel. Ather has introduced the revolutionary 'Warp+' mode, propelling the scooter from 0 to 40 km/h in a mere 2.9 seconds, showcasing the fastest throttle response in the industry. Tarun Mehta, Co-Founder & CEO of Ather Energy, stated, "The 450 Apex is the culmination of that effort, where we have…

“Toyota Kirloskar Motor (TKM) today announced a price increase of its products, ranging from 0.5% to 2.5% on select models & variants with effect from January 1, 2024. This increase was necessitated to partially offset the rising input costs. However, the overall price adjustment has been carefully moderated, taking into account a minimum impact on our esteemed customers. We are always grateful for the continued trust and confidence, our customers have shown in our entire product portfolio. As a customer-centric company, TKM remains steadfast in its commitment to catering to the ever-evolving needs of the market.”

Samsung has announced a pre-reserve for its next flagship Galaxy smartphone in India, which will be unveiled later this month.  Pre-reserved customers will be eligible for early access and special offers on purchasing the new Galaxy devices.  Customers can pre-reserve the devices by paying a token amount of INR 2000 on Samsung.com, Samsung Exclusive stores, Amazon.in, and leading retail outlets across India. Pre-reserved customers will receive a benefit worth INR 5000. Samsung aims to further drive the latest era of Galaxy innovation and consolidate its position as the industry leader. The next generation of flagship devices will be unveiled at…

Galaxy is opening a New Era of Mobile AI, a revolutionary mobile experience to discover a new era full of possibilities with the latest Galaxy innovations, designed to transform how you live, connect, and create. The new Galaxy S series will set a higher standard for the most intelligent mobile experience yet. The Galaxy S series will set a new standard for the most intelligent mobile experience yet. On January 17, Samsung Electronics will host Unpacked in San Jose, where they will unveil premium Galaxy innovations powered by AI. The event will be streamed live on Samsung.com, Samsung Newsroom India,…