30 Jan 2012 11:10
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We wish to inform you that Tata Global Beverages Limited has entered into a Joint Venture with Starbucks groupΒ whereby, the newly formed Joint Venture Company Tata Starbucks Limited shall engage in the operation of Starbucks CafΓ©s. The parties have signed the Joint Venture Agreement on 30th January 2012 which sets forth the vision of developing the business in India. Each party will hold 50% of the JV.
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