Starbucks will source coffee from Tata Coffee, when it rolls out its iconic stores in India. It may also tie up with the Tatas for retail locations, but has not revealed how it will structure its front-end operations.
Tata Motors is seeking to make use of JLR’s rising cash flows by leveraging its balance sheet, and refinance existing debt and potentially lower interest costs too.
State Bank of India’s reaction to the credit policy was swift, in a move which will see short term deposit rates spike and all loans will become expensive.
