What does it take for a brand to achieve iconic status
Shivani Shinde reports. The youngest member of the Tata group, the much-awaited Tata Neu, has finally been launched for people across the country. The 'super app' offers a number of services ranging from financial services to tech, travel and even groceries. The app takes off with a customer base of 120 million, with 2,500 offline stores. According to the Tata group, the app will be a one-stop destination for all consumer needs. The super app also offers a bouquet of financial offers like Unified Payments Interface (UPI), bill payments, loans and insurance. Tata Neu will also provide other services like fashion, gadgets, groceries, travel and health.
Forget Starbucks coming into India. Witness the expansion of Caf Coffee Day, which is set to mushroom across the country.
During an Instagram chat with Dinesh Karthik, Hardik Pandya said on a lighter note that one cup of coffee proved to very costly for him, referring to his controversial remark on TV show Koffee With Karan, which created a furore.
The lack of a strong diversity policy on the part of companies, a limited pool of women candidates as well as socio-cultural factors contribute to their low numbers.
On a cloudy Monday this month, Mohammed Irshad flew from Kochi to Gurugram to attend an exclusive investor networking event. Among a handful of founders selected for the event, Irshad was to pitch his peer-to-peer learning start-up Notespaedia for funding in front of top venture capital investors such as AngelBay, Elevation Capital, and Inflection Point Ventures. He failed to woo them, but the feisty entrepreneur was determined to continue his hunt.
'Mumbai turned me into a fighter, always hustling to keep up with the world.' 'Now, I hustle for the poor and the ones who don't have a voice because I feel they are poor for no fault of their own.'
'If a stranger refuses to pet my Russian dog, what treatment can I expect for myself?'
Coca-Cola's acquisition of British coffee chain Costa, its biggest acquisition of a brand in history, faces three challenges in India.
An Indian born, US-educated, Australian citizen, Tejpavan Singh Gandhok has recently joined as the CEO of Om Pizzas (OMP), the master franchisee for Papa Johns Pizza in India, as well as Chillis, the Tex-Mex Restaurants. His appointment was announced with fresh investments from the existing investor in OMP - TVS Capital Fund.
Attributing the delay in debt servicing to a liquidity crisis, the company said its total indebtedness was Rs 518 crore.
It takes 6 to 8 months after the approval for a product to hit stores.
The Starbucks partnership will take couple of years to break-even.
While it is heartening to see companies chipping in with their messages of support, they are probably walking a tightrope here.
These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets.
World's second-largest fast-food chain to launch its McCafe coffee brand in India on Monday.
Today, apologies by CEOs of global corporations have become so common that you get case studies on the subject.
Even in her 50s, the Amul Girl has far greater clout than any brand ambassador in India. And India's largest dairy organisation may soon cash in on that. Sohini Das reports.
Tata Cha cafes hope to create a feel of a roadside tea cart, casual college canteens, old Irani cafs and even the chai joints encountered on journeys through the Indian countryside.
However, international fast-food chains have had to change this business model completely, to adapt to Indian preferences.
In an era where more is better, we give the flipside to suit your investment needs
Starting this month, Baristas everywhere will sport a fresh appearance. As part of its exercise to refresh its image, the coffee chain will reveal a conceptual shift from cafe to lounge.
The sobering news is that retailers - including big firms like Reliance Retail - and exhibitors are contemplating issuing force majeure notices to shopping malls and real estate owners, and are in discussions with them to formulate an action plan for sharing the financial burden of the lockdown.
Some packaged food makers have welcomed the move.
After Rs 800 million makeover, Bombay House reopened on July 29, 2018. The earlier dull interior with low technology has given way to a lot more colour and vibrancy.
Ravi S Deol, Barista's managing director, mixes religion with management to stir up a heady brew, says Sunil Jain.
The store segmentation approach that Shoppers Stop is taking is intended to improve its hit rate at a time when local and international fashion retailers are crowding the market with new merchandise across price points.
Tata Cha has chosen Bengaluru for its first four pilots which include large format stores of 1,200 sq feet and kiosks which will be in shopping malls, IT parks and at prominent street corners.
Many corporations extended benefits to same-sex couples well before the law was overturned.
These include Microsoft's Satya Nadella, Mastercard CEO Ajay Banga, and Harman International Chairman Dinesh Paliwal.
Perhaps, the group's leadership position and potential in the retail segment prompted Tata Sons Chairman Cyrus Mistry to identify retail as one of the group's four growth clusters in his recent Vision 2025 statement.
Coming from a family that has a 140-year history of growing coffee, Siddhartha, 59, initially dabbled in stock trading and wanted to work as an investment banker in Mumbai after completing his Master's in Economics from Mangalore University.
An increasing number of b-school graduates are exploring tea-based services and products for businesses and some of them have tasted success too.
The government introduced new tax rules on Wednesday aimed at reducing litigation with multinational firms over cross-border transactions the government considers tax avoidance schemes.
Through the book 'Make in India' authors Ranjini Manian and Joanne Grady Husky bring you the wisdom of twelve CEOS who walked the trail before them.
'The rate of transmission of COVID-19 in Hong Kong was 0.7 -- anything below 1 suggests the epidemic is receding.' 'The city-State achieved this without the de facto police-State curfew that India has resorted to,' says Rahul Jacob.
Nadella has been ranked fifth among 50 global corporate heads by Fortune Magazine in its annual 'Businessperson of the Year' compilation, followed by CEO of Milwaukee-based maker of water heaters A O Smith Ajita Rajendra on the 34th spot, HDFC Bank's Managing Director Aditya Puri on the 36th position and Banga on 40th.
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