Volatility in Indian and global markets up irrespective of virus scare: Amit Khurana, Dolat Capital
The only apprehension about the virus scare is what impact does it have on the Q1 earnings for the broader Asian economies in terms of growth patterns, says Amit Khurana, Head of Equities. Dolat Capital.
Millions quarantined as China scrambles to halt virus
Authorities also ordered schools and universities to remain closed on Tuesday after ext...
The S&P 500 has worst day since October as virus fears mount
Dow wrapped up its worst week since August and the Nasdaq snapped a six-week win...
Largecaps could fall more than midcaps this time, financials underperform most: Sandip Sabharwal
India needs economic recovery and I think a shallow recovery will happen because the rural economy itself will recover. But besides that, I do not see any sign. Globally, I think a reversal in the US market is imminent now. The stock markets in the US have seen a parabolic rise and such parabolic rises normally lead to sharp selloffs.
Beer Cafe revenue crosses Rs. 100 crore
BTB Marketing, which runs Beer Cafe, posted a 12% increase in revenues during FY19 to cross the Rs. 100-crore sales mark about seven years after it opened its first outlet.
Dalio, Dimon and 117 other billionaires set to descend on Davos
The event retains its enduring status as the premier networking hub for the world’s wealthiest
Gloria Jean’s Coffee set to make a comeback in India
The company will now work on a cold kitchen concept and prepare fresh food. The cafés would be about 800-1,500 sq ft with a per-store investment of about Rs 1 crore. It expects the return on investment to start within two-and-a-half years of a store first being set up.
From pizza to poll funding, all that led to the Ratan Tata-Cyrus Mistry breakup
The tribunal in a ruling on Wednesday said Cyrus Mistry's dismissal as the chairman of Tata Sons was illegal.
KKR, Apax Partners in race to buy significant stake in CCD
KKR and Apax Partners are now conducting due diligence of the coffee chain as they are the only ones left in the race for stake in CCD. "After an analysis, the company (CDEL) had arrived at an amount that needs to be invested if CCD were to survive and those who opted out were not willing to commit the requisite amount," said a person involved.
SoftBank will have ‘last laugh’ with WeWork deal, Bernstein says
Chris Lane of Sanford C. Bernstein says WeWork can have a bright future if SoftBank overhauls the biz plan.
Starbucks to embark on aggressive expansion plan in India
Tata Starbucks is a 50:50 joint venture company between Tata Global Beverages and Starbucks Coffee of the US.
Oyo, Apax join race for significant stake in CCD
The company in August had launched a coffee chain – The French Press. SoftBank-backed Oyo is looking to expand in the café business for some time, and CCD’s already established outlets across 200 cities could be a major boost. Oyo is the only strategic investor — in a similar line of business — to have submitted a bid.
Tata Starbucks posts 30% jump in FY19 sales on store additions
The JV posted sales of Rs 346 crore in FY18, according to data gathered from the Registrar of Companies.
Urban Ladder CEO owns a Kindle, but loves walking into bookstores, holding physical books
Ashish Goel counts 'Hard Thing About Hard Things' and 'Talk to Me' among his must-read books.
Starbucks to add around 10 stores this fiscal
The premium coffee chain is increasing the number of roll outs as it is getting overall good consumer response.
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