Friday, October 21, 2011

Tata Coffee, Starbucks Near Deal for Stores

Indians could soon be sipping cups of coffee and chatting at Starbucks outlets, as the U.S. chain sets out to perk up global sales by making a long-awaited entry into one of the world’s fastest-growing economies.

Starbucks Corp. could over the next three weeks announce an alliance with Tata Coffee Ltd. to open stores in India, a person familiar with the matter said Monday

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