Starbucks (SBUX) enters a joint venture with Tata Global Beverages to open retail stores across...

|About: Starbucks Corporation (SBUX)|By:, SA News Editor

Starbucks (SBUX) enters a joint venture with Tata Global Beverages to open retail stores across India. The deal with the world's 2nd largest branded tea company gives Starbucks a quick strike to a mass market of tea drinkers showing an increasing interest in converting to coffee drinks.