Starbucks Inks Deal With Tata Global Beverages For India JV

Starbucks (NASDAQ:SBUX) entered into a joint venture with Tata Global Beverages to open stores in Mumbai and New Delhi in 2012, Tata’s Chairman RK Krishna Kumar said in Mumbai.The newly formed venture firm, Tata Starbucks Ltd., will operate Starbucks cafes all across India.Starbucks also announced Monday that it intends to boost prices in China.

FX_Trdr