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Men stand outside a Cafe Coffee Day outlet in New Delhi, India.(REUTERS)

Tata Consumer said to mull bid for Coffee Day’s vending unit

By Bloomberg | Posted by Arpan Rai
PUBLISHED ON SEP 25, 2020 03:43 PM IST
The board of Tata Consumer Products has approved a proposal to explore an acquisition of the operation from Coffee Day, said one of the people, who asked not to be identified as the information is private.
Starbucks Corp. says new beverages and more efficient stores are drawing in more U.S. and Chinese customers(BLOOMBERG NEWS)
Starbucks Corp. says new beverages and more efficient stores are drawing in more U.S. and Chinese customers(BLOOMBERG NEWS)

New drinks help Starbucks pull in more US, Chinese customers

Associated Press | By Associated Press
UPDATED ON OCT 31, 2019 06:45 PM IST
The company rolled out popular new drinks, like nitro cold brew and pumpkin cream cold brew, to all U.S. stores in its fiscal fourth quarter. In China, where mobile orders and delivery now make up 10% of its business, it opened new express stores to speed orders.
Instant coffee, often relegated to brownie recipes and steak rubs, is making a comeback and even winning grudging approval from connoisseurs.(Unsplash)
Instant coffee, often relegated to brownie recipes and steak rubs, is making a comeback and even winning grudging approval from connoisseurs.(Unsplash)

Coffee snobs are shelling out big bucks for a jolt of instant

Bloomberg | By Leslie Patton
UPDATED ON SEP 07, 2019 09:58 AM IST
Instant coffee, often relegated to brownie recipes and steak rubs, is making a comeback and even winning grudging approval from connoisseurs.
The body of billionaire Indian coffee magnate VG Siddhartha was found by a river in Mangaluru on July 31(AFP)
The body of billionaire Indian coffee magnate VG Siddhartha was found by a river in Mangaluru on July 31(AFP)

Death of Cafe Coffee Day founder reveals strain of India’s cash crunch

Bloomberg | By Ari Altstedter
UPDATED ON AUG 01, 2019 02:03 PM IST
VG Siddhartha’s death marks a tragic turn for an admired member of India’s business elite and an executive closely connected to the highest echelons of the political sphere.
26 September 2015, New Delhi: VG Siddhartha chairman of Coffee Day Enterprises that runs Cafe Coffee Day outlets.(Mint photo)
26 September 2015, New Delhi: VG Siddhartha chairman of Coffee Day Enterprises that runs Cafe Coffee Day outlets.(Mint photo)

VG Siddhartha founded Starbucks’s Indian rival with 1,500 outlets

By Bloomberg
UPDATED ON JUL 30, 2019 10:46 AM IST
V. G. Siddhartha asked his driver to stop his car, before going for a walk near the Southern Indian city of Mangaluru, local police official Jayant Kumar said by phone. The driver informed police when Siddhartha didn’t return after an hour.
Arabica beans need year-round temperatures of 15 to 24 degrees Celsius (59 to 75 degrees Fahrenheit), according to the Coffee Research Institute.(File Photo)
Arabica beans need year-round temperatures of 15 to 24 degrees Celsius (59 to 75 degrees Fahrenheit), according to the Coffee Research Institute.(File Photo)

Climate change threatens to make your morning brew more expensive

Bloomberg | By Jeremy Hodges, Fabiana Batista, Sao Paulo and Aine Quinn
UPDATED ON JAN 17, 2019 07:12 PM IST
Arabica beans -- favored by Starbucks Corp. for its coffee drinks -- are the most common source of coffee worldwide, thriving in cool regions with distinct rainy and dry seasons. They need year-round temperatures of 15 to 24 degrees Celsius (59 to 75 degrees Fahrenheit), according to the Coffee Research Institute. Too cold and they suffer from frost. Too warm and the quality of the coffee declines. The taste of the beans depends on crisp nights.
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