Gold Silver Reports (GSR) – Tata Global Beverages Gains After Nestle Agrees To Markets Starbucks Products – Shares of the Kolkata-based coffee plantation cultivator rose as much as 1.39 percent to Rs 291.80. Nestle has agreed to market Starbucks products globally and Nestle will pay Starbucks $7.15 billion as part of global marketing pact.
Tata Global Beverages’ subsidiary Tata Coffee sources and roasts coffee to supply to Tata Starbucks and to export to Starbucks Coffee Company.
