The coffee giant Starbucks has appointed its new Indian-origin Chief Executive Officer, Laxman Narasimhan. He will join Starbucks on October 1, after replacing Howard Schultz who will continue as interim chief until April 2023. The 55-years-old Indian, Narasimhan, has served as chief executive of Lysol and Enfamil baby formula, UK-based Reckitt Benckiser Group PLC.
Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks
Starbucks Corporation is an American multinational chain of coffeehouses and roastery reserves headquartered in Seattle, Washington. It is the world’s largest coffeehouse chain. As of November 2021, the company had 33,833 stores in 80 countries, 15,444 of which were located in the United States.
Starbucks needed more workers to meet its growth goals. The company had said that it aims to open more than 20,000 cafes globally by the end of the decade. It also needs to improve investor sentiment toward the stock. Starbucks stock, which has trailed other restaurant company shares in recent months, climbed roughly 8% since Schultz’s return was announced last year.
The President of India appointed three serving Chief Justices of High Courts as Judges of…
The Royal Swedish Academy of Sciences has awarded the Nobel Prize in Physics 2026 to…
Raksha Mantri Rajnath Singh launched the first indigenous Fleet Support Ship (FSS-1), named ‘Surya’, at…
An Indian Parliamentary Delegation led by Harivansh, Deputy Chairman of the Rajya Sabha, is participating…
The National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) has…
World Cup-winning skipper Harmanpreet Kaur has stepped down as captain of the Indian women’s cricket…