Tata Global Surges After Venture With Starbucks: Mumbai Mover
This article is for subscribers only.
Tata Global Beverages Ltd. climbed the most in more than 4 1/2 years in Mumbai trading after announcing a joint venture with Starbucks Corp., the world’s largest coffee-shop chain.
Tata Global surged 10 percent, the stock’s biggest jump since April 2007, to 107.75 rupees at the close in Mumbai. The stock was the biggest gainer today on the BSE100 Index.