E-PaperDrink News
Brewing Fortunes: How Starbucks Became India's Coffee Bank | Mint Explains
In a country known for its vibrant streets and aromatic spices, Starbucks has become more than just a coffee shop—it's a financial powerhouse. With revenue of INR 2,240 crores ($300 million) in 2022, a significant portion came from selling gift cards and stored-value goodies. Customers essentially deposit money with Starbucks, which is then owed back in the form of coffee, snacks, or merchandise. With a staggering INR 1,200 crore ($160 million) in deposits, Starbucks utilizes the funds to expand its presence, engage customers with tempting treats and merchandise, and embrace digital innovation. It's a caffeinated financial success story!
4 Aug 2023Reliance challenges Coca-Cola and Pepsi in the Indian Cola Market | Mint Explains | Mint
Have you heard about Reliance's new venture? Businessman Mukesh Ambani-led Reliance is reviving and relaunching a 50-year-old cola brand - Campa Cola. Which was a popular drink in India during the 70s and 80s but disappeared from shelves as the U.S. giants expanded rapidly in a liberalizing economy.
4 May 2023India fights dehydration and diarrhoea with Ready To Drink ORS
Ready to drink ORS is emerging as an effective tool in this battle against Dehydration and Diarrhoea, gaining fast popularity in the country.
3 min read7 Sep 2020Covid-19 may drive the demand for hydration brands
Action is heating up in the branded water segment with startups springing up to launch new products on health planks
3 min read2 Sep 2020COVID-19 survivor Satyendar Jain asks people to perform yoga, take herbal drinks
Delhi Health Minister Satyendar Jain, a COVID-19 survivor, appealed to those who have recovered from coronavirus to perform regular yoga and take immunity-boosting herbal drinks to stay healthy
1 min read28 Aug 2020Why urban Indians have taken to kadha
The popularity of the homemade concoction comes as peak summer sales of cold beverages suffered on account of the lockdown that saw consumers stay indoors and shrink out-of-home consumption of soft drinks.
3 min read15 Jun 2020Govt seeks views on banning RO systems where drinking water meets BIS norms
NGT had in May said RO filters led to wastage of water
1 min read4 Feb 2020Your piped drinking water may soon have BIS quality stamp
The consumer affairs ministry has written to Jal Shakti ministry to make it mandatory to use BIS standards for piped drinking across all statesThe ministry has already asked all state chief ministers to make drinking water standards mandatory for tap water
2 min read28 Nov 2019Singapore to ban sugary drink ads in fight against diabetes
'Unhealthy' drinks must carry label on packs to signal risksAds for packaged drinks with high sugar content will be banned to reduce illnesses in the ageing city state
1 min read10 Oct 2019Indian packaged foods least healthy in world: survey
India’s packaged foods and drinks were found to be the most energy-dense (kilojoule content 1515 kJ/100 g) in a survey of 12 countries, according to George Institute for Global HealthAccording to the study, China’s drinks were some of the healthiest in the survey
3 min read21 Aug 2019Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared