Tata Starbucks purchase the beverage based on January 2016 prices. The index published by US-based consumer research firm ValuePenguin found that a tall hot latte cost US$7.99 in India, far higher than the $2.75 it costs in the cheapest country, the United States, but much lower than the $12.32 in the most expensive country, Russia. As of October 2018, Starbucks operates 126 outlets in 10 cities of India. The 100th store came up at Kamala Mills in Mumbai. The Tata Group and Starbucks Corporation also collaborate on some ventures outside India. Starbucks Reserve Tata Nullore Estates, the first-ever Starbucks Reserve coffee sourced
MTS India 2016. SEBI cleared the deal by March, and SSTL shareholders approved the deal on 18 March. By mid-August, the deal was approved by tax authorities and the shareholders and creditors of RCom and SSTL. The merger was approved by the Rajasthan High Court on 30 September 2016, and the Mumbai High Court on 7 October 2016. The final approval, from the Department of Telecommunications, was given on 20 October 2017. On 31 October 2017, RCom announced that it completed the merger. MTS India Mobile TeleSystems India (MTS India), was the joint venture and Indian subsidiary of the Russian mobile operator