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
China Electronics Corporation of mobile phones was taken by a joint-venture of Philips and China Electronics Corporation. Romania is the first country in the European Union where Philips mobile phones were sold since 2013, until then the phones were available only in the BRIC states (Brazil, Russia, India and China). China Electronics Corporation China Electronics Corporation (CEC) is a People's Republic of China's state-owned company and one of the largest producers of telecom equipment in China. CEC has four main semiconductor divisions: computer software/hardware & system integration, telecommunication network & terminals and digital home appliances. CEC acquired the mobile phone division of Philips