Industry Insights
Starbucks Fired Indian CEO Laxman Narasimhan
Starbucks Corporation has suddenly parted ways with its CEO, Laxman Narasimhan, effective immediately. This surprising decision comes during a time of declining sales and growing pressure from activist investors. Narasimhan, who took on the CEO role in April 2023, had previously served as the interim CEO and chief commercial officer. Starbucks has named Brian Niccol,…
Monal Management, CDA, and Military Clash Over Rent, Leading to Restaurant Closure
The closure of Monal Restaurant, once an iconic establishment in Islamabad’s Margalla Hills National Park, serves as a stark reminder of the complex relationship between economic development and environmental protection. Over its nearly two-decade-long existence, Monal became a beloved destination, known for its stunning views of Islamabad and unique dining experience. However, the restaurant’s location…
