Laxman Narasimhan appointed as CEO of Starbucks

Starbucks, the world's largest coffee company facing many troubles

Has now got the responsibility of an Indian origin

Starbucks Corp on Thursday  announced the

Appointment of Indian-origin Laxman Narasimhan

As Its Next Chief Executive Officer (CEO)

Till now Narasimhan was the CEO of Reckitt

Reckitt also manufactures  Durex condoms

Enfamil baby formula and Mucinex cold syrup

FTSE-listed Reckitt stock rises 4% as news of Laxman stepping down as Reckitt CEO