Goldman Provides $600 Mn To Jubilant Bhartia Group To Aid Acquisition: Report
The report notes that this is to partially fund the equity investment required by the company for its 40 per cent stake purchase in Coca-Cola’s Indian bottling unit
The report notes that this is to partially fund the equity investment required by the company for its 40 per cent stake purchase in Coca-Cola’s Indian bottling unit
The proceeds from the fund raise will help the company to partly finance the acquisition of stake in Hindustan Coca-Cola Holding (HCCH) by the company
The Coca-Cola Company has registered a two per cent growth in its unit case volume in the March quarter, led by India, China and Brazil
The target business comprises of Hindustan Coca-Cola Beverages’ business of preparing, packaging, supplying and distributing NAB products in north Gujarat and the Union Territory of Diu
The Food Safety and Standards Authority of India (FSSAI) has issued a directive to all ecommerce companies, urging them to refrain from labelling dairy-based, cereal-based, or malt-based beverages as ‘health drink’ or ‘energy drink’. This move comes in response to the absence of a defined classification for ‘health drink’ in the country’s food laws, and […]
Coca-Cola Company on Tuesday that India and Brazil drove beverage volume growth in the developing and emerging markets in 2023. James Quincey, Chairman and CEO of the Coca-Cola Company, stated during the earnings call on Tuesday that the India business “experienced a robust growth in 2023,” In the December quarter, the company witnessed a 7 per cent […]
Coca-Cola has announced a further extension of its collaboration with the International Cricket Council (ICC) for an additional eight years, solidifying its status as the longest-standing partner of the cricket organisation. The Coca-Cola Company and the ICC sealed the deal at the ICC’s headquarters, extending their partnership until the conclusion of 2031, as per a […]
Coca-Cola India has launched Lemon-Dou, its inaugural alcoholic ready-to-drink beverage, marking the company’s foray into alcohol. Initial tests for Lemon-Dou are underway in Goa and select areas of Maharashtra. The beverage, a part of Coca-Cola’s global portfolio and called ‘Chuhai’ in Japan, blends shochu, akin to brandy and vodka, with lime flavors, extending the company’s […]
Coca-Cola on Thursday revealed a substantial investment of Rs 1,387 crore for a new manufacturing facility in Maharashtra’s Ratnagiri district. Spanning 88 acres in the Lote Parshuram Industrial area within the Maharashtra Industrial Development Corporation zone, the facility will utilize water from the Vashishthi river, according to a statement from Hindustan Coca-Cola Beverages. The greenfield […]
Coca-Cola India has unveiled its Coca-Cola cola brand in rPET bottles, with sizes ranging from 250 ml to 750 ml. These bottles, produced by key bottling partners, are crafted from 100 per cent food-grade rPET, excluding caps and labels. The initiative aims to enhance consumer awareness regarding the recyclability of the packaging. Moon Beverages, Coca-Cola’s […]