Why Coke is following PepsiCo

Coca-Cola will sell off its bottling business in India in the next few years, to focus on the consumption habit and to improve margins. Image: Coca-Cola currently manufactures its products in 24......

Increase import duty on tyres to 20%

During 2013-14, tyre demand is estimated to have grown by a muted 1%, largely aided by two-wheelers and tractors, even as demand from LCV and PV segments fell. This follows a 2% de-growth witnessed......

Bank profitability set to fall

Higher salaries, declining spreads and lower fee incomes will ensure this. Macroeconomic headwinds in 2006-07 and 2007-08 have resulted in substantial fluctuations in banks' profitability. Rising......

SBI to raise Rs 1,500 cr via lower tier-II bonds

State Bank of India plans to raise capital up to Rs 1,500 crore (Rs 15 billion) through lower tier-II bonds to shore up capital adequacy ratio and support business growth. These bonds carry......