The Bombay High Court on Wednesday stayed the order of income tax authorities attaching bank accounts of Coca-Cola for recovery of outstanding tax dues to the tune of Rs 77 crore.
The Calcutta High Court on Friday said if soft drinks majors Coca Cola and Pepsi failed to comply with its order in filing affidavits on a writ petition, it would be constrained to ban their drinks' sale in West Bengal.\n\n
Two years after slashing prices to push volumes, Coca-Cola India on Wednesday increased prices on 200 ml and 300 ml bottles by Re 1.
Coca-Cola on Tuesday forayed into the cold coffee and iced tea business and extended its tie-up with McDonald's to sell the cold beverages under the brand name Georgia.
Traders' body says retailers have supported boycott; eateries, supermarkets seek more time to decide.
Heralding the cut-throat summer competition in soft drinks, Pepsi said on Tuesday that it has slashed prices of its 300 ml returnable glass bottles to Rs 6 in the capital and this price cut may be extended to other markets.
An anti-war group in Kochi on Monday called for a boycott of products of Coca-Cola, Pepsi and Hindustan Lever Ltd to protest the superpower-led military action in Iraq.
Coca-Cola plans to raise $41 million or about Rs 200 crore (Rs 2 billion) at face value by divesting 49 per cent stake in wholly-owned subsidiary Hindustan Coca-Cola Beverages Pvt Limited.
India's first home-grown mapping company MapMyIndia is looking to list in the public market by raising around Rs 1,200 crore at a Rs 6,000-crore valuation. Sources said the company is ready with its draft red herring prospectus documents and is likely to file as early as next week. While the money will be used for business expansion, it will also give MapMyIndia's early investors, including Qualcomm, PhonePe, and Japanese mapmaker Zenrin Co., a chance to exit. The Verma family, which founded the company, will continue to remain promoters.
Cola brands look for life in a parallel universe. Global majors Coke and Pepsi are going all out to stock up with health and nutrition offerings.
Fernandes wanted Coca-Cola Company to not just transfer 60 per cent of the shares of its Indian firm but also the formula for its concentrate to Indian shareholders.
The introduction of the two new products is an indication of the importance of India as a market.
'What scares me is the fact that there is so much content that people have content indigestion.' 'How do you entice people who have indigestion of content?'
Chennai Super Kings coach Stephen Fleming addressed succession plans for MS Dhoni's captaincy, revealing that they had plans in place for about 10 years.
The IPL 2024 auction, set to take place in Dubai at the Coca-Cola Arena on Tuesday, marks a historic moment as it becomes the first instance of an IPL auction being conducted overseas.
The FMCG industry hopes for a revival in consumption growth in 2025 with some 'green shoots' already visible, after having a challenging year amid escalating input costs and a double-digit rise in food inflation, which ultimately slowed down the pace of the urban market growth in the second half of 2024. Soaring prices of commodities such as palm oil, coffee, cocoa and wheat forced FMCG players to go for a hike of 3 to 5 per cent or resort to shrinkflation by reducing pack sizes and grammage to retain attractive price points, fearing a volume loss.
NASCAR will be the first major sport in the United States to return to action amid the coronavirus pandemic after the organisers of the popular racing series said on Thursday that the season will resume without fans in mid-May. NASCAR, which postponed racing in mid-March due to concerns over the novel coronavirus, said its season will resume on May 17 at Darlington Raceway in South Carolina.
'Devika is a people's person, who simply loves what she does. This reflects in her work; the insights she brings to the table and the way she interacts with people and clients. She has the demeanour of a good captain. Her success is well-deserved.'
Giants like Pepsi and Coke are fast losing shelf-space to healthier, functional options.
The Madras High Court Bench in Madurai on Thursday dismissed a couple of public interest litigation petitions filed against the supply of Tamirabarani surface water to industries set up by co-packers of Pepsi and Coca Cola at the Industrial Growth Centre established by SIPCOT at Gangaikondan in Tirunelveli district of Tamil Nadu.
Major corporate sponsors of the Tokyo 2020 Olympics are standing by the International Olympic Committee after the Games were postponed and experts familiar with the deals said the companies would not likely seek the return of billions of dollars committed to the agreements. Fourteen global companies including Coca-Cola Co, Procter & Gamble Co and Intel Corp spent $500 million this year and have committed close to $4 billion on multi-year contracts that designate them as top-tier sponsors, according to research firm Global Data.
Let's take a look at 20 most valuable brands in the world.
Brand Finance, headquartered in London, first issued its global report into the relative equity of the 250 top global brands back in 2007.
World Cup organisers have gone to great lengths to keep unaffiliated firms out of sight, such as concealing the brand names on the front and back of LG television monitors in the press facilities with black tape.
'In the early years of this century, barely 10 years after liberalisation, drinking Coke was still cool,' notes Uttaran Das Gupta.
'When I am working on a series, be it Paatal Lok on Amazon Prime or Kohrra on Netflix, I never take it for granted that we will be back with another season.' 'It's only at the end of the season that I ask myself if I still have it in me to take the story further and if I would like to meet the characters again.' 'If the answer is yes, then I find ways to make the journey exciting for myself, like taking Inspector Haathiram Chaudhary to Nagaland.'
Do you agree with our lawmakers that consuming cola is nothing short of slow poisoning?
The Supreme Court on Monday asked aerated drink makers PepsiCo and Coca Cola to file their replies within six weeks on the N K Ganguly Committee report that concluded cola drinks contained pesticide residues.
UAE Royals returned to winning ways by posting a thrilling 26-21 victory over Manila Mavericks on Day 2 of the Singapore leg of the International Premier Tennis League.
After Patanjali, ITC and Coke, PepsiCo eyes value-added dairy products
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