According to Indian tax laws, an acquisition or sale made by an overseas subsidiary of an Indian company is not liable for taxation in India.
Soft drink giant Coca-Cola on Friday announced it will acquire US energy drink maker Glaceau, in which India's Tata Group has 30 per cent stake, for $4.1 billion in cash.
Coca-Cola's proposal for giving Indian shareholders differential voting rights is believed to have come up for discussion at Foreign Investment Promotion Board's meeting held on March 13, sources said in New Delhi on Friday.
Coca-Cola India said on Monday it complies with all "relevant EU norms" while manufacturing its bottled water brand Kinley.\n\n\n\n
In a rebuff to Coca Cola's plan to reopen its plant at Plachimada near Palakkad in Kerala, the Perumatty Panchayat has rejected the soft drink company's application to renew its licence on the basis of the Kerala High Court order permitting it to dra
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Hiroo Kawai leads the field in the Coca Cola Tokai Golf Classic.
The Indian ace shot a two-under 69 on the opening day to be sole second at the Coca-Cola Tokai Classic.
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Coca-Cola and Pepsi are under fire once again as noted environmentalist Vandana Shiva is set to launch a nationwide campaign asking the soft drink giants to shut down all the erring plants.
Soft drinks major Coca-Cola India will try to reach 40,000 villages this year as part of its strategy to penetrate rural market that is characterised by low per capita consumption of carbonated soft drinks
Coca-Cola will invest up to $70 million this year along with its bottlers in expanding capacity, while announcing a slew of new launches including a new Coke variant called Coke Vanilla and two new variants in soft drink concentrate Sunfill.
Pradeep Sarkar talks about Young B, the cool factor in the LG ad.
In keeping with its affordability strategy for driving volume growth this summer, Coca-Cola India will soon launch fruit drink Maaza in 125 ml tetrapaks and introduce 600 ml pack size for Coke, Fanta and Maaza.
The Nigerian striker scored once in each half in a 2-1 victory over Churchill Brothers in the National Football League.
Francis Afonso goal gave the Goa team a 1-0 victory in the National Football League.
A 3-1 victory gave churchill their second victory from three matches in the National Football League.
Soft drink major Coca Cola's Rs 549 crore (Rs 5.49 billion) proposed investment in its Indian arm was among the 25 FDI proposals totalling 773.52 crore (Rs 7.73 billion) cleared by Finance Minister P Chidambaram on Thursday.
Delhi high court on Monday restrained Coca-Cola from airing its Thums Up and Sprite commercials featuring film actor Salman Khan holding that the promos were intended to depict Pepsi as an inferior drink.\n\n
The Indian golfer fired a round of two-over 74 to slip to tied-13th position at the 120 million yen Coca-Cola Tokai Classic.
The Indian ace battled a bout of flu to lead Korean Yong-eun Yang and Japan's Takuya Taniguchi and Toru Taniguchi after the first round.
PepsiCo and Coca-Cola joined hands to caution against the "blind" adoption of European norms as these could have serious implications on the Indian economy, while asserting compliance with the EU standards for their brand products sold in India.
Coca-Cola India said on Wednesday that the company's Atlanta-based parent has invested $100 million this year to hike bottling capacity, increase the number of distribution outlets and improve efficiencies.
FSSAI will put the draft guidelines in front of a seven-member expert committee.
Tightening the noose on errant bottled and packaged drinking water companies, government on Monday cancelled ISI quality licences of two more units including that of Bisleri International, Noida.
Coca-Cola will complete the process of divesting 49 percent stake in Indian operations by Feb 28, with its bankers close to finalising the financial institutions and high-net worth private individuals with whom the shares will be placed.
The West Stand at the iconic stadium has been renamed the 'Sachin Tendulkar Stand.'
PepsiCo India has invested $100 million over the last few months in hiking production capacity by 40 per cent and improving infrastructure, and expects to add up to 60 million new customers this year.
Abdulalatif Sereki scored twice in a 3-1 victory in the National Football League.
A goal in each enabled the Mumbai champions beat Indian Bank 2-0 in a National Football League match.
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