Coca Cola has decided to add a punch of health to its India portfolio, possibly by early next year.
Vivek Saini, a part-time clerk at a store that sheltered Faulkner, had shown kindness to the accused for almost two days and provided him with chips, a coke, water, and even a jacket for warmth, M9 News Channel reported on Sunday.
The Securities and Exchange Board of India on Tuesday barred Austral Coke and Projects from raising any further capital on finding that the company was involved in a fraud amounting to Rs 1,047 crore.
Coca-Cola India has written a letter to the joint parliamentary committee, probing allegations of pesticides in beverages, seeking permission to depose before it.
'While lower steel prices may impact a part of the quarter, this will be offset by softer raw material prices.'
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 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.
'I think some of us, like Mukesh Ambani, myself and those of us who head industrial units, ought to really focus on what we can really do to make the world a safer place, maybe 50 or 100 years from now.' 'For instance, how can we deal with climate change and global warming, right now?' 'The effects of it may not be felt now; in fact, we may pay a price for it today, but it will help the generations to follow.'
Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.
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.
Coca-Cola pledged on Tuesday to conserve seven of the world's most critical river basins under a $20 million plan but skipped India, where it faces protests for allegedly depleting ground water.
Its goodbye to Coke and Pepsi at the Banaras Hindu University campus in Varanasi. The university has banned these drinks on its campus from August 1, 2007.
The nearly Rs 15,000-crore India unit of Coca-Cola derives the bulk of its revenue from its core business of selling cola drinks
Amidst concerns over growing obesity among children in the country, American American Beverage Association (ABA), a trade body, has said its members will only stock bottled water and 100 per cent juice in vending machines in elementary schools.
The Supreme Court on Monday stayed contempt proceedings against Coke and Pepsi in the Rajasthan high court for their failure to implement the court order to declare contents of their soft drinks.\n\n
Globally, Coca-Cola offers Fanta in various fruit-based formats. Apple, Strawberry, Pineapple and Creaming soda are a few of the 90 variants that are available in different markets, apart from orange.
Master blaster Sachin Tendulkar is understood to have finalised a three year endorsement deal estimated around Rs 20 crore with beverage major Coca Cola, after rival PepsiCo dropped him about two-and-half years back.
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.
Trinamool Congress is the second highest recipient of political donations through electoral bonds.
Coca Cola is planning more investments in India on top of its Rs 1000 crore budget for this market. The incremental investment will be made in the next three years. This is with the view of making India amongst Coke's top five markets. Coke regards India as a 'profitable' venture that is adding to the balance sheet of the global giant. India is currently at number 17 in the list of countries where Coke is present and had emerged among the best markets for Coke during 2007.
This is going to be the lowest price for a Coke product in the non-returnable ready-to-drink category.
Reliance Industries Ltd on Friday reported a 9 per cent rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals. The oil-to-retail-to-telecom conglomerate's consolidated net profit of Rs 17,265 crore, or Rs 25.52 per share, in October-December - the third quarter of the current 2023-24 fiscal - was 9.3 per cent higher than Rs 15,792 crore, or Rs 23.19 a share, earning a year back, according to a company statement. Quarter-on-quarter, the profit was lower when compared to Rs 17,394 crore earnings in the preceding three months ended September 30.
Pepsi and Coca-Cola India have been asked to depose before the joint parliamentary committee probing pesticide allegations in beverages on December 16 and 17, respectively.
With temperatures beginning to rise already, soft drink giants Coke and Pepsi are evaluating the options of launching iced tea and cold coffee through vending machines, apart from dispensing hot beverages.
Having bucked the slump, Coca-Cola India's growth continues to be robust. Atul Singh, CEO & president of the company, is betting big on the country's potential to emerge as its top five markets in the world.
Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
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
India's private and state government-owned ports (non-major ports) continued to grow faster than those owned by the Centre (major ports) through the first three quarters of 2023-24 (FY24), cargo handling data shows. At 604 million metric tonnes (mmt), cargo at major ports grew by 5 per cent between April and December, while non-major ports' cargo traffic growth was 11 per cent at 531 mmt. During December 2023, central government-owned ports in India handled cargo volumes of 69.9 mmt, a tepid year-on-year (Y-o-Y) growth of 0.7 per cent.
Coca-Cola India said on Tuesday its dispute with brand ambassador Sushmita Sen was only with regard to 'celebrity engagement' contract and not on any sexual harassment issue and that both parties had reached a mutually agreed settlement.
More than 2,800 jobs will be axed as Tata Steel plans to close its blast furnaces at the Port Talbot plant in South Wales in the UK. Of the total job cuts, 2,500 will be in the next 18 months, said Indian conglomerate Tata. A further 300 jobs are to go in three years.
When Kapil's Devils won the World Cup in 1983, cricket was still one of the sports in India and a champion team needed a true blue cricket fan Lata Mangeshkar to hold a concert so that each member could earn Rs 1 lakh.
Coke to invest $250 m in India in 3 years
Accusing Pepsi and Coke of trying to escape from their responsibilities, a leading consumer organisation, the Consumer Unity and Trust Society, said it would move the apex consumer court, seeking the withdrawal of soft-drinks and a ban on their sale.
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