Being the basic material for development of economic and social infrastructure, steel is used for producing capital goods as well as final consumption goods.
Both PepsiCo's 'Youngistaan' brand ambassadors -- Virender Sehwag, captain of Delhi Daredevils, and Ishant Sharma, member of Kolkata Knight Riders -- have been formally present at various promotional activities for arch-rival Coca-Cola India, simply because Coca-Cola is the associate sponsor and the official pouring partner for both Delhi Daredevils and Kolkata Knight Riders.
Leading softdrink manufacturers like Coca-Cola and Pepsi on Friday asked the government to abolish eight per cent special excise duty on aerated soft drinks to help them bring down prices.
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.
Kerala high court on Tuesday directed the company to stop drawing groundwater for use in its bottling plant at Plachimedu in Palakaad
India's merchandise exports jumped 27.16 per cent to $30.04 billion in November on the back of good performance by sectors like petroleum products, engineering goods and electronic items, official data showed on Tuesday. The exports stood at $23.62 billion in November 2020. Imports in November were at $52.94 billion, showing an increase of 56.58 per cent over inbound shipments of $33.81 billion in the year-ago month.
Abhijeet Goel and Dr Sansrati Jain tied the knot on the Yug Metaverse to become India's first couple to get married on a Metaverse platform.
The primary and immediate impact of a depreciating rupee is on the importers who will have to shell out more for the same quantity and price. However, it is a boon for the exporters as they receive more rupees in exchange for dollars. The rupee depreciation has wiped away some of the gains that would have accrued to India from international oil and fuel prices dropping to pre-Ukraine war levels.
The interim test report of the samples of Coca-cola from the company's Plachimada plant in Kerala has revealed that the soft drink did not contain cadmium and the lead content was much lower than the permissible level.
Kerala local administration minister Cherkalam Abdulla said the government would take action against the Coco Cola plant at Plachimada if the unit was found causing pollution, but added nothing would be done under political pressure.
Coca-Cola's proposal for giving its shareholders differential voting rights after it recently completed divestment of 49 per cent equity in favour of resident Indians is still pending with the government, company sources confirmed on Thursday.
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.
In a 15-minute lecture at the Pravasi Bharatiya Divas, Tharoor said he was appalled at the manner in which some people were creating a ruckus in the name of sanskriti (culture).
The company said it is launching its new television commercial in India as part of the 'Brrr' campaign, which has run in around 41 markets across the globe.
In a move to become more accessible to the consumers, Coca-Cola has launched a toll-free consumer feedback number in the country.
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.
Following a global strategy to promote healthy beverages, Coca-Cola India is considering an entry into various new beverage segments such as juices in addition to sports and energy drinks.
'Working with him is like deep sea diving.' 'He is an ocean into which you keep diving, discovering something new every time.'
Although both parties were tightlipped on the details of the lawsuit, which was served on the company's US subsidiary this week, sources in the know said its financial implications would be huge if the court verdict goes against Novelis.
The court upheld the contention of the two soft drink companies that the state government had no jurisdiction to impose a ban on manufacture and sale of their products.\n\n
Coca-Cola has received clearance from the government to manufacture energy drinks in the country.
Ringing in changes at key senior positions, Coca Cola India is in the process of repatriating Indians from overseas postings, including China, Sri Lanka, Denmark and Atlanta.
Since he took over as president of Coca-Cola's India and Southwest Asia business a year ago, T Krishnakumar, popularly known as KK, has focused on bringing agility to the company amid heightened competition.
The Kerala State Pollution Control Board has ordered closure of soft drinks major Coca Cola's plant at Plachimada in Palakkad district.
"India is strategic market. We had announced an investment plan of $250 million, to be invested over the three years. Those plans are intact," Coca Cola India president and CEO Atul Singh told reporters. The company would continue to invest on infrastructure and bottling line as required, he added.
Twenty-five years on, Coca-Cola is involved in a new search. Arnab Dutta reports.
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 Classic became the No.1 drink in the US with a sales of more than 1.6 billion cases sold in 2010.
The Delhi high court on Wednesday stayed the government decision to destroy empty glass bottles of Coca-Cola not having the mandatory embossed declaration after the soft drink major gave an undertaking that it would not use them.\n\n\n\n