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.
With the increased death rate in the ongoing second wave of Covid-19, domestic cement companies are in no better condition than they were in the April-June quarter of FY21 when the country faced nationwide lockdown. "This wave has had high death rate which has impacted the business. "We are in no better situation than last (year) April. "Deaths of drivers, dealers, contractors and also employees have hit the industry really very hard since April (FY22)," M Ravinder Reddy, director of Bharathi Cements said.
RINL, whose two coking coal blocks in Jharkhand -- Mahal allocated in 2005 and Tenughat-Jhirki allocated in 2008 -- were de-allocated by the Coal Ministry at the beginning of this month, had earlier requested permission to surrender these blocks in lieu of two alternative blocks in the region.
One person was killed and three were feared dead after a mishap at an underground mine at BCCL's Basantimata colliery in Dhanbad district.
During the quarter, Coke rolled out its fruit juice brand Minute Maid in select locations such as Mumbai. It also introduced variants of Schweppes tonic in the city. The brands will be rolled out in other metros shortly.
Politics, bureaucracy, ineptitude, double-standards and an attempt to politicise the fight in pseudo-nationalistic terms have all hampered the fight against this deadly virus, says Vir Sanghvi.
Sevilla conjured up a dazzling comeback to clinch a record third successive Europa League title on Wednesday, flooring Liverpool with a 3-1 victory that showed why the Spanish side have become masters of Europe's second-tier competition.
Rahul Gandhi treated teachers from Kanyakumari to a 'special Delhi dinner' and won their hearts.
Entire outlay would be funded through internal and extra budgetary resources, it added.
The cola wars will no longer be restricted to Coke and Pepsi, with their Latin American competitor Ajegroup setting up shop in India.
The trade impact of the coronavirus epidemic for India is estimated to be about 348 million dollars (approximately Rs 25 billion) and the country figures among the top 15 economies most affected as slowdown of manufacturing in China disrupts world trade, according to a UN report. Estimates published by United Nations Conference on Trade and Development on Wednesday said that the slowdown of manufacturing in China due to the coronavirus (COVID-19) outbreak is disrupting world trade and could result in a 50 billion dollar decrease in exports across global value chains.
Country's largest iron ore producer NMDC on Wednesday said it is in talks to buy coking coal mines from Kolmar in Russia to feed its proposed steel plants in Chhattisgarh and Karnataka.
The govt has hiked customs duty for metallurgical coke.
The proposed units comprise seven coking coal washeries and 13 non-coking coal washeries.
The domestic steel prices may fall by up to Rs 3,000 a tonne after June, if the rates if coking coal decline in the global market, Steel Secretary P K Rastogi said.
AB de Villiers has said the Indian Premier League (IPL) should do away with large fines for slow over rates and shorten innings breaks to 10 minutes
A look at the top tweets from your favourite Bollywood celebrities.
The Indian steelmaker, which bought the Mozambique project with Australia-listed Riversdale Mining, sees the mine as essential in ensuring it has a sustainable supply of coking coal.
The Australian government has supported a proposal from Indian steel companies for acquiring equity stakes in coking coal companies and coking coal properties in the country.
Calcined petroleum coke maker Rain Calcining on Friday said it has completed the process of acquiring US-based CII Carbon for about 595 million dollars in cash.
Come summer and the cola wars have taken off this time on a different colour, literally.
Inflation rose to 3.79 per cent for the first week of the New Year from 3.50 per cent during the previous week even as prices of some essential food items like vegetables and fruits fell.
Mature markets globally have either become saturated or have slowed down. The emerging markets have therefore become strategically important for these companies. The contribution of Indian operations to the global sales of these multinational behemoths is still small -- 1.5 to 3 per cent -- but this share is bound to grow given the buoyancy in the Indian market.
That's because India does not have a serious venture capital industry with an appetite for risk, observes T N Ninan.
Dosa. Coke. Bacardi. No, we're not talking about food, beverage or alcohol.
Urvi Malvania looks at what is in store for the IPL's 2019 edition.
You aren't dealing with a normal, civilised, law. The NDPS Act, in its preconditions for bail, and insistence on evidence of innocence rather than guilt, is worse than UAPA. Imagine yourself or your child at the other end of this, observes Shekhar Gupta.
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Sevilla, winners of the Europa League for the past two years, will play Shakhtar Donetsk in this season's semi-final.
Das said the man in the video does not own his doorstep, sit-out, or his house and he wondered if what the man did would qualify as harassment.
Concerned over rising coking coal prices and insecurity of supplies, Steel Minister Ram Vilas Paswan on Saturday asked public sector steel producers to scout for mines abroad.
A recent consumer survey has ranked Pepsi as the most preferred beverage brand, with arch cola rival Coke trailing in all categories except one.