'He has been one of the clearest thinkers in the history of business.'
Coca-Cola will sell off its bottling business in India in the next few years.
The American, who moved from US Navy to the corporate world, is considered best suited for this role because of her understanding of both production and distribution. Arnab Dutta & Viveat Susan Pinto report.
Debt-ridden Future Group is now focusing on saving and rebuilding firms such as -- Future Lifestyle Fashions, Future Supply Chain Solutions, Future Consumer and Future Enterprises, after the Rs 24,713-crore deal with Reliance Retail was rejected by secured creditors, according to industry sources. However, Future Group's flagship firm Future Retail Ltd (FRL), which has nearly Rs 18,000 crore debt, is bound to face the corporate insolvency resolution process before the National Company Law Tribunal (NCLT). Other companies like Future Enterprises Ltd (FEL), Future Lifestyle Fashions Ltd (FLFL), Future Supply Chain Solutions Ltd (FSCSL), Future Consumer Ltd (FCL) can sustain on their own and can be rebuilt by restructuring their liabilities with the help of current lenders and investors, said an industry source close to the Future Group.
A call by the Traders Federation in Tamil Nadu to ban sales of Coca Cola and Pepsi soft drinks came into effect on Wednesday with its president A M Vikrama Raja declaring drinks as 'toxic' for consumption.
Though the intent has been hailed as good for the economy, teething problems remain with a five-rate structure for various goods and services
The 15 proposals were cleared following recommendations by Foreign Investment Promotion Board.
According to a 2013 CLSA report , online retail in India was worth $3.1 billion, or about 10% of the country's organised retail market
The company had signed a memorandum of understanding with the state government to set up the plant at an investment of Rs 30,000 crore (Rs 300 billion).
Cellphone advertising is witnessing the first few signs of how it has the potential to become big in the near future. Hindustan Unilever and Coca-Cola, two of the biggest advertisers in the country belonging to the fast moving consumer goods sector, have launched campaigns this month to tap mobile users.
Maruti Udyog Ltd surpassed Coca-Cola, Pepsi and Hindustan Lever to emerge as the country's largest sports advertiser on television in 2006.
With rising incomes, education, and health awareness in India, especially in the big cities, droves of people are saying no to sugar.
Names such as Danone, Dabur, Mondelez and Abbott Healthcare have also figured on the list of suitors.
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.
Companies from Unilever to Proctor & Gamble, Nestl, Coca-Cola and PepsiCo have all alluded to lockdown challenges in India and the globe as well as the impact it will have on April-June as well as full-year numbers.
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.
'In the early years of this century, barely 10 years after liberalisation, drinking Coke was still cool,' notes Uttaran Das Gupta.
Leading TV channels will see a blackout of spot advertising from midnight tonight after Hindustan Unilever, Procter & Gamble, Airtel, Pepsi, Coca-Cola and Reliance Communications, among others, directed their media-buying agencies not to book such advertisements on 16 news and entertainment channels, including NDTV, Network 18, Zee News, Star News, starting October 16.
Instead of condemning all businessmen, the PM may like to listen to some of them.
There is also a growing realisation amongst companies that very small children are not able to comprehend communication properly.
...followed by financial services, IT, and sales and marketing.
The Coke one drinks today is perhaps "much more safe" than the milk one consumed or the fruits and vegetables that one ate, a top official of Hindustan Coca Beverages Private Limited, the bottling division of the Coca Cola company, said.
In a blow to the soft drinks majors Coca-Cola and Pepsi, the Kerala High Court on Friday declined to stay the government order banning the manufacture and sale of their products in the state.
FSSAI will put the draft guidelines in front of a seven-member expert committee.
The regional players are outrightly opposed to the idea, while MNCs are looking for procedural changes that, they say, will align the labelling criteria with global practices.
The country's largest consumer goods company Hindustan Unilever says it has been able to reduce its water use by regular metering, monitoring and controlling of utilities consumption at all its manufacturing sites
The list includes Hindustan Unilever, Asian Paints and Bharti Airtel - firms that investors feel are most likely to come up with the next big innovation.
The entire series consists of the shorter format of cricket, which draws more audiences.
The two battle it out in the controversial but lucrative fairness cream market, spark a fresh bout of aggression in the war between the brands
The heat wave that began a few weeks ago as well as the prediction of a possible El Nino weather phenomenon this year has beverage and ice-cream makers hope for a 15-20 per cent growth in sales in May
Food regulator has closed more than 15 files.
Spends by e-commerce players have now touched Rs 1,000 crore.
One of the oldest living brands in the country, Horlicks has been innovative in its approach, which helped it survive intense competition
Nearly 150 companies visited the campus this year.
People flock to electronics shops to buy air conditioners.
Actors and sportspersons are increasingly blacklisting products like colas and fairness creams. Urvi Malvania explores what lies behind the concern among endorsers over brands they promote and how will it impact both.
India was the flavour of the year, at least in the FMCG sector, as multinationals hiked stakes in their subsidiaries lured by long term potential of the country, while homegrown executives made their way to top hierarchy of global firms in 2013.
The new push is being driven primarily by over 170,000 villages where household income is over Rs 1 lakh a year.
For the traditionalists, wars on Twitter and Facebook smack of immaturity.
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