Almost 70 per cent of alcohol distribution in India happens through liquor vends or shops, while 30 per cent happens on-premise, that is, in bars, pubs, and hotels.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
As Japan expands state of emergency, calls grow to cancel Games. Japan has repeatedly insisted it will hold the Games despite opinion polls showing a majority of respondents want them postponed again or cancelled.
Beverages giant Coca-Cola plans to acquire US energy drink firm Glaceau, in which Tata Tea has 30 per cent stake, in a deal that could be worth over $3 billion, US media reports said on Wednesday.
'Akshay fits the image of the hero of the masses.'
The assets are estimated to be worth over Rs 6,000 crore.
Out of total 5,842 registered water packaging units, 1,495 units have both BIS and FSSAI licences, while 4,347 units have only BIS certification.
Goa, Kerala, Maldives and Dubai are among the popular destinations.
With substantial cash reserves, a buoyant domestic market and increasing global opportunities, almost every consumer goods (FMCG) company is looking for acquisition targets.
With all of the heavy lifting we have done over the past few years, I am confident that we are now well positioned to build on the Tata Group's unique legacy to steer the 21st century towards a more sustainable, connected, inclusive and efficient future: Chandra in email to staff.
Coca-Cola will sell off its bottling business in India in the next few years.
The issue will comprise a secondary share sale worth Rs 600 crore by private equity major Everstone Capital and fresh fundraising worth Rs 400 crore.
Vistara started allowing passengers to book an extra seat from Tuesday. IndiGo and SpiceJet, too, are in the final stages of designing such a product to be sold as an add-on.
Tea estates across Assam and West Bengal, which were hitherto closed owing to the lockdown, opened in April.
Nestle's Maggi 'shock therapy' worked. Nestle probably required such shock treatment as the June 2015 ban on Maggi noodles to jerk it out of its ennui, suggests Suresh Narayanan, now chairman and managing director of Nestle's India business.
The bulk of states' revenue comes from the devolution from the Centre's divisible tax pool, GST, VAT on petroleum, and excise duty on alcohol.
She was in Mohali to take part in an event, where she cheered on as a group of 572 girls performed minute-long jump squats to create a new record.
The food processing and beverages sector creates maximum employment on every Rs 10 lakh invested in the segment followed by textiles, agriculture, wood, paper and leather, a study by industry body Assocham has said.
Last year, Yum! Restaurants, the company that owns the brand that retails a range of fast foods, decided to extend the KFC brand concept to beverages, with Krushers, a range of chilled drinks. India was one of two test markets selected for this exercise, Australia being the other.
Prime Minister Narendra Modi on Wednesday said he has asked soft drink makers like Pepsi to try and mix aerated drinks with 5 per cent fruit juice to help distressed farmers find a new market for their produce.
A debt recovery tribunal in India ruled that Rs 6,200 crore of Vijay Mallya's dues -- Rs 5,000 crore as principal and Rs 1,200 crore as interest -- was payable. Mallya claims that out of the sum due, Rs 3,000 crore had already been recovered by the claimants.
"There are complaints and reports in social media and media about overcharging by some five-star hotels for items like bananas and eggs. This is a serious and unfortunate matter," Paswan told reporters in New Delhi.
Signs such as blurred vision, dizziness, unusual hunger, nausea, dry mouth, shooting pains and loss of taste etc should be taken very seriously.
Useful tips from fitness expert Meenakshi Mohanty to ensure that you keep your health a priority during this time of decadent meals and excessive drinks.
Traders' body says retailers have supported boycott; eateries, supermarkets seek more time to decide.
News viewership was the biggest gainer during the first full week of lockdown, growing 298 per cent versus the pre-COVID period between January 11 and 31. Ramayana, whose rerun has begun on Doordarshan, was the top-rated show on Saturday and Sunday.
Would you drink a coffee made of mushrooms?
For many big brands, investment in advertising is as big as the amounts spent in setting up factories and other infrastructure.
India's largest cola brand Thums Up to make international debut in March
Retail inflation in pulses and products category rose to a staggering 42.20 per cent in October.
High carbohydrate intake may up cancer recurrence risk.
The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.
Some restaurants and hotels are adding 'service charges'.
Check out the schedule of the ninth edition of the Indian Premier League T20 tournament.
From Rs 191 billion in 2019, the world's largest film producing industry now stands at Rs 72 billion thanks to the pandemic.
The unprecedented health crisis forced an indefinite shutdown of all sports activities -- both contact and non-contact. The FICCI said non-contact sports can resume first by maintaining social distancing norms.
Krishnakumar would be taking over from Bill Schultz who has been shifted to the Philippines to head the company's operations there, Coca Cola India said. Krishnakumar would report to Steve Buffington, regional director (Bottling Investments Group) of The Coca-Cola Company.
While larger companies like Nestle India, Britannia and the like are often mentioned, some mid-cap companies are also expected to grow at a rapid clip.
Read this before you get started on a 'healthy' eating plan.
The rise of domestic leisure travel, helped by rising income levels, is helping the industry offset the sluggishness in business from foreign visitors