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 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.
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
US fast-food giant McDonald's Corp has ended its 41-year-long Olympic Games sponsorship deal three years early, the International Olympic Committee said on Friday.
FMCG, automobile industries say if GST regime kicks in, rail hubs can take Make in India to a new high.
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
Coca-Cola will invest up to $70 million this year along with its bottlers in expanding capacity, while announcing a slew of new launches including a new Coke variant called Coke Vanilla and two new variants in soft drink concentrate Sunfill.
It was a disappointing result for the Indian after having led on the first day of the Coca Cola Tokai Classic, which was won by Young Eun Yang.
The Indian ace, who had a superb 65 in the first round, is eight-under 136 after the second in the Tokai Classic, which is led by Taipei''s Yeh Wei-Tze.
The Kerala State Pollution Control Board on Wednesday said its sample analysis showed presence of cadmium in much higher concentration than permissible levels.
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.
It is not easy for an FMCG brand to make a comeback if it has been out of consumer's reckoning for some time. Moreover, a protracted battle between the owners and then closure of a large number of outlets at one go might have sent some very negative signals to many, says Sneha Bhattacharjee.
The Nigerian striker scored once in each half in a 2-1 victory over Churchill Brothers in the National Football League.
Francis Afonso goal gave the Goa team a 1-0 victory in the National Football League.
A 3-1 victory gave churchill their second victory from three matches in the National Football League.
Coca-Cola's proposal for giving Indian shareholders differential voting rights is believed to have come up for discussion at Foreign Investment Promotion Board's meeting held on March 13, sources said in New Delhi on Friday.
Coca-Cola India said on Monday it complies with all "relevant EU norms" while manufacturing its bottled water brand Kinley.\n\n\n\n
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
Venezuela's worst recession has led to shocking prices as people continue to face acute shortage of basic commodities.
PepsiCo and Coca-Cola joined hands to caution against the "blind" adoption of European norms as these could have serious implications on the Indian economy, while asserting compliance with the EU standards for their brand products sold in India.
PepsiCo India has invested $100 million over the last few months in hiking production capacity by 40 per cent and improving infrastructure, and expects to add up to 60 million new customers this year.
Abdulalatif Sereki scored twice in a 3-1 victory in the National Football League.
A goal in each enabled the Mumbai champions beat Indian Bank 2-0 in a National Football League match.
While it is difficult to put a number on how much the impact on the ad sales tally could be, it is quite possible the broadcaster will not be able to make its Rs 2-billion target, says Urvi Malvania.
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