'The biggest impact will be on coal and hence on power cost. Then comes iron ore, coking coal, bauxite.'
Coca-Cola India on Wednesday launched Vanilla Coke in India. The company said that the new drink offers the 'same true taste of Coca-Cola with a hint of vanilla flavour.'
With Maaza, which already has the biggest share in mango beverages in the Indian market, Coke is betting on a winning horse, say experts.
Close on the heels of a major health scare on finding pesticides in bottled drinking water, CSE claimed that the bottled soft drinks owned by PepsiCo and Coke also failed the same health standards testing positive for pesticides.
Coca-Cola on Tuesday forayed into the cold coffee and iced tea business and extended its tie-up with McDonald's to sell the cold beverages under the brand name Georgia.
After rows over water usage at its plants in Kerala and Uttar Pradesh, it is now the turn of its Gujarat factory.
"We do not have it anywhere else other than the Jharia coal fields in Jharkhand. The quality is also not very good for steel-making. So the Indian steel industry will continue to depend on imported coal," says Arun Kumar Jagatramka, MD, Gujarat NRE Coke.
'The Budget will be positive, continuing on the path of growth taken so far.'
The Central Pollution Control Board has asked Tata Steel to submit the closure schedule of the battery at the earliest, minister of state for Steel A Sai Prathap said in a written reply to a question in the Lok Sabha. Coke oven battery is a plant where coking coal is converted into coke.
We do what the boss wants us to. And we do not mind putting body and soul on the line, notes Suveen Sinha.
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.
'In the early years of this century, barely 10 years after liberalisation, drinking Coke was still cool,' notes Uttaran Das Gupta.
The French designer, who famously lost 90 pounds by drinking only the low-calorie drink, has launched three bottles which will bear his name and immediately recognisable ponytailed silhouette, reported Daily Mail online.
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.
Given that teens as a segment forms a critical part of Coca Cola's spend, a significant part of the annual budget will be spent on Coke Studio.
Exports of 19 major commodities, including petroleum products, coal and marine items, saw growth in terms of volume during April 2023-February 2024, even as they witnessed contraction in value terms during the same period. Government officials said the rise in export volume despite a decline in value implies that these commodities show a stronger market demand.
Just four years before, Coke factories consumed over four litres of water for every litre of beverage sold. Now, it is 2.5 litres, a reduction of 34 per cent.
Coca Cola has got a clean chit from TERI for eco compliance. Its report said Coke meets with all Indian regulatory requirements.
The price cuts by Coke and Pepsi follow the launch of the 200 ml size last year for Rs 5.
Coal India's (CIL's) revenue for the first quarter of 2024-25 (Q1FY25) came in at Rs 36,500 crore, up 1 per cent year-on-year (Y-o-Y) and down 3 per cent sequentially, which was in line with consensus. The blended average selling price was Rs 1,687/tonne, down 5 per cent Y-o-Y and down 1 per cent Q-o-Q, which was below estimates. The adjusted operating profit (excluding overburden removal or OBR costs) stood at Rs 11,500 crore up 3 per cent Y-o-Y and up 17 per cent Q-o-Q, which beat the street. This was due to lower operating expenses.
Tata Steel has built an iron ore chest of nearly 600 million tonnes (mt) and will look for more as it prepares for life beyond 2030 when its legacy captive mines come up for auction. The lease for four of its existing iron ore mines -- Joda East, Noamundi, Katamati, and Khondbond -- that feed the domestic operation with low-cost iron ore is going to expire in 2030, following changes in mining regulations. The year will also coincide with Tata Steel's ambitious target of doubling steelmaking capacity in India to 40 mt, increasing the need for iron ore. The company is pushing the pedal to ensure that it has enough resources to meet enhanced needs.
Noticing irregularities in coking coal purchases, the Steel Ministry has set up a committee to look into the rationale behind PSUs buying more of the commodity when it is expensive, and less of it when cheaper.
Cola wars are pass, it's things like mobile phone services that are the real competition for Coke products, said Neville Isdell, chairman and chief operating officer of Coca-Cola, the world's largest beverage company. In India, strategy is no longer about competing with global rival PepsiCo or other local soft drink brands. Instead, it's about influencing consumer choice away from such purchases as rock-bottom pre-paid mobile cards to buying a Coke product.
'A rigid or overly broad interpretation could lead to a chilling effect on investments and growth in sectors traditionally driven by private initiative.' 'Entrepreneurs may fear that their assets could be arbitrarily appropriated by the State under the guise of serving the 'common good' without sufficient legal safeguards.' 'The judgment thus supports a more nuanced view, one that balances individual property rights with public welfare objectives.'
That's a real big deal for this store-owner in a small village off Agra which goes without power for several days at a stretch.
India and Russia on Tuesday set a target of $100 billion in annual trade volume by 2030 and vowed to develop a robust bilateral payment settlement mechanism using national currencies. The two sides also inked a total of nine agreements to further broadbase cooperation in a range of areas including in the economic domain following summit talks between Prime Minister Narendra Modi and Russian President Vladimir Putin.
The Winona Coca-Cola Bottling Comapany has been filling the bottle since it opened in 1932, eighty years ago.
The International Public Health Team of the Americas, that had visited Plachimada, has called upon the Kerala government to immediately withdraw all support to the Coca-Cola plant and to make 'Kerala free from Coke and Pepsi.'
Gujarat NRE Coke Ltd has informed BSE that the Board of Directors at its meeting held on January 18, 2003 has recommended issue of bonus shares in the ratio of 1:2.
After Sanju's success, Ranbir has been charging Rs 6 crore to Rs 8 crore per brand per year.
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
Strong demand in the domestic market, coupled with an increase in raw material prices, is pushing up steel prices. According to SteelMint, a market intelligence and price reporting firm, the list price of flat steel has seen an increase of Rs 750-2,000 per tonne for October deliveries. The long steel price witnessed an increase of Rs 1,500 per tonne towards the end of September.
Cola brands look for life in a parallel universe. Global majors Coke and Pepsi are going all out to stock up with health and nutrition offerings.
Domestic customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices as India will phase out customs duties under its trade pact with the EFTA bloc on these goods over a period of time. India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to boost trade and investments between the two regions. The European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland.
'With the deployment of a higher degree of mechanisation, awarding contractual mining to MDOs and operational efficiency, we feel confident of achieving the desired target.'
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