Hindustan Coca-Cola Beverages has moved the National Green Tribunal, challenging the order.
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.
The Kerala government has initiated the process of filing criminal charges against Coca-Cola for water pollution.
The Supreme Court on Friday issued notice to Hindustan Coca-Cola Beverages on a petition filed by a Kerala village panchayat challenging a high court order allowing the soft drink company to draw 500,000 litres of groundwater per day.
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.
Villagers and activists had long been alleging over-exploitation and pollution of groundwater and soil by the unit.
Village panchayat unanimously passed a resolution declaring it would not allow the MNC to go ahead with its plans.
eKOCool is a chest cooler that operates exclusively through solar energy, and has a capacity to store two crates (48 no) of 300 ml Coca-Cola glass bottles.
Coca Cola said on Wednesday it had not shifted its bottling plant at Plachimada in Palakkad district but was only carrying out some restructuring of plant operations.
A sub court in Kochi has dismissed a suit filed by Hindustan Coca Cola Beverages Ltd, Palakkad, seeking Rs 50 lakh damages from Malayalam newspaper Mathrubhumi for publishing a news report against it.
Hindustan Coca-Cola Beverages Pvt Ltd has moved the Mumbai high court challenging the Maharashtra government's action of confiscating huge stock of its aerated water products.
Consumer courts did not accept the company's contention that Thakkar did not have a proper receipt of the transaction.
Coca Cola is pumping in about $250 million to consolidate its bottling operations in India.
The court upheld the contention of the two soft drink companies that the state government had no jurisdiction to impose a ban on manufacture and sale of their products.\n\n
The Kerala high court on Thursday referred the petitions filed by PepsiCo and Coca Cola, seeking to quash the government order imposing a ban on the manfacture and sale of their products, to a division bench.
Kerala high court on Tuesday directed the company to stop drawing groundwater for use in its bottling plant at Plachimedu in Palakaad
The Supreme Court on Friday issued notice to soft drinks major Coca-Cola on a Kerala government plea
The Kerala State Pollution Control Board has ordered closure of soft drinks major Coca Cola's plant at Plachimada in Palakkad district.
Multinational soft drinks manufactureer Coca-Cola on Wednesday withdrew its petition from the Supreme Court after the latter refused to interfere in the resolution of the controversy pertaining to alleged pesticide content in its products.
Saying that the consumer has the right to know what he consumes, the Supreme Court on Monday dismissed two petitions filed by soft drink giants, Pepsi and Coca-Cola.
Coca-Cola plans to raise $41 million or about Rs 200 crore (Rs 2 billion) at face value by divesting 49 per cent stake in wholly-owned subsidiary Hindustan Coca-Cola Beverages Pvt Limited.
Central Ground Water Authority declared Arajiline block, where the bottling plant in located, as "over exploited" in 2011
It is also testing a concept sourced in Australia, storing local fruit in an ice dispenser, freezing it and offering it to consumers as a sorbet without any artificial sweeteners or flavours.
This means, Coca-Cola group will no longer bottle and market any of its beverages in the country.
The region constituted more than 31percent of the segment's total sales volume in 2016.
After rows over water usage at its plants in Kerala and Uttar Pradesh, it is now the turn of its Gujarat factory.
The firm has set its eyes on emerging categories such as juices and plans to develop a stronger total portfolio, participating across multiple categories.
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.
While Coca-Cola India improved its profit margin during the year, arch rival PepsiCo's margin was far lower. Coca-Cola India, which does not manufacture or market any products, gets majority of its revenue from royalty incomes against ownership of formulations for key products. Over the years, PepsiCo's operating revenue has come down significantly, as it kept divesting bottling plants to its franchise partners.
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).
Residents in the vicinity alleged over-exploitation of groundwater.
The state government's move comes following stiff opposition.
Coca-Cola will sell off its bottling business in India in the next few years.
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
Twenty-five years on, Coca-Cola is involved in a new search. Arnab Dutta reports.
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