Coca Cola India

IndusInd Bank: The private sector lender is selling its MFI retail loan pool worth Rs 1,573 crore on a 100% cash basis to improve liquidity and optimize its balance sheet. Aarti Pharmalabs: Abakkus Asset Manager, led by ace investor Sunil Singhania, buys a 1.18% stake in Aarti Pharmalabs for Rs 61.52 crore, while promoters sell 1.1% stake for Rs 57.5 crore. Gensol Engineering: Secures a contract worth Rs 897.47 crore from NTPC Renewable Energy to develop 225MW solar PV projects in Gujarat. Power Mech Projects: Bags an order worth Rs 186 crore from Jaiprakash Power Ventures to provide operation and maintenance services for Jaypee Nigrie Super Thermal Power Plant. Jubilant FoodWorks: Signs an MoU with Coca-Cola India to buy its portfolio of sparkling beverage products and certain other products, also undertaking marketing activities.

Jubilant FoodWorks jumps 2.3% after Coca-Cola India buys into Hashtag Loyalty

Coca Cola India acquired 15 percent stake in Jubilant FoodWorks' associate Hashtag Loyalty, which owns food ordering platform Thrive.

Coca-Cola's Arnab Roy: ‘Coke Studio Bharat has brought both celebrated and emerging artists together on one platform’

Coca-Cola India's marketing head and vice-president Arnab Roy talks about Coke Studio, the new avatar Coke Studio Bharat, and how music is the most unifying universal medium.

What drives the craze for mango-based drinks Maaza, Frooti in India?

Mango-based drinks command about 75 percent of the Rs 12,000 crore packaged juice market in India and are growing at 9-10 percent every year.

Coca-Cola India net profit declines 28.4% to Rs 443.4 crore in FY21; revenue down 16%

The cola major had logged a net profit of Rs 619.14 crore in FY20, while its revenue from operations in that year had stood at Rs 2,741.54 crore.

Bombay HC dismisses Coca-Cola India unit's writ challenging GST show-cause notice

Similar plea was quashed by Gujarat High Court in 2019. HCCBPL had availed CENVAT credit on the service tax paid on transportation charges incurred for moving its products from its factories and depots to its customers' places, which it was not entitled to under GST rules, according to taxman.  

Coca-Cola aims to double India business in 5 years

The company plans to market Coca-Cola India’s homegrown brand Maaza, globally.

Coca-Cola launches new nutrition drink priced at Rs 5

The company is also considering a re-entering the dairy segment.

Coca-Cola India launches Maaza variant

"With the launch of Maaza Gold, the company is expanding its product portfolio in line with consumers' taste. The company at the same time is also accelerating Maaza's journey towards becoming a homegrown billion dollar brand by 2023," Coca-Cola India & South West Asia Director Marketing –Juices Srideep Kesavan said.

Expect Thums Up to be $1 bn brand in 2 yrs: Coca-Cola India

The company introduced Thums Up Charge last week in some markets and expects it to be available pan-India by the second week of December.

Coca-Cola targets Maaza to become $1 bn brand by 2020

"The resource infusion behind Maaza is a part of the USD 5 billion investment plan of the Coca-Cola company and its bottlers in India, between 2012 and 2020. The bottlers of the company are setting up 5 Greenfield projects over the next 2 years, at least 50 per cent of which will have manufacturing lines for Maaza," the firm said.

Coca-Cola partners with DCM Shriram to improve sugarcane yield

"It is a sustainable supply project, in addition to improving farmers' income. We have come together to increase sugarcane farmers' yield and to bring in sustainable agricultural practices," Coca-Cola India and South West Asia President Venkatesh Kini told PTI.

Differentiated tax in GST good for beverages sector: Coca-Cola

The Atlanta-headquartered beverages giant said differentiated tax structure will be an opportunity for it to expand its products range in the country.

Coca-Cola India appoints Shehnaz Gill as franchise head

Beverages major Coca-Cola India today announced a new organisational structure, appointing Shehnaz Gill as franchise head ahead of implementation of GST that will convert the country into a 'single' national market

SBI partners Coca-Cola, HCCBPL to promote digital payment

State Bank of India, Coca-Cola India and Hindustan Coca-Cola Beverages have signed an agreement to enable over 2.6 million retailers and 5,000 distributors in conducting business transactions digitally.

Coca Cola drops Salman Khan as brand ambassador for Thums Up

Beverages major Coca Cola India has dropped Bollywood superstar Salman Khan as brand ambassador for Thums Up after four years of association and the company is in talks with young star Ranveer Singh to replace him.

Coca-Cola suspends operations at Dasna bottling plant

Confirming receipt of notice from Uttar Pradesh State Pollution Control Board (UPPCB), the company said it has submitted a detailed response to issues raised over the plant.

Govt, corporates need to work together for inclusive growth:NRN

"It is difficult to imagine India becoming a strong economy without becoming an inclusive economy - an economy which is inclusive in gender, ability, ethnicity and all other social parameters. People with disabilities have to be integrated with the mainstream," Murthy said at a 'Limca Book of Records' event.

Coca-Cola India to make 'Maaza' $1 bn brand by 2023

The bottlers are setting up five greenfield projects over the next two years, in addition to 57 bottling plants that already exist, at least 50 percent of which will have manufacturing lines for Maaza over the next few years, the company said.

Coca Cola suspends manufacturing at 3 plants in India

The company has suspended manufacturing at Kaladera near Jaipur (Rajasthan), Vishakhapatnam (Andhra Pradesh) and Brynihat (Meghalaya)

Coca Cola suspends manufacturing at 3 plants in India

"The decision to close down a plant is a business decision taken on the basis of its long-term economic viability and market demands of the products being manufactured at that particular plant," a source told PTI.

China's Wanda Group likely to invest $1 bn in Haryana

Principal Secretary to the Chief Minister, Rajesh Khullar, told PTI that the "MoU with Wanda might be worth a billion dollars". He said the Haryana Chief Minister will visit China in January, and the MoU with the Wanda Group chaired by Wang Jianlin may be signed during the visit.

Coca-Cola India unfolds elaborate rural strategy

Coca-Cola India unfolds elaborate rural strategy

Coca-Cola again ropes in Salman Khan to endorse 'Thums Up'

Beverage maker Coca-Cola India announced roping in Bollywood star Salman Khan for endorsing its Thums Up brand.

Budget Expectations: 'Govt's will to pass strong reforms affected by elections'

Chief financial officer of Coca-Cola India Sunil Gupta believes that the government's ability to pass strong reform this Budget has been affected by the poor show in the assembly elections.