Jubilant Bhartia

Jubilant Bhartia Group Chairman Shyam S Bhartia has denied allegations of sexual assault, saying he will cooperate with the investigating agency, a regulatory filing said on Tuesday. Terming the allegations in the FIR as "baseless, false and disparaging", Jubilant FoodWorks Ltd (JFL) filing, quoting Bhartia, said it was made with a "clear malafide intent against him". According to a section of the media, rape and money fraud allegations were levelled by a Bollywood actress, whose name has not been revealed, against Bhartia and his one associate. "... the Company has received a statement from Mr Shyam S Bhartia, Chairman, Jubilant Bhartia Group, in his personal capacity, where he denies all the allegations as they are baseless, false and disparaging, and made with clear malafide intent against him," said JFL, which operates fast-food chains - Domino's Pizza and Dunkin' Donuts. It further said the order of the Bombay High Court specifically states that the police shall investigate th

The Bhartias and the Jaipurias are already competing in the quick-service restaurant (QSR) space as both have known global brands in their portfolios

The Bhartia family and Goldman Sachs aim to co-invest in a 40 per cent stake in Hindustan Coca-Cola Beverages, backing an SPV with around Rs 3,000-Rs 3,500 crore in funding

The Bhartia brothers are seeking to raise Rs 12,500 crore for a 40 per cent stake in Hindustan Coca-Cola Beverages, while talks are underway with asset managers and banks to secure the funding

Jubilant Life Sciences, the bigger of the two businesses, posted its best quarterly profit of Rs 2.13 billion in the December quarter, up 78 per cent year-on-year