Page 3 - Coca-cola

Music in a bottle: How Coke Studio Bharat is adding fizz to Coca-Cola

In its second avatar, the property is relying on creativity, technology and data analytics to move the needle

FMCG companies announce sustainable milestones, targets on Environment Day

Leading consumer goods companies -- including ITC, Dabur, Coca-Cola, and DS Group -- on Monday announced new sustainable milestones and targets on World Environment Day. The companies are setting targets like being carbon neutral, scaling up investments in sustainable packaging, reducing the usage of plastic in packaging and harnessing green energy. Homegrown FMCG and ayurvedic products maker Dabur India announced to be a plastic waste positive by collecting, processing and recycling more plastic waste than it sold in its product packaging in FY23. ITC scaled up its sustainable packaging offerings for plastic substitution and announced several measures to reduce the utilisation of plastic across products and businesses -- ranging from its packaging and food to the hotel business. Beverage major Coca-Cola India on Monday announced to launch of new bottles made from completely recycled PET plastic material (rPET) in Andhra Pradesh. "This is the first time in India that any bottle ma

As HCCB plans to sell its bottling business, senior officials bid adieu

The list of officials who resigned includes Neil Comerford who was executive director (ED) of the sales and commercial department, ED, HR Indrajeet Sengupta, among others

Coca Cola, Zepto expand partnership to 'return and recycle' PET bottles

Companies' expand initiative after 60-day pilot in Mumbai gets 'overwhelming customer response'

Sudan conflict threatens supply of key ingredient for Coca-Cola, Pepsi

The capital Khartoum has been brought to a standstill in the fighting that broke out on April 15, paralysing the economy and disrupting basic communications

Coca-Cola sees strong growth in India, chief lauds resilient economy

Coca-Cola also pointed out that the refillables infrastructure takes time to build and said that it has some activity in Africa and India and pointed out that it doesn't change overnight

Coca-Cola beats revenue estimates on steady demand despite price hikes

Average selling prices rose 11% in the first quarter, the company said, while unit case volumes rose 3%

Coca-Cola Company offers to return 35 acres of land to Kerala govt

Multinational beverage firm Coca Cola Company has offered to return 35 acres of land that it possesses at Plachimada in Palakkad district to the Kerala government. Juan Pablo Rodriguez Trovato, Chief Executive Officer of the Hindustan Coca Cola Beverages Private Limited, sent a letter to Chief Minister Pinarayi Vijayan informing him the company's decision to hand over the property and the building there to the state, a CMO statement has said. The ruling Left front has already begun negotiations to release the land for a proposed farmer producer organisation (FPO) to be launched soon under the leadership of farmers. The beverage manufacturer was finally ready to transfer the land at the outset of the negotiations held under Power Minister K Krishnankutty, it said. The company also offered to provide technical assistance for the construction of a demo farm for the farmers there, the CMO added in a late evening release on Thursday. Coca-Cola closed down its unit at Plachimada in Marc

Coca-Cola India acquires a minority 15% stake in Hashtag Loyalty

Beverage major Coca-Cola India Ltd has acquired a minority 15 per cent stake in Hashtag Loyalty, which owns the food ordering platform Thrive. This move will help Coca-Cola to get benefitted from Thrive, which has a partnership with over 12,000 restaurants across India. Hashtag Loyalty is an associate of the country's leading QSR chain operator Jubilant FoodWorks Ltd (JFL), which has the master franchise rights of leading brands such as Domino's Pizza, Dunkin' and Popeyes. "Hashtag Loyalty, an associate of JFL, has entered into a securities subscription agreement dated April 17, 2023, with Coca-Cola India (New Investor) pursuant to which the new investor has acquired 15 per cent stake in Hashtag," JFL said in a regulatory update. Hashtag has raised the capital at a pre-money valuation of Rs 104.68 crore, it added. After this said transaction, JFL's stake in Hashtag has reduced from 35 per cent to 29.75 per cent. In October 2021, JFL had announced the acquisition of a stake in Has

Coca-Cola to buy minority stake in food delivery platform Thrive: Report

The partnership with Thrive is expected to drive consumer demand for Coca-Cola's beverages

Bullish on Indian market, continuing to invest via partners: Coca-Cola

Global beverages major The Coca-Cola Company is bullish on the Indian market and is continuing to invest in the country through its partners, the company's President and Chief Financial Officer John Murphy said on Monday. India's rapid progress in infrastructure, electrification and digitisation offer a long runway ahead for the economy to grow and it fosters confidence, he said at a media round table here. A lot of development has taken place in urban and rural India, which has created an emerging middle class, ensuring growth for many years to come, he said. "When you have an economy growing, our industry typically benefits from economic growth," he said. "For us, there are tremendous ingredients to the growth equation that we are developing. And to manage growth, you have to invest. We are fortunate to have partners in India who believe in the opportunity they have and are investing in infrastructure and people," he noted. A lot of investment is underway through franchise bottl

Ambani adopts familiar playbook in India cola battle vs Coke, Pepsi

A person with direct knowledge of Reliance's plan said it aims to open some factories of its own or as joint ventures to make Campa, and take the soda to hotels, restaurants and in-flight sales

Top headlines: Reliance begins price war, ONDC forays into mobility segment

Business Standrd brings you the latest headlines at this hour

Cola war looms as Campa returns; distributors fear for their margins

In an announcement last week, Reliance Consumer Products launched Campa with three flavors: cola, lemon, and orange. The drinks have been launched in Andhra Pradesh and Telangana

Campa Cola challenge: Coke blinks first, cuts 200 ml bottle prices by Rs 5

This move comes at a time when demand for cold beverages increases as temperatures start to soar

Your low calorie drinks, food items may induce heart attack, stroke risk

Trying to switch to drinks and food that are low on calories and carbohydrate to avoid sugar? These are often loaded with an artificial sweetener called erythritol and can raise your risk

Will a new, improved Coke Studio succeed?

Unlike Coke Studio Pakistan, the Indian format has struggled to make an impact. Its challenge will be to drum up some good music

Coca-Cola says Q4 demand strong despite higher prices, revenue up by 7%

Coca-Cola raised prices to offset inflation and on Tuesday, it said that it didn't dent demand for its drinks during the fourth quarter. Revenue rose 7 per cent to USD 10.1 billion, slightly ahead of Wall Street forecasts, according to analysts polled by FactSet. Pricing and the mix of beverages contributed 12 per cent to revenue growth, while concentrate sales rose 2 per cent, Coke said. Coke has raised prices throughout the year __ or shifted some drinks into smaller value packs to account for higher ingredient and freight costs. The company had locked in prices for some commodities in 2022, but is expecting its costs to rise this year. The Atlanta company said its net income fell 16 per cent to USD 2 billion for the October-December period, partly because the strong US dollar impacted overseas profits. Adjusted for currency and other one-time factors, Coca-Cola earned 45 cents per share, line with analysts forecasts.

Realme 10 Pro 5G Coca-Cola Edition goes on sale at 12 pm: Price and specs

Priced at Rs 20,999, the smartphone will be available on Realme India website, Flipkart and select offline stores

Realme 10 Pro 5G Coca-Cola Edition phone launched in India: Details here

Priced at Rs 20,999, the Realme 10 Pro 5G Coca-Cola Edition smartphone will be available for purchase on Realme India website, Flipkart and select offline stores from February 14