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