Page 2 - Soft Drinks

Rasna founder Areez Khambatta passes away at 85 due to cardiac arrest

He created affordable soft drink packs of Rasna in the 1970s as an alternative to soft drink products sold at high costs

Sprite now a $1 billion brand in India: Coca-Cola CEO James Quincey

Quincey told investors, "India had a knock-out quarter clearly they are having a very strong run this year. He also said that the company is looking to continue to invest strongly in the country.

Coca-Cola beats profit estimates in Q3, raises full-year guidance

The company said it now sees organic revenue growth of 14% to 15% for the full year. In July, Coca-Cola increased its full-year outlook from 12% to 13%

Remember Campa Cola? It is set to return as Reliance Retail acquires brand

Reliance acquired Campa from Delhi-based Pure Drinks Group for around Rs 22 crore. It is expected to relaunch the drink in its iconic cola, lemon, and orange flavour in October

'Best-ever quarter volumetrically': Coca-Cola on growth in India in Q2

In the second quarter, Coca-Cola Company's sparkling soft drinks grew 8 per cent, which was "primarily led by India, Mexico and Brazil", said the Atlanta-headquartered firm

Coca-Cola logs 6% unit case volume growth on better sales in India, others

India is one of the leading markets for Coca-Cola

Coca-Cola raises revenue forecast as demand rebounds on reopening boost

Coca-Cola Co raised its full-year sales and profit forecasts on Wednesday, as demand bounces back from pandemic lows for its beverages following the re-opening of theaters, restaurants and stadiums.

Infosys in strategic tie-up with Europe's top soft-drink maker Britvic

IT major will deliver European client's transformation roadmap and operations across applications, cloud infra, service management and end-user computing

Beverage firms betting big on launches to add fizz to summer sales

The out-of-home market typically contributes two-third of the sales of beverage companies, said experts

ABT enters wellness segment with flavoured drink under 'Mirakle' brand

Mirakle is more effective than oral vitamin C capsules and the absorption rate of nutrients in the drink is 98 per cent

Improved earnings visibility, debt pruning boost shares of Varun Beverages

Volume recovery, expansion in new geographies and debt reduction are key positives

Beverage industry urges govt to reduce GST on soft drinks, packaged water

The beverage industry has urged the government to remove aerated drinks fromthe sin tax category and reduce rate on juice-based drinks under the GST regime. Reduction of taxes on juices would give a boost to local horticulture sector and improve the lives of farmers, from which the industry sources fruits, Indian Beverage Association (IBA) said in a statement. IBA in a letter to Finance Minister Nirmala Sitharaman, who also heads the GST Council, has suggested placing the packaged drinking water in a lower slab of 12 per cent from the existing 18 per cent. The aerated beverages are currently placed under the highest GST slab of 28 per cent with a compensation cess of 12 per cent. "This high GST levy of 40 per cent on aerated beverages is against the stated policy of the government to maintain parity between pre-GST and GST regimes," IBA said, adding that aerated beverage is the only product in the entire food category subjected to compensation cess. It has also urged to revise "th

SC slaps Rs 5 lakh fine on petitioner seeking ban on Coca Cola, Thums Up

The apex court said the petitioner's counsel failed to disclose 'why two specific brands in particular are chosen to be the target of the proceedings and what the source of his assertions'

Pay more for the fizz: Cola majors set to hike prices after 6-year gap

Coca-Cola and PepsiCo are likely to raise prices by 6-14 per cent ahead of the summer season

Trends in the new year

Just about a month old and 2020 is turning out to be an interesting, even momentous, year for businesses in India

Diet soft drinks tied to lower odds of colon cancer recurrence: Study

'About 30 percent of colon cancer patients who undergo surgery will have a recurrence'

Budget 2017: Government mulls tax on junk food and sugary drinks

In July 2014, government increased tax on sugar-sweetened beverages 5%, hoping to curb consumption

No tests were done on soft drinks: NTH

Contrary to health ministry statement, it appears entity named as having tested soft drink brands for toxins, and found indications, had not done so

Lead, heavy metals have been found in soft drinks: Govt

Apart from lead, other heavy metals like Cadmium and Chromium were also found in the samples (due to leaching of toxins from the bottles in which they were packaged)