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

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

Business Standrd brings you the latest headlines at this hour

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

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

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

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 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.

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

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

The Realme 10 Pro 5G Coca-Cola Edition smartphone launch event will kick off at 12:30 pm and it will livestream on Realme's YouTube channel

Business Standard brings you the top headlines at this hour

Coca Cola is also being very 'open-minded' about two other India-created flavours, Maaza Aam Panna and Fanta Apple Delite

Designed by Realme in partnership with beverage maker Coca-Cola, the special edition smartphone will come with 'Coca-Cola' branding on the frame, according to the teaser released by the company

There are already leaked stories around the possibility of launching a new phone as part of the collaboration

HCCB will sell Coca Cola's 16 factory units and it might take 12 months to conclude the deal

The US antitrust law prevents large franchises and chains from engaging in price discrimination against small businesses

The Plachimada Struggle Solidarity Committee, which saw to the closure of the Coca-Cola factory in Palakkad in 2004, is getting ready for another battle with the multi-American beverages giant

Beverage major Coca-Cola India on Thursday said it is partnering with Adani Group subsidiary -- Adani Digital Labs -- to optimise the reach of its brands to consumers across the country. As part of this, Coca-Cola India is working with Adani Digital Labs to use the consumer-centric platform for product sampling and develop deep consumer insights, a joint statement said. Coca-Cola is among the first brands to make its products available on this platform, it added. Under this, select new products under Coca-Cola India's portfolio, namely 'Fanta Apple Delite' and 'Charged by Thums Up' will be made available for sampling at some of India's top airports. Adani Digital Labs is the digital arm of Adani Group, which allows brands to interact with large numbers of travellers and target customers with high spending and purchasing power. The platform is currently live at the seven key airports located in Mumbai, Ahmedabad, Jaipur, Lucknow, Guwahati, Mangalore, and Thiruvananthapuram & Adani

The Indian edtech major is gearing up to compete with global majors in the space