Coke

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

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

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.

The whole field of cookie-based marketing and "retargeting" is aimed at persuading you, wherever you may be

By acquiring a string of local consumer brands, the conglomerate is looking to build volumes and scale in its private label retail business

Imports during the month grew by 56.14% to $60.62 billion

Fruit drink brand Maaza had reported total sales of Rs 2,826 crore in FY21 in the domestic market, which is higher than the sales of Coke in India, according to a top company official. Limca, a lemon- and lime-flavoured carbonated soft drink brand, had recorded total sales of Rs 2,061 crore in FY21. Both brands (Maaza and Limca) were acquired by The Coca-Cola Company along with Thums Up from Ramesh Chauhan of Parle Bisleri in 1993, when the Atlanta-headquartered company had re-entered the Indian market. Thums Up has now become a billion-dollar brand (Rs 7,500 crore) under Coca-Cola's stable. Last week, during a post-earnings call, The Coca-Cola Company Chairman and CEO James Quincey had said, "Our local Thums Up brand became a USD 1-billion brands in India, driven by focussed marketing and execution plans." On being asked about Maaza and Limca performance, Coca-Cola President (India and Southwest Asia) Sanket Ray told PTI: "Both the brands are doing well." In India, currently, Ma

Coca-Cola India is expanding its network in rural areas, which nearly contribute 38 per cent to the overall business

Larsen & Toubro (L&T) on Thursday said its heavy engineering arm has dispatched six of the world's largest coke drums to Mexico. These coke drums were successfully manufactured during the COVID-19 pandemic at L&T's state-of-the-art Heavy Engineering Complex located at Hazira near Surat, the company said in a statement. "The heavy engineering arm of Larsen & Toubro, dispatched six of the world's largest coke drums weighing 658 tons each for a refinery project in Mexico ordered by PTI Infraestructura de Desarrollo, (PTI-ID), a subsidiary of the Mexico's state-owned oil company PEMEX (Petrleos Mexicanos)," the statement said. These coke drums are part of a delayed coking unit in the PEMEX Dos Bocas Refinery Project, which will convert the residue from the combined distillation plant into higher-value products. "We thank PTI-ID for reposing faith in L&T for supplying world's largest Coke Drums for such prestigious project. It's heartening to have lived up to the ...

"This is a move aimed at closing in on the category leader ThumsUp," a Pepsi official told the 'Economic Times'.

The cumulative impact of the Covid-19 induced crises in India and South Africa led to a 10 per cent drop in its bottling business

It plans to first offer buyouts to 4,000 employees in the United States, Canada and Puerto Rico and then offer a similar voluntary programme in other countries

Over the years, PepsiCo's operating revenue has come down significantly, as it kept divesting bottling plants to its franchise partners

Better sales of non-carbonated beverages played a key role in Coke's superior performance in India during the quarter

The beverages major looks to counter growing competition from local brands with a refreshed RimZim

This is in response to PM Narendra Modi asking cola companies to add juices to carbonated drinks

The southern market has eight big local brands that compete with Coke and Pepsi

The cola major hopes to break into new categories, but faces a stiff fight from dairy and non-cola brands such as Amul, Dabur and Paper Boat