Page 3 - Beverages

What the WHO listing of aspartame means for the 'diet' soft drink habit

Aspartame is an artificial sweetener that is 200 times sweeter than sugar, but without any kilojoules

Even with smaller incentives by Centre, daily orders on ONDC touch 30,000

ONDC's majority of retail orders come from the food and beverage category, with a small amount coming from the grocery category

Tata Starbucks adds bite-sized food, small portions beverages to its menu

Beverages to start at Rs 185 and food at Rs 160

Muttiah Muralitharan's Ceylon Beverages to fill Campa cans for Reliance

The co-packing partnership has already been signed, and the two companies are close to signing the deal to set up manufacturing units in India for Campa soft drinks

Reliance Consumer, udaan partners for distribution of Campa beverages

B2B e-commerce company udaan on Thursday said it has entered into a partnership with Reliance Consumer Products for pan-India distribution of beverage brand Campa's range of products. RCPL's (Reliance Consumer Products Ltd) range of Campa beverages will be initially available in over 50,000 retailers and kirana stores, which will gradually expand to over 1 lakh retailers and kirana stores in the next two months, udaan said. "We believe that the large retailer base combined with a cost-effective distribution network places udaan in a unique position to serve the needs of RCPL for deeper market penetration for the 'Campa' range across Bharat," udaan's Head for FMCG Business Vinay Shrivastava said. Under this partnership, RCPL has made available three new Campa flavours -- Cola, Orange, and Clear Lime -- under various consumption ranges and price points. "To create awareness about the availability of the Campa range on the platform, udaan will work on various retailer promotions to dr

FMCG demand goes up in February, as stores stock up for summer

Demand in South India, however, still remained slightly weak as summer stocks are yet to be replenished

Tata Consumer says still in talks with Bisleri Int'l for majority stake

If this deal, estimated at Rs 6,000-7,000 cr goes through, it would become the largest in the Indian FMVG, surpassing HUL's April 2020 acquisition of Horlicks from GSK for Rs 3,045 cr

Thums Up, Maaza to go global as Coca Cola bets on 'Indian' flavours

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

Cheers to coffee: How to pick up the best brew for your home pleasure

Instant, special, or traditional blends: Indians' choice for their daily cup keeps increasing

Sula Vineyards soars 10% on heavy volumes post Q3 sales update

The company said it recorded highest-ever quarterly gross billings overall, both for its own brands as well as wine tourism revenues in Q3FY23.

Sula Vineyards makes tepid debut; lists at 1% premium to issue price

Post listing; the stock price of Sula Vineyards slipped to Rs 345.85, a 3 per cent discount to its issue price of Rs 357 per share on the BSE.

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

Expansion, product mix to fizz up Varun Beverages' volumes and margins

Energy drink Sting help drive realisations of Pepsi bottler in Q3CY22

After Thums Up and Sprite, Maaza is Coca Cola India's next $1 billion bet

Earlier in 2022, Thums Up became the first Indian brand from the company's Indian portfolio to touch $1 billion in sales

Reliance & Tata entry in beverages segment positive: Coca-Cola India prez

Entry of big companies such as Reliance Retail and Tata Consumer Products in the beverages segment is positive and will only help the category to expand, Coca-Cola President (India and Southwest Asia) Sanket Ray said on Tuesday. The entry of the two home-grown majors is a "great opportunity" albeit with enhanced competition and Coca-Cola India would invest to develop the market further and bring innovations to evolve the category and ultimately benefit the consumers, he said here in an interaction. Ray, however, said the entry of Reliance Retail and Tata Consumer Products can result in "some disruptions at the local level" leading to consolidation, but pricing will not be a game changer. "This category penetration is one of the lowest in FMCG. Coke and Pepsi do not have enough budget to get into that," he said when asked how the market dynamics would be with the entry of new players. Reliance Retail had acquired the home-grown brand Campa Cola signalling its intention to enter the

Coca-Cola India FY22 profit up 3.8% to Rs 460.35 crore; revenue rises 36%

Beverages major Coca-Cola India's profit rose 3.82 per cent to Rs 460.35 crore in FY22 and revenue from operations increased 35.85 per cent to Rs 3,121.29 crore, according to financial data accessed by business intelligence platform Tofler. The cola major had logged a profit of Rs 443.38 crore for the financial year that ended on March 31, 2021, while its revenue from operations in that year stood at Rs 2,297.51 crore. Coca-Cola India's total income in FY22 was at Rs 3,192.17 crore, up 35.54 per cent. It was at Rs 2,355.10 crore in the year-ago period. Its other income also went up 23.07 per cent to Rs 70.88 crore in the financial year ended on March 31, 2022. Total expenses of Coca-Cola India were up 46.35 per cent at Rs 2,548.01 crore in FY22 as against Rs 1,740.92 crore in FY21. The company, which operates with power brands in Indian markets, including Coca Cola, Thums Up, Limca, Sprite, Maaza and Minute Maid, is part of Atlanta-based US beverages major The Coca-Cola Company.

AB InBev raises 2022 outlook as its beer sales accelerate 3.7% in July-Sept

AB InBev, the maker of Budweiser, Corona and Stella Artois, sold 3.7% more beer and other drinks during July-September, a growth rate faster than that seen in the first or second quarters

'Strong consumer demand': AB InBev raises 2022 outlook as beer sales rise

"We continue to see strong consumer demand for our portfolio and a resilient beer category as we navigate the dynamic operating environment," Chief Executive Michel Doukeris said in a statement

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%

Coca-Cola India, bottling partners investing $1 bn to expand capacity

Coca-Cola India and its bottling partners are investing around USD 1 billion (around Rs 7,990 crore) to expand the production capacity by up to 40 per cent, an official of the beverage major said