Coca-cola Co

Coca-Cola weighs $1 bn IPO for Indian bottling unit, valued at $10 bn

The deal would bring one of the world's best-known brands to India's hot IPO market, which is on track for a record month and possibly have its best year ever in 2025

Hemant Rupani named CEO of Hindustan Coca-Cola Beverages effective Sept 8

Rupani will succeed Juan Pablo Rodriguez as CEO of HCCB and bring with him extensive FMCG experience from Mondelez, PepsiCo, Vodafone and Britannia

McDonald's, Coca-Cola still see risks, stay cautious on operating in Russia

Coca-Cola said in its letter that "sanction regimes and other legal hurdles remain in place, impacting any considerations about returning to the Russian market"

Bihar doubles down on major investments as industrial growth surges

Bihar, once seen as less industry-friendly, has seen a surge in big ticket investments from the likes of Adani Group to Coca-Cola as it packages its vast resources with progressive policy to lure investors. Its industries and tourism minister Nitish Mishra, with his CEO-style approach to governance, is pivoting Bihar into a state that could be a gateway for investors to eastern India. Mishra says the perception bias regarding Bihar's industrial capabilities is slowly being overcome. In recent months, Adani Group has announced investment of Rs 8,700 crore in the state, Ambuja Cements is setting up a Rs 1,200-crore unit, and Coca-Cola is expanding its bottling capacity. Bihar Business Connect-2023 -- the state's investor meet -- last year saw memoranda of understanding (MoUs) worth over Rs 50,000 crore being signed with 300 companies. And the second edition this week is expected to rake in more. Bihar's industrial potential is limitless, he says. "Bihar has been a victim of perceptio

Coca-Cola India's bottling arm refranchises operations in 3 regions

Move will bring scale and contiguity to business, says bottling arm of Coca-Cola

Coca-Cola saw strong growth in unit case volumes in India in Oct-Dec

In the Asia Pacific, its unit case volumes declined 1 per cent in the quarter because it saw strong growth in India and Vietnam, the company said

Warren Buffett to auction off one last private lunch for charity

Buffett, Berkshire Hathaway's CEO, held the lunch auction once a year for 20 years before the pandemic began to raise money for the Glide Foundation, which helps the homeless in San Francisco

Venues begin to re-open, pushing Coca-Cola's sales up 10% in Quarter 4

The Atlanta beverage giant said the fourth quarter was the first time since the pandemic that away-from-home sales volumes exceeded 2019 levels

Coca-Cola to lay off 2,200 workers worldwide as Covid-19 hit business

The Coca-Cola Company has said that it was laying off 2,200 workers, or 17 per cent of its global workforce, as part of a larger restructuring aimed at paring down its business units and brands.

Coca-Cola to cut thousands of jobs, reduce biz units as Covid-19 hits sales

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

Mark Zuckerberg loses $7 billion as companies boycott Facebook ads

The share-price drop eliminated $56 billion from Facebook's market value and pushed Zuckerberg's net worth down to $82.3 billion, according to the Bloomberg Billionaires Index

Under Venkatesh Kini, Coke saw an era of change

Company went ahead with portfolio expansion, smaller packaging

South Dakota: Man sues Coca-Cola after finding mouse in can

Putzier is seeking $2,026, plus general damages proven at trial, with interest

Coca-Cola's profit plunges 20% on bottling refranchising costs

Net income attributable to the company's shareholders fell to $1.18 billion

Coca-Cola sued for downplaying health risks of sugary drinks

Coca-Cola spokesman Kent Landers called the lawsuit legally and factually meritless