Page 2 - Coca Cola

Beverage makers cite mass consumption, want 18% GST slab, no sin tax

The non-alcoholic beverages sector has urged the government to reduce GST on aerated drinks to 18 per cent, which will make these products more affordable, drive investments and generate 1.2 lakh jobs annually by 2030. Currently, aerated drinks attract 28 per cent GST and a sin tax of 12 per cent. The government is proposing to rejig GST to a two-slab structure-- 5 per cent and 18 per cent. In addition, there will be a special rate of 40 per cent to be levied on select few items like ultra-luxury cars and sin goods. Currently, GST is a 4-tier structure of 5, 12, 18 and 28 per cent. The Indian Beverage Association (IBA) said the rationalisation of GST for the sector will make products more affordable, increase investments in the sector and also generate 1.2 lakh new jobs annually by 2030. The IBA, while appreciating the government for the next-generation GST reforms, said reclassification, GST rationalisation and placing the category in a standard GST rate will unlock the sector's t

Coca-Cola considers sale of Costa Coffee in strategic business review

The company has held initial talks with a small number of potential bidders for Costa, including private equity firms, Sky News first reported, citing unidentified sources

Jeera drink space hots up as Coca Cola strengthens play with RimZim

Relaunched in 2018, Coca Cola had acquired the cumin-flavoured Rimzim from Parle in the 1990s, but is only pressing the pedal on it now. The company did not respond to email queries

Gaza boycotts batter American fast-food chains in Malaysia, Indonesia

Starbucks, KFC, Pizza Hut, and McDonald's suffer sales slumps as Gaza war boycotts continue across Asia, boosting local and Palestinian brands

Coca-Cola, Bhartiya family likely to consider listing HCCB in India

Coca-Cola and the Bhartiya family may look to list Hindustan Coca-Cola Beverages (HCCB) in India, with the Bhartiya family set to become the controlling shareholder

Geopolitical conflict, early monsoon impact Coca-Cola's India Q2 play

Coca-Cola reports a decline in India's Q2 volumes due to early monsoons and geopolitical disturbances, but remains optimistic about recovery through targeted marketing campaigns

Coca-Cola Q2 results: Revenue up 2.5% at $12.62 bn on steady soda demand

The company's shares were up about 1% in premarket trading

Cane sugar vs corn syrup: Why Coca-Cola formulas differ across borders

Donald Trump's push for real cane sugar in US Coca-Cola highlights long-standing economic, health and political divides over HFCS vs cane sugar, from Midwest corn to Florida cane

Trump says Coca-Cola agreed to use real cane sugar after his suggestion

Notably, Donald Trump's affinity for Coke is a longstanding one

Jubilant gets $600 mn boost from Goldman for Coca-Cola India stake buy

Convertible preference shares is one of the many ways companies can raise capital to fund their operations and expansion

Jubilant Bhartia eyes ₹5,650 cr NCDs to fund 40% stake in Coca-Cola deal

Jubilant Beverages Ltd plans to issue ₹2,650 crore in unsecured, listed NCDs, with ₹795 crore from anchor investors and ₹1,855 crore from the broader market tranche

Competition helps us stay in top form: Coca-Cola COO & EVP Henrique Braun

India is Coca-Cola's fifth-largest market by volume, with resilient demand, quick commerce expansion and digitisation helping drive growth, says Henrique Braun

India continues to see resilient demand: Coca-Cola COO Henrique Braun

India is Coca-Cola's fifth-largest market by volume, with resilient demand, quick commerce expansion and digitisation helping drive growth, says Henrique Braun

Limca becomes Rs 2,800-crore brand in 2024, says Coca-Cola India

Limca, a lime and lemon-flavoured drink, has crossed the Rs 2,800-crore revenue mark in 2024, helped by its expansion in rural and urban areas. The five-decades-old brand is witnessing strong double-digit growth in key states such as Delhi, Punjab and Haryana, gaining share across both traditional trade and emerging retail formats, according to a statement released by Coca-Cola India. Since its inception in 1971, Limca has been a driving force in strengthening the company's sparkling portfolio, with demand soaring across both urban and rural markets, it added. Currently, Coca-Cola has three billion-dollar brands -- Thums Up, Sprite and Maaza in its India portfolio. Thums Up is now very close to becoming a USD 2 billion brand. Maaza, Thums Up and Limca were acquired by The Coca-Cola Company in 1993, when the Atlanta-headquartered company had re-entered the Indian market, from Ramesh Chauhan of Parle Bisleri. Coca-Cola had then bought the entire portfolio of aerated drinks from the

Warren Buffett's 94-yr routine: McDonald's, Coca-Cola, a life of no regrets

As he steps down as Berkshire Hathaway CEO, here's a look at Warren Buffett's daily routine that includes junk food, and personal joy over perfection

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"

Maha Kumbh boosts Coca-Cola's India sales, drives Q1 volume growth

The Maha Kumbh Mela, considered the world's largest in-person gathering, saw an estimated 660 million attendees in 2025

Coca-Cola reports double-digit volume growth in India, helped by Thums Up

Coca-Cola reported better-than-expected earnings in the first quarter and said the impact of tariffs on its business are likely to be manageable. Revenue fell 2 per cent to USD 11.1 billion in the January-March period, the company said on Tuesday. That was in line with Wall Street's expectations, according to analysts polled by FactSet. Net income rose 5 per cent to USD 3.3 billion for the quarter. Adjusted for one-time items, the Atlanta company earned 73 cents per share. That beat expectations of 72 cents. Shares rose 1.5 peer cent before the opening bell Tuesday.

Coca-Cola reports double-digit volume growth in India, helped by Thums Up

Coca-Cola reported better-than-expected earnings in the first quarter and said the impact of tariffs on its business are likely to be manageable. Revenue fell 2 per cent to USD 11.1 billion in the January-March period, the company said on Tuesday. That was in line with Wall Street's expectations, according to analysts polled by FactSet. Net income rose 5 per cent to USD 3.3 billion for the quarter. Adjusted for one-time items, the Atlanta company earned 73 cents per share. That beat expectations of 72 cents. Shares rose 1.5 peer cent before the opening bell Tuesday.

Kinley Soda becomes ₹1,500 cr brand in India, tops sparkling water category

Beverage major Coca-Cola India on Friday said its Kinley Soda brand has crossed Rs 1,500 crore in revenue in the Indian market, emerging as a leader in the category. The success of Kinley Soda underscores Coca-Cola India's commitment to the market with innovation, backed by data-led decisions, supply chain strength, and a sharp focus on what consumers seek in the refreshment segment, the company said in a statement. This milestone had been achieved through over two decades of consumer trust, a demand-led portfolio, and the company's strategy of making beverages accessible to consumers, it added. "From nimbu sodas at street-side thelas to premium hospitality mixers, the brand has built a reputation as a dependable, high-quality soda. Its crisp taste and signature carbonation have made it a staple across occasions, outlets, and generations," said Coca-Cola India. Kinley Soda, is available in more than 1.4 million retail outlets in India, across channels from neighbourhood kirana sto