Bhartias to buy 40% in Coke's India bottler
Financial Express Chandigarh|December 12, 2024
MORE IMPORTANTLY, THE stake sale is likely to pave the way for an initial public offering of HCCB in about two years, sources added.

The presence of a large corporate group is likely to boost investor interest ahead of the IPO, sources added.

"With its diverse experience in various sectors, Jubilant brings decades of rich experience that will help accelerate the Coca-Cola system, enabling us to win in the market and provide greater value to consumers," Sanket Ray, president, Coca-Cola India, said.

Shyam S Bhartia, founder and chairman, and Hari S Bhartia, founder and co-chairman of the Jubilant Bhartia Group, said the investment was an "ideal addition" to their business.

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Denne historien er fra December 12, 2024-utgaven av Financial Express Chandigarh.

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Financial Express Chandigarh

Rural, q-comm boom may push FY26 retail hiring...

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Icra pegs CV sector growth at 3-5%

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Apple begins hiring for new India stores

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Financial Express Chandigarh

Sun to buy Checkpoint for $355 mn

THE DEAL WILL be made through an upfront cash payment of $4.10 per common share, a premium of about 66% to Checkpoint's last close on Friday, Sun Pharma said in an exchange filing.

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March 11, 2025
Financial Express Chandigarh

Stop asking for tax cuts, Gadkari tells India Inc

UNION MINISTER NITIN GADKARI on Monday asked the industry not to perpetually demand a reduction in taxes as the government needs funds to implement welfare schemes for the poor.

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March 11, 2025
Financial Express Chandigarh

Govt portal to give real-time data on job creation soon

THE GOVERNMENT IS likely to publish integrated real-time employment data on the 'Prayas' portal soon.

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March 11, 2025
Financial Express Chandigarh

Demat account additions in Feb at 21-month low

THE ADDITION OF demat accounts in February fell to a 21-month low at 2.26 million, even though their total number surpassed the 190-million mark, according to data from CDSL and NSDL.

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March 11, 2025
Financial Express Chandigarh

Top realtors corner LRD loans at cheaper rates

WITH THEIR CREDIT profiles rising despite largely stagnant interest rates, top commercial property developers have been able to borrow against rent receivables at a rate lower by 75-to-100 basis points in the past year.

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2 mins  |
March 11, 2025
Financial Express Chandigarh

Parliamentary panel on railways calls for PPP push

TO REDUCE ITS dependence on gross budgetary support (GBS) from the central government, the Parliamentary Standing Committee on Railways has urged the ministry of railways to intensify its focus on public-private partnership (PPP) projects.

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March 11, 2025
Financial Express Chandigarh

India Adds 25.2 GW Solar Power in 2024

India added 25.2 gigawatts (GW) of solar power capacity in the calendar year 2024, significantly higher than the 8.3 GW installed in 2023, a recent report by Mercom on the solar market showed.

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March 11, 2025