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.
Denne historien er fra December 12, 2024-utgaven av Financial Express Chennai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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Denne historien er fra December 12, 2024-utgaven av Financial Express Chennai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Gold's Relevance Set to Rise: CEA
GOLD WILL REMAIN relevant for investors as a portfolio diversification mechanism with a \"likely ascending importance\" as an asset class in the coming years, chief economic adviser (CEA) V Anantha Nageswaran said on Monday.
Bihar govt presents ₹3.17-lakh-cr budget
WITH BIHAR ELECTIONS scheduled later this year, the Nitish Kumar government on Monday presented a comprehensive budget of ₹3.17 lakh-crore, unveiling key initiatives focused on women's empowerment, farmer support, infrastructure development and prioritising student welfare.
HC Halts Action Against Buch, to Hear Case Today
The Bombay High Court on Monday asked the Maharashtra anti-corruption bureau (ACB) not to act until Tuesday on a lower court order directing it to lodge an FIR against former Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations.
Adani Green Energy raises $1.06 bn for debt refinance
ADANI GREEN ENERGY (AGEL) on Monday said it has refinanced its maiden construction facility, with outstanding of $1.06 billion taken in 2021, to develop a solar-wind hybrid renewable cluster in Rajasthan.
EAM heads to UK, Ukraine on agenda
DAYS AFTER UK Prime Minister Keir Starmer hosted an emergency meeting of European leaders in support of Ukraine and its President Volodymyr Zelenskyy — after the latter's public showdown with US President Donald Trump and Vice-President J D Vance at the White House — external affairs minister S Jaishankar is headed to London to meet the British government's leadership, including Foreign Secretary David Lammy.
Banks shed bulk deposits for healthy net interest margins
BANKS ARE SHEDDING costly bulk deposits to protect their net interest margins (NIMs) ahead of expected interest rate cuts.
Amazon's Cloud Biz to Invest $8.2 Billion in Maharashtra
AMAZON'S CLOUD SERVICES provider, Amazon Web Services, will invest about $8.2 billion in India's western state of Maharashtra over the next few years, the information technology ministry said on Monday.
UltraTech to strengthen its core business
Cement demand rebounds; volume to grow 4% y/y in FY25
Ola Set To Lay Off 1K Staffers
Its share of the electric two-wheeler market more than halved from 52% in April 2024 to 19% by December 2024.
Big infra push to upgrade Uttarakhand's road network
The central government will invest Rs 2 lakh crore in road infrastructure in Uttarakhand, with the aim of soon making the roads here world class.
