Bhartias to buy 40% in Coke's India bottler
Financial Express Hyderabad|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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Financial Express Hyderabad

Impeached S Korean Prez Argues for His Release

SOUTH KOREA'S IMPEACHED president on Saturday argued for his release before a Seoul judge as the court reviewed whether to grant a law enforcement request for his formal arrest.

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January 19, 2025
Financial Express Hyderabad

Israel-Hamas ceasefire at 0630 GMT today

● Israel lists over 700 prisoners to be released

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January 19, 2025
Financial Express Hyderabad

New narratives

How documentaries in India are riding on a fresh wave of popularity, piggybacking on compelling issues, honest content & untold stories

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January 19, 2025
Financial Express Hyderabad

RBL Bank Q3 net at ₹47 cr

RBL BANK'S NET profit plummeted to ₹47 crore in the December quarter of 2024-25 from ₹245 crore in the year-ago period as the microloan portfolio came to bite.

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1 min  |
January 19, 2025
Financial Express Hyderabad

Music stars line up for Los Angeles benefit concert

STING, BILLIE EILISH, LADY Gaga, the Red Hot Chili Peppers are among the performers slated to take the stage at FireAid, a benefit concert for Los Angeles-area wildfire relief.

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1 min  |
January 19, 2025
Financial Express Hyderabad

TikTok Says It Will Have To 'Go Dark' Unless Biden Acts

TikTok said it will have to \"go dark\" this weekend unless the outgoing Biden administration assures the company it won't enforce a shutdown of the popular app after the Supreme Court on Friday unanimously upheld the federal law banning the app unless it's sold by its China-based parent company.

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1 min  |
January 19, 2025
Financial Express Hyderabad

'We cannot absolve govts of climate responsibilities; they hold the power'

Author Amitav Ghosh talks about his latest book, Wild Fictions, the need for urgent action on climate, and collective agency at the grassroots

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3 mins  |
January 19, 2025
Financial Express Hyderabad

PM Modi Distributes 6.5 Million Svamitva Property Cards

PRIME MINISTER NARENDRA Modi on Saturday distributed more than 65 lakh property cards under the Svamitva scheme, and said it will bolster economic activities and help in poverty alleviation.

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1 min  |
January 19, 2025
Financial Express Hyderabad

Don't be under digital arrest

How to protect yourself from cybercrimes

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January 19, 2025
Financial Express Hyderabad

Litfest season is here

Seven Pulitzer winners at Jaipur Litfest 2025

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January 19, 2025