Jubilant FoodWorks falls after Coke bottler deal
Financial Express Hyderabad|December 13, 2024
SHARES OF JUBILANT FoodWorks fell over 5% on Thursday, a day after the Jubilant Bhartia Group agreed to pick up a 40% stake in Hindustan Coca-Cola Beverages (HCCB).
VIVEAT SUSAN PINTO Mumbai, December 12

The investor thumbs-down, say experts, highlights the competitive challenges ahead for the new player.

While fizzy drinks are growing as a category, according to Kantar data, the acquisition may intensify competition for players like Ravi Jaipuria-led Varun Beverages, PepsiCo's largest bottler outside the US.

Denne historien er fra December 13, 2024-utgaven av Financial Express Hyderabad.

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Denne historien er fra December 13, 2024-utgaven av Financial Express Hyderabad.

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Financial Express Hyderabad

UK inflation hits 8-month high in Nov

BRITISH INFLATION HIT an eight-month high in November, but the rise in services prices - watched closely by the Bank of England (BoE) as an underlying measure of inflationary pressures - held steady, offering the central bank a little bit of relief.

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1 min  |
December 19, 2024
Financial Express Hyderabad

China's billionaires are making money for the first time since 2020

CHINA'S BILLIONAIRES ARE slowly starting to recover their wealth after three years of losses from a property crisis and Xi Jinping's push for common prosperity at the expense of powerful private business owners.

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2 mins  |
December 19, 2024
Financial Express Hyderabad

Indices extend losing streak for third consecutive session

BENCHMARK INDICES FELL up to 0.62%, continuing their losing streak for the third straight session, as investors remained cautious ahead of the US Federal Reserve meeting outcome.

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1 min  |
December 19, 2024
Financial Express Hyderabad

Shriram Group arm raises $1.28-bn loan

SHRIRAM FINANCE (SFL), the flagship company of the Shriram Group, raised $1.277 billion in multiple currencies, including dollar, euro and dirham (AED), through an external commercial borrowing (ECB) loan transaction.

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1 min  |
December 19, 2024
Financial Express Hyderabad

Rupee moves closer to 85/$

ON A SLIPPERY TRACK

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2 mins  |
December 19, 2024
Financial Express Hyderabad

Offshore instruments rule adds to compliance burden for FPIs: Experts

Negligible trades with derivatives as underlying assets in last three years

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1 min  |
December 19, 2024
Financial Express Hyderabad

Mobikwik debuts at 58% premium; ends opening day with 90% gains

Vishal Mega Mart sees over 40% gains in opening trade

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1 min  |
December 19, 2024
Financial Express Hyderabad

Amazon sells Shoppers Stop stake for ₹276 cr

GLOBAL E-COMMERCE GI-ANT

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1 min  |
December 19, 2024
Financial Express Hyderabad

Chinese auto parts imports flat in H1

IMPORTS OF CHINESE auto components, which used to be quite high till a few years ago, are now seeing their growth rate plateauing.

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1 min  |
December 19, 2024
Financial Express Hyderabad

Welspun arm looks to raise ₹4,000 cr

WELSPUN ONE, THE logistics and industrial property arm of Welspun group, plans to raise ₹4,000 crore to fund its expansion.

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1 min  |
December 19, 2024