In India, The Coca-Cola Co. bottles products such as Thums-Up, Sprite, Fanta, Limca and flagship brand Coca-Cola through subsidiary Hindustan Coca-Cola Beverages Pvt. Ltd (HCCB), as well as a set of independent bottling companies.
Jubilant Bhartia Group will acquire 40% in Hindustan Coca-Cola Holdings, the parent of HCCB, through Jubilant Beverages Ltd. HCCB operates 13 factories, serving 236 districts across 12 states in India's south and west.
Coca-Cola struck the deal with a "long-term" view of picking a partner which has capabilities in running reputed businesses in India, a person familiar with the development said. Goldman Sachs is financing a part of the deal, and the ultimate aim is to take the bottling business public, the person said on the condition of anonymity.
The Jubilant Bhartia Group, which started out as a drugs and chemicals company, has since branched into contract research and development services, agricultural products, performance polymers, and food services.
Jubilant FoodWorks Ltd is India's largest food services company, and holds exclusive rights to develop and operate Domino's Pizza in India, Sri Lanka, Bangladesh and Nepal.
Denne historien er fra December 12, 2024-utgaven av Hindustan Times Uttarakhand.
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
Denne historien er fra December 12, 2024-utgaven av Hindustan Times Uttarakhand.
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
MOVE AGAINST FEDERALISM, WILL ALTER BASIC STRUCTURE: OPPN
Opposition leaders on Tuesday launched a scathing attack on the bills introduced in the Lok Sabha that propose simultaneous elections to the Lower House and state assemblies, arguing that the legislation undermines federalism, violates the Constitution's basic structure, was introduced without adequate consultation with states and envisions an impractical scenario.
BJP govts to soon bring UCC in every state: Shah
NEW DELHI: The Uniform Civil Code (UCC) implemented by Uttarakhand is a model law that will be debated widely and then the Bharatiya Janata Party (BJP) governments will bring a common civil code in all states,
ONOP will test govt's ability to muster up two-thirds majority
NEW DELHI: The NDA government's ambitious plan for simultaneous national and state polls could be a test of its ability to muster the requisite numbers as it doesn't have a two-thirds majority needed to push through a Constitution amendment under Article 368 in the Lok Sabha.
'One election' bill tabled in House, may be sent to JPC
The Union government on Tuesday introduced in the Lok Sabha two bills aimed at ushering in simultaneous state and national elections amid loud protests by the Opposition - taking the first step towards implementing sweeping changes in the way polls are conducted in the world's largest democracy.
'One election' bill tabled in LS, to be sent to JPC
NEW DELHI: The Constitution (One Hundred and Twenty-Ninth Amendment) Bill, 2024, and the Union Territories Laws (Amendment) Bill, 2024, was formally introduced in the Lok Sabha after a division of votes.
Shah slams Cong in Constitution debate
Asserting that India's democracy is deep-rooted, Union home minister Amit Shah said on Tuesday that the people of the country through the Constitution have given an appropriate response to those who used to say that India will not become powerful economically.
How the challenge of batting in Oz changed
KOOKABURRA RELEASED A REDESIGNED BALL FOR TESTS IN 2021 THAT WAS SUPPOSED TO MAKE THE GAME MORE EXCITING, BUT IT HAS ONLY MADE BATTING MORE DIFFICULT
Grit in the tail frustrates the hosts, India avoid follow-on
Like in 2021, there was defiance in the damp air of Gabba as Deep and Bumrah steer India towards a likely draw on Day 4
Jhulan Goswami stand: Another historic moment at Eden Gardens
KOLKATA: At 6.58pm on a misty winter evening near the Eden Gardens change rooms, Jhulan Goswami took the stage. And said she was speechless.
PRITHVI SHAW NOW AXED FROM MUMBAI VIJAY HAZARE SQUAD
MUMBAI: In a forgettable season, Prithvi Shaw received another jolt when the Mumbai selectors ignored his superb record in List A cricket by dropping him from the squad for the upcoming 50-over Vijay Hazare Trophy tournament.
