Jubilant Bhartia group picks 40% in Coca-cola bottling arm
The Morning Standard|December 12, 2024
JUBILANT BHARTIA GROUP, a conglomerate of diverse businesses spanning from pharma to quick service restaurant (QSR), has announced to acquire 40% stake in Hindustan Coca-Cola Holdings, the parent company of the largest Coca-Cola bottler in India, Hindustan Coca-Cola Beverages.
DIPAK MONDAL
Jubilant Bhartia group picks 40% in Coca-cola bottling arm

Though neither side has disclosed the size of the deal, sources peg the transaction at ₹10,000-12,000 crore.

Hindustan Coca-Cola Beverages is the local franchise of US-based beverages manufacturer Coca-Cola. The company in a statement said the investment by the Jubilant Bhartia Group would contribute to the company's ongoing success and help strengthen its position in the Indian market.

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FLERE HISTORIER FRA THE MORNING STANDARDSe alt
Women lawyers can't appear with face veil, says J&K HC
The Morning Standard

Women lawyers can't appear with face veil, says J&K HC

THE Jammu & Kashmir and Ladakh High Court has held that women advocates cannot appear before the court with their face covered.

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1 min  |
December 24, 2024
Now, Dhaka note verbale for Hasina's extradition
The Morning Standard

Now, Dhaka note verbale for Hasina's extradition

Ministry of External Affairs confirms receiving it, offers no comment

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1 min  |
December 24, 2024
We expect 2025 to be a strong year for us in India: Toyota
The Morning Standard

We expect 2025 to be a strong year for us in India: Toyota

AT a time when most automakers are grappling with sluggish demand, Toyota Kirloskar Motor (TKM) is achieving impressive double-digit sales growth each month. This success is driven by its strong SUV portfolio and the strategic partnership between its parent company, Toyota Motor Corporation, and Suzuki Motor Corporation. The Japanese automaker is set to surpass the 3 lakh annual sales milestone in the financial year 2025 and expects this robust growth to continue into the next fiscal year. Unlike other carmakers focusing heavily on electrification, TKM has adopted a unique strategy by offering a broader range of green powertrain options, emphasizing its ultimate goal of reducing carbon emissions. In an interaction with TNIE's Arshad Khan, Vikram Gulati - Country Head of TKM and Sabari Manohar - Vice President of Sales at TKM discuss Toyota's growth in India, their approach towards different powertrains and investments by the company. Edited excerpts:

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2 mins  |
December 23, 2024
Words of Wisdom for Yashasvi
The Morning Standard

Words of Wisdom for Yashasvi

During a net session ahead of the Boxing Day Test in Melbourne, Kohli, Rahul and coach Gambhir give pep talks to Mumbai batter, who has struggled to spend time in the middle

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3 mins  |
December 23, 2024
Three-star Blasters down Mohammedan
The Morning Standard

Three-star Blasters down Mohammedan

KERALA Blasters FC players delighted the home crowd to record a dominant 3-0 win over Mohammedan SC in the Indian Super League at the Jawaharlal Nehru Stadium here on Sunday.

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1 min  |
December 23, 2024
Liverpool extend lead, United lose
The Morning Standard

Liverpool extend lead, United lose

LIVERPOOL FC recorded a thrilling 6-3 victory over Tottenham Hotspur to extend their lead in the Premier League on Sunday.

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1 min  |
December 23, 2024
The making of fast bowler Boland: Cult hero of MCG
The Morning Standard

The making of fast bowler Boland: Cult hero of MCG

ON a hot Saturday afternoon at the AH Butler Oval, Frankston Peninsula Cricket Club was playing against Camberwell Magpies Cricket Club in the local game on the outskirts of Melbourne.

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3 mins  |
December 23, 2024
Mandhana climbs another mountain as India beat West Indies
The Morning Standard

Mandhana climbs another mountain as India beat West Indies

THERE is a famous bridge that connects the city of Sangli with the rest of the world on the river Krishna called Irwin Bridge.

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2 mins  |
December 23, 2024
Nat'l badminton: Unseeded Adarshini enters semifinals
The Morning Standard

Nat'l badminton: Unseeded Adarshini enters semifinals

TAMIL NADU's Sathish Kumar K, who's the No 1 seed, and Adarshini Shri NB entered the semifinals of the Senior National Badminton Championships in Bengaluru.

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1 min  |
December 23, 2024
KNOW LINEAR AND LATERAL THINKING
The Morning Standard

KNOW LINEAR AND LATERAL THINKING

AS a result of geopolitical tensions, scheduled general elections in India during the mid-year and in the USA towards the end of the year as well as valuations that had sky-rocketed, volatility during 2024 was anticipated by many of us.

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2 mins  |
December 23, 2024