Bhartias to buy 40% in Coke's India bottler
Financial Express Ahmedabad|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 AHMEDABAD DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Ahmedabad

At 18, Gukesh is world's youngest chess champion

● Second Indian after Anand to win global title

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2 dak  |
December 13, 2024
Financial Express Ahmedabad

Food, beverages at airports excessively priced: Flyers

A significant percentage of airline passengers said food and beverages that are sold at airports in the country are \"excessively\" priced, with some passengers paying more than 200% than at organised retail and railway stations, according to a survey.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

AI stocks fuel much of bull run since 2022

IN THE TWO years since ChatGPT burst onto the scene, artificial intelligence has come to dominate investor consciousness more than any other technological breakthrough in the past two decades.

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3 dak  |
December 13, 2024
PSUs spur impact across sectors through CSR activities
Financial Express Ahmedabad

PSUs spur impact across sectors through CSR activities

Public Sector Undertakings accounted for 26.23 per cent of the total CSR spending in FY 21-22, a recent CSR spending report revealed

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4 dak  |
December 13, 2024
Financial Express Ahmedabad

ITDC Advances Sustainable Tourism with a Strong Focus on CSR Initiatives

The INDIA Tourism Development Corporation (ITDC) is making significant steps in sustainable tourism by prioritizing its Corporate Social Responsibility (CSR) initiatives that emphasize community welfare and environmental sustainability.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

Places of Worship Act: SC stops surveys till decision

UNDERLINING THAT \"NO effective orders\" can be passed, the Supreme Court on Thursday barred civil courts across the country from registering fresh suits challenging the ownership and title of any place of worship and from ordering surveys of disputed religious places until further orders.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

AAP vows to raise allowance for women

WITH AN EYE on the upcoming Delhi Assembly elections, AAP national convenor and former chief minister Arvind Kejriwal on Thursday announced that the monthly allowance given to women under the Mahila Samman Rashi scheme would be increased to ₹2,100 from ₹1,000 if the party returned to power next year.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

India votes in favour of UN resolution seeking Gaza truce

INDIA VOTED IN favour of a UN General Assembly resolution that demanded an immediate, unconditional and permanent ceasefire in Gaza and reiterated the demand for immediate and unconditional release of all hostages.

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1 min  |
December 13, 2024
Financial Express Ahmedabad

Aspirational India, states & 16th Finance panel

A new perspective

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3 dak  |
December 13, 2024
Financial Express Ahmedabad

S Korean President vows a 'fight to the end', bets on allies' support

SOUTH KOREAN PRESIDENT Yoon Suk Yeol said on Thursday he would \"fight to the end\" as his own political party shifted closer to voting with the opposition to impeach him over his short-lived martial law order that threw the US ally into turmoil.

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1 min  |
December 13, 2024