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

Pushpa 2 hits ₹1,000-crore milestone at global BO

ALLU ARJUN'S PUSHPA 2: The Rule has hit the milestone of ₹1,000 crore at the global box office in just six days, making it the fastest Indian film to register the feat.

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1 min  |
December 12, 2024
Financial Express Delhi

US hotels welcome Indian tourists with chai, samosa

POST-COVID BOOM

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1 min  |
December 12, 2024
Why international stars are pulling out of Hockey India League en masse
Financial Express Delhi

Why international stars are pulling out of Hockey India League en masse

IN OCTOBER, WHEN the Hockey India League (HIL) player auctions were held, 96 international stars were snapped up by eight men and four women franchises. Now, with a fortnight left for the competition to begin, more than one-fourth of them have pulled out.

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2 dak  |
December 12, 2024
EY case puts spotlight on white-collar labour laws
Financial Express Delhi

EY case puts spotlight on white-collar labour laws

● Decades-old laws largely focused on blue-collar workers

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1 min  |
December 12, 2024
Financial Express Delhi

Rupee gains 2p to settle at 84.83

THE RUPEE GAINED 2 paise to close at 84.83 against the US dollar on Wednesday, a tad above its all-time low level, amid rising expectations of a shift in the Reserve Bank's monetary policy stance following the appointment of Sanjay Malhotra as the new governor.

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1 min  |
December 12, 2024
Financial Express Delhi

Equirus Wealth crosses ₹10K cr in assets under management

Equirus Wealth on Wednesday said it has surpassed ₹10,000 crore in assets under management (AUM).

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1 min  |
December 12, 2024
MFs, pension funds must be active in corp bond market: Setty
Financial Express Delhi

MFs, pension funds must be active in corp bond market: Setty

STATE BANK OF India (SBI) chairman C S Setty on Wednesday called for active participation of mutual funds and pension funds in the corporate bond market.

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1 min  |
December 12, 2024
Financial Express Delhi

Sebi notifies tighter insider trading rules

WIDENING THE NET

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1 min  |
December 12, 2024
Prioritising inclusion in social networking
Financial Express Delhi

Prioritising inclusion in social networking

Famm Connect acts as a LinkedIn for the LGBTQ+ community

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2 dak  |
December 12, 2024
Making digital work for women
Financial Express Delhi

Making digital work for women

● UPI's ease of use allows them to expand business

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2 dak  |
December 12, 2024