Hindustan Coca-Cola Beverages (HCCB), the Indian bottling arm of the Coca-Cola Company, has sold its Jharkhand bottling operations to Moon Beverages Pvt Ltd, one of…
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Category: Corporate
PepsiCo Identifies India as Key Growth Market amid Global Restructuring
PepsiCo Inc., the global snack and beverage giant, has designated India as one of its 13 “anchor markets” as part of a major international restructuring…
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Parle Tops Kirana Survey; HUL and ITC Drop
Parle has emerged as the top FMCG brand in a 2024 survey of 21,000 Kirana store owners conducted by Kirana Club, outpacing Hindustan Unilever (HUL)…
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Mondelez Eyes Hershey Acquisition, Shares Surge amid Merger Buzz
Mondelez International, the parent company of Cadbury, is reportedly exploring a potential acquisition of U.S. chocolate maker Hershey, in what could lead to the formation…
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Bhartia Family to Acquire 40% Stake in Coca-Cola’s Bottling Arm HCCB for Rs. 12,500 Crore
The Bhartia family of Jubilant Bhartia Group is set to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB), the wholly owned bottling arm of…
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Three Suitors Place Binding Bids for Haldiram; Alpha Wave Offers Over $1 Billion for Minority Stake
In one of India’s largest private equity deals to date, Alpha Wave Global has submitted a binding bid exceeding $1 billion for a minority stake…
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European Union Showcases Culinary Mastery at SIAL India 2024
The European Union (EU) has made a significant mark in the Indian food and beverage industry with its participation in SIAL India 2024, one of…
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Rebel Foods to invest ₹200 Crore to Expand Wendy’s India Footprint to 500 Locations
Rebel Foods, India’s leading cloud kitchen operator, is set to invest ₹200 crore over the next three years to expand Wendy’s to 500 touchpoints across…
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Cargill to Cut 8,000 Jobs as Profit Declines
Cargill, the world’s largest private company, has announced plans to reduce its global workforce by 5%, cutting approximately 8,000 jobs. The move follows a rare…
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Swiggy Expands 10-Minute Delivery Service ‘Bolt’ to 400 Cities
In a significant move, food delivery giant Swiggy announced the expansion of its 10-minute delivery service, Bolt, to over 400 cities across India. Initially launched…
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