Coca-Cola, the global beverage leader, has sold a 40% stake in its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. This move signifies a strategic shift in Coca-Cola’s operations in India and reflects the growing influence of Jubilant Bhartia Group in the country’s beverage sector. “The Coca-Cola Company today announced…
Getty Images Between July and September, India’s economy slumped to a seven-quarter low of 5.4% Is the world’s fastest-growing big economy losing steam? The latest GDP numbers paint a sobering picture. Between July and September, India’s economy slumped to a seven-quarter low of 5.4%, well below the Reserve Bank of India (RBI) forecast of 7%….
1 / 8 Indian Overseas Bank | State-owned bank said it has received an order confirming a refund of ₹1,359.29 crore for the assessment year 2015-16, including interest under Section 244A. The order, dated August 17, 2024, follows earlier orders passed by the Commissioner of Income Tax (Appeals) in March and December 2023. The bank…
MobiKwik IPO: One Mobikwik Systems Limited raised nearly ₹257 crore from anchor investors ahead of its IPO subscription opening for bidding tomorrow. The fintech major’s initial public offering (IPO) is all set to hit the primary market for its three-day subscription period, opening on Wednesday, December 11, 2024, and closing on Friday, November 13, 2024….
Quick commerce company Zepto says it is on a clear path to becoming a full Indian-owned entity and hitting PAT positive milestone, as co-founder and CEO Aadit Palicha exudes optimism about a possible IPO in 2025. In an interview with PTI, Palicha strongly countered allegations about the quick commerce model disrupting and stunting the growth…
The NSE Nifty 50 and BSE Sensex ended on a muted note on Tuesday after declining for two sessions. Reliance Industries Ltd. and Bharti Airtel Ltd. share prices dragged. The Nifty 50 declined as much as 0.44% to 24,510.65, and the Sensex declined 0.40% to 81,182.69. Bharti Airtel share price declined 2.51% to Rs 1,570.05…
The shares of Mishtann Foods have gone down by nearly 10% to day’s low of Rs 8.95 on BSE after Sebi barred five entities, including the company, its promoter and CMD Hiteshkumar Gaurishankar Patel from the securities market till further orders for alleged financial mismanagement, fraudulent transactions, and corporate governance lapses. Sebi said Mishtann Foods…
Syria: Liberation or perdition? Unless extraordinary effort is made into transition of power, power-sharing, handling of various interest groups within and outside, and dealing with jihadist elements firmly, the possibility of Syria descending into an unchartered territory of chaos is very real– and very troublesome for the region Source link
The Supreme Court today (December 9) imposed a cost of Rs. 50,000 on the Food Corporation of India (FCI) and Divisional Manager each, while dismissing its special leave petition. It also orally remarked that the filing of SLP should not have been advised. The SLP came before a bench of Justices Bela M. Trivedi and…
Mumbai-based Kiran More, a sales professional working for a tech company, went through a similar experience this year, dealing with inferior parts, incorrect installation and delayed timelines. Vashishta and More are not alone. There is no dearth of complaints and reportage on the internet around the abysmal experiences Livspace’s customers have had to endure. Seated…
