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MMG GROUP
Heatwave drives surge in cold drink sales, AC and fridge demand stays weakIndia's scorching heatwave has boosted sales of soft drinks, ice-creams and dairy beverages, while higher prices and weak consumer sentimen...- India to attract major share of EQT's $15.6-billion Asia fund: EQT India headEQT expects India to remain a top capital destination in its new Asia fund, with roughly one-third allocation historically. The firm sees s...
- Moon Beverages mulls IPO, invests over Rs 4,000 cr to expand production capacityMoon Beverages, one of the leading bottlers of Coca-Cola in India and part of MMG Group, is considering an Initial Public Offering (IPO) to...
- Fitspire secures $1 million in bridge round led by McDonalds' India promoter Anant Agarwal and MMG GroupFitspire, a Delhi-based health nutrition brand, raised $1 million in a bridge round, led by Anant Agarwal, MMG Group, and angel investors. ...
- Coca-Cola divests Jharkhand bottling operations to Moon BeveragesHindustan Coca-Cola Beverages (HCCB) has sold its Jharkhand bottling operations to Moon Beverages, a major franchisee bottler. This move al...
- As HUL reviews ice-cream biz, cos line up for a scoopHindustan Unilever has set up a committee of independent directors to evaluate the future of its ice-cream business, sparking interest from...
- EQT's growth fund to pursue deals of $50m-250m in IndiaEQT's $1.6 billion BPEA EQT Mid-Market Growth Partnership (MMG Fund) targets deals of $50 million-250 million in India, focusing on control...
- Coca-Cola's bottling arm in talks to sell some unitsThe beverage company had sold some of its bottling plants in 2019, but the divestment process got disrupted due to the pandemic. Coca-Cola ...
- Coca-Cola India launches 100% recycled PET bottlesCoca-Cola said consumers could return empty PET bottles by recycling them at conveniently placed drop-off points or reverse vending machine...
- McDonald's north and east to invest up to ₹600 cr"All the investment financing shall be sourced internally. Currently, we have approximately 6,000 employees, with plans to hire about 1,500...
- McDonald's to hire 5,000 people, double stores in North, East IndiaSpeaking to PTI, McDonald's India (North and East) Managing Director Rajeev Ranjan said the company is on a rapid growth path and looking t...
- Rajeev Ranjan elevated as MD of McDonald's India North & EastMcDonald's India North & East has elevated Rajeev Ranjan as its managing director. Ranjan has been chief operating officer of the quick ser...
- MMG launches omni-channel digital platform MoonshotMMG, among the largest franchise bottling partners for soft drinks maker Coca Cola India, and exclusive partner for fast food chain McDonal...
- Isolation of accused delays harassment case against TablighisOne of the "accused" has been tested positive for COVID-19 and taken to the isolation ward while the rest have been quarantined for the nex...
- McDonald's picks Sanjeev Agrawal as new partner for north, east IndiaThe development comes almost nine months after McDonald's bought estranged partner Vikram Bakshi's 50 per cent stake in Connaught Plaza Res...
- Suitors find McDonald’s franchise offer a bit too sour“Of all the potential names in the running, talks with most have fizzled out because both sides haven’t been able to reach a consensus on t...
- In a world filled with gluts, zinc is suddenly hard to findFrom Africa to Ireland, mines that have produced zinc for decades are now tapped out and a fresh source of the metal has proven elusive.
- Essar Projects inks deal with Saudi firm Mohammed Al-Mojil Group for construction servicesThis will include Saudi Aramco's 400,000 barrels per day Jazan refinery, which is expected to be the mainstay of a new economic city.
- Tharanco group acquires Greg NormanGlobal golf apparel brand Greg Norman owned by MacGregor Golf has been acquired by New York-based Tharanco group for an undisclosed amount.
- Marathon Group aims 60 cos in Navi Mumbai SEZMarathon Group expects around 50 to 60 companies to set up their shop in the newly commissioned IT-ITES Special Economic Zone (SEZ) at Navi...
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