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BEVERAGE INDUSTRY REVIVAL
Cooling products see mixed demand in June qtr; AC sales slump, beverages, ice cream stay resilientSummer demand for products showed a mixed trend. While air-conditioner sales dipped due to unseasonal weather and rising prices, beverages,...
Pizza Hut: From $600 loan to 20,000 stores and the new $2.7 billion twist for the global empirePizza Hut, a nearly 70-year-old American icon, has been split in a $2.7 billion deal. Yum Brands is selling its international business outs...
US stocks today: Nasdaq, S&P 500 end lower on renewed AI growth worries ahead of big tech earningsU.S. stocks retreated from record highs as concerns over the AI boom and OpenAI's performance weighed on tech shares. Investors are anticip...
Explained | What’s inside India–New Zealand FTA: Tariff cuts, services push, farm safeguards & moreInd NZ FTA Agreement: India and New Zealand signed a significant free trade agreement. This pact opens doors for goods, services, and inves...
Dunkin free coffees return: Here’s how to claim your cup in latest 1-million giveawayThe giveaway aligns with the launch of Dunkin’s spring menu, which includes a mix of new and returning items aimed at tapping seasonal dema...
Warm February fuels 30% surge in summer product sales; beverage, ice-cream and AC makers cheerSummer arrived early this year, boosting sales of drinks, ice-creams, and air conditioners by up to 30 per cent in February. This early hea...
Reliance to exclusively supply beverages to Hyderabad MetroReliance Consumer Products partners with Hyderabad Metro. The FMCG arm of Reliance Industries will now sell beverages. This will be done th...
Reliance Consumer Products sets up new Campa bottling plant in GuwahatiReliance Consumer Products Ltd (RCPL) has expanded Campa’s presence in Northeast India by opening a new bottling plant in Guwahati. The fac...
Ambani's Reliance Consumer Products debuts in UAE with CampaReliance Consumer Products Limited (RCPL) launched "Campa" in the UAE at the 30th edition of Gulfood, marking its first entry into the regi...
Reliance Industries' new business gets fizz from Campa ColaMukesh Ambani, the chairman and managing director of Reliance, has a penchant for creating humongous businesses with an amazing sweep acros...
Adani Power, ABB India among 5 BSE midcap stocks showing remarkable recovery from 52-week lowsSeveral mid-cap stocks have experienced a noteworthy rebound from their 52-week lows, indicating resilience and potential for future growth...
Consumer companies hit hard as summer products take a rain checkSales of summer products like air-conditioners, refrigerators, beverages, and ice cream have dropped by up to 26% YoY since mid-March in th...
HCCB revives plans to sell Coca-Cola's bottling businessThe operations could be either split among independent Indian bottlers or could go to a single Indian or an overseas company. The transacti...
Alcohol companies for quid pro quo in EU, UK FTAsThe industry association has Radico Khaitan, Mohan Meakin and Amrut Distilleries, among others, as its members.
Healthy recovery in demand of soft drinks in rural, semi-urban markets; we expect momentum to continue: Ravi Jaipuria“Recovery in urban markets is gradual, and revival of out-of-home consumption depends on increased re-openings of theatres, restaurants, ma...
PepsiCo bullish on India, increases investment at snacks plant in UP to Rs 814 croreThe company is committed to double its business from snacks business in India and also increasing the capacity of existing food plants in W...
Manaksia Industries re-working business plansApart from strengthening capacities in India, Manaksia Industries is also firming up plans to set up manufacturing units in Nigeria and Sri...
- Coca-Cola, Nestle dump India iced tea JV due to low consumer offtake
A joint venture between Coca-Cola and Nestle to sell and distribute ready-to-drink iced tea will be dissolved in India and some other marke...
- Hic! Feni fights to regain turf in Goa
After a very long campaign, feni, a beverage distilled out of cashew apple, got geographical indication (GI) in 2009.
- Revival in real estate could come as a boon for float glass industry
For the industry, FY09 was not particularly favourable.