FMCG revenues to rise in Q2, but costs could dent marginsIndia's FMCG sector is poised for a substantial revenue boost in the upcoming September quarter, with growth projected in double digits. Th...
Premiumisation core growth engine for alcobev: ISWAI reportPremiumisation is driving growth in India’s alcoholic beverages market, with the premium segment expanding at a 10.2% CAGR between 2022 and...
Coca-Cola looks to sell Costa Coffee, Semafor reportsCoca-Cola is reportedly seeking to unwind its $5 billion acquisition of Costa Coffee after a failed sales process. The beverage company pre...
- PepsiCo to cut costs as weak North America business hurts annual core profit forecast
PepsiCo is gearing up to implement further cost-cutting measures in response to rising input costs and a slowdown in consumer demand. CEO R...
After flat Indian-Made Liquor sales in April-Sep period, industry body warns Karnataka of harm to revenueThe Confederation of Indian Alcoholic Beverage Companies opposes Karnataka's increased taxation on Indian-Made Liquor. Recent data shows st...
Stocks in news: TCS, Adani Enterprises, Ola Electric, HCL Tech, Tata Power and Varun BeveragesIndian equities fell as the Reserve Bank of India increased the repo rate by 25 basis points. The Nifty 50 closed down 0.76%, facing resist...
Pernod Ricard India begins operational steps ahead of potential IPOPernod Ricard India is actively working on transforming its legal structure from a private entity to a public one. This maneuver positions ...
In 2021, Dwayne Johnson co-founded ZOA Energy; by 2024, Molson Coors had spent $53 million to raise its stake to 51%Dwayne Johnson's ZOA Energy was recently acquired by Molson Coors Beverage Company, giving them majority control of the brand. This strateg...
50 Cent took Vitaminwater equity rather than just an endorsement check; when Coca-Cola bought Glacéau for $4.1 billion in 2007, Forbes says he made $100 millionIn a bold move, 50 Cent opted for equity over cash when he partnered with the relatively obscure beverage company, Glacéau. After a success...
PepsiCo, Monster, Reliance Consumer Product win reprieve on 'energy drink' label ban in IndiaThe regulator in June ordered makers of high-caffeine beverages sold as "energy drinks" to stop using the description, rejecting the indust...
Product's form at sale, not end use, will determine tax rate: Supreme CourtThe Supreme Court has ruled that the tax rate applicable to a product must be determined by its physical form at the time of sale, not its ...
Reliance, PepsiCo, Monster get court breather over Campa ‘energy drink’ label banFSSAI's order barring Reliance Industries from selling its Campa beverages as “energy drinks” has been put on hold. This is an interim reli...
Festive season bets: Analysts see upside in Lenskart, Arvind, Varun Beverages and 3 other stocksAs the festive season approaches, savvy investors should keep an eye on six promising stocks that analysts highlight. Notable mentions incl...
Two Trades for Today: An alcoholic beverages player for a 5.2% gain, a mid-cap private bank stock for a rise of almost 7%Our technical analysts identify select stocks every trading day that may gain momentum even in volatile markets. Here are the technical cal...
Starbucks sued over 'sugar-free' claims for protein beveragesConsumers accused Starbucks of trying to capitalize on the desire of 75% of Americans to reduce or eliminate sugar consumption. They also s...
PepsiCo, Monster challenge India 'energy drink' label ban citing business impactPepsiCo and Monster Beverage have initiated legal action against India's food regulator regarding a recent labeling ban. The regulator's di...
Stock Radar: Varun Beverages stock showing signs of rebound after over 20% fall; time to buy?Varun Beverages Ltd has shown a strong technical recovery after breaking out of a three-month downtrend channel. The stock regained crucial...