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Ice Make targets Rs 850 cr revenue in FY27, sees new businesses boosting scaleThe company reported record revenue in FY26. Investments impacted profitability, but operating leverage should improve. An order book of Rs...
Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in IndiaIndia’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as bevera...
₹10, ₹20 cola bottles heating up soft drinks fight this summerSoft drink competition is intensifying as new entrants gain market share, prompting established players to boost marketing and distribution...
Varun Beverages shares decline 3%; firm announces record date for Rs 0.50 final dividendVarun Beverages shares dipped 3% amid market weakness due to the West Asia war. The company set April 8 as the record date for its Rs 0.50 ...
Varun Beverages Ltd forms JV with Everest International to make refrigeratorsVarun Beverages has entered into a joint venture with Everest International Holdings, forming White Peak Refrigeration. VBL holds a 50% sta...
Varun Beverages shares in focus on JV incorporation with White Peak RefrigerationVarun Beverages Ltd (VBL) shares are in focus following the incorporation of White Peak Refrigeration Pvt Ltd, a joint venture for manufact...
Stocks in news: Zydus Life, NTPC, HDFC Life, Varun Beverages, TVS MotorIndian markets closed marginally higher, buoyed by GST reforms signaling a significant tax overhaul. Zydus Lifesciences will introduce a ge...
Varun Beverages Q1 Results: PAT up 5% YoY despite 2% dip in revenueVarun Beverages, PepsiCo's bottling partner, announced its Q1 results. The company saw a profit increase. However, revenue experienced a sl...
Commercial freezers are the hottest thing in town this summerIndia's commercial refrigeration market is experiencing unprecedented growth, driven by the quick commerce boom and intense competition amo...
Varun Beverages to acquire 50% stake of Sri Lanka's Everest Industrial for $3.75 mnVarun Beverages on Monday announced the acquisition of a 50% stake in Everest Industrial Lanka (Private) Limited (EIL) for a consideration ...
Blue Star aims 20 per cent growth from its Commercial Refrigeration solutions businessBlue Star anticipates 20% growth in its Commercial Refrigeration segment, driven by increased consumption of frozen foods and dairy. The co...
Campa, Coke & Pepsi uncork big expansion plans in battle for dominanceCoca-Cola, PepsiCo, and Reliance are intensifying their efforts in India's soft drinks market ahead of summer, with increased distribution ...
Best Mini Refrigerator for Home in India for Specialised Use (2024)Are you looking for a small fridge for home in India? If so, then continue reading this article where we have curated a list of the best mi...
Dairy cooperative, Purabi Dairy introduces prefabricated Purabi Milk Booths at various strategic locations across Assam“Under the guidance of chief minister, we are proud to introduce these modern milk booths, contributing to the growth of the dairy sector i...
Companies are rushing to stock retail stores with summer products"We don't want to take any chances by running out of stock. So, we have pre-stocked much earlier this year than we normally do. We have saf...
High conviction buy! Varun Beverages can rally over 28%, says JefferiesWe expect the company to enjoy industry-leading growth in revenue and earnings. The balance sheet should continue to de-lever, and RoCE loo...
Though focused on chocolates, our goal is to be a snacking products company: Deepak Iyer, MD, Mondelez India"Rural market is close to 20% of our business now. A few years ago, it was just 10-11%. We are now present in 40,000 villages against 20,00...
We create new occasions for chocolate sales: Chandramouli Venkatesan, MD, Mondelez India"We have over 20,000 new villages and have added about 500,000 new stores in these villages. There is a clear expansion programme," Venkate...
Reverse innovation 2.0: Samsung, Renault take India's frugal engineering globalSamsung is not the only global company which is taking advantage of frugal engineering and cheaper development costs in India.
How a blank cheque scripted Cadbury's success story in IndiaThe device used to accomplish the surge was a blank cheque: the one-two punch of a goal and a promise to provide the resources necessary to...