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BusinessOct 21, 2025 12:32 PM

Coca-Cola Plans $1 Billion IPO for Indian Bottling Unit Amid Rising Competition

Coca-Cola is reportedly exploring a potential $1 billion initial public offering for its Indian bottling unit, Hindustan Coca-Cola Beverages. The company has engaged with bankers to discuss the listing, which could value the subsidiary at $10 billion. These discussions are in early stages, with a potential deal eyed for next year. - Coca-Cola is considering taking its Indian bottling unit public in a deal that may fetch $1 billion, Bloomberg News reported on Friday, citing people familiar with ...Read More >

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BusinessAug 29, 2025 07:24 PM

Reliance Retail eyes 20 pc growth over 3 years, to invest Rs 40k cr to create Asia's largest food pa...

New Delhi, Aug 29 (PTI) India's largest retailer Reliance Retail is confident of delivering a 20 per cent CAGR over the next three years and is looking to scale its FMCG business by over eightfold in the next five years to Rs 1 lakh crore, besides investing invest Rs 40,000 crore to create Asia's largest food parks. Reliance, which now eyes global expansion of FMCG business "will invest Rs 40,000 crore (USD 4.7 billion) to create Asia's largest integrated food parks with AI-driven automation, r ...Read More >

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19
BusinessJul 03, 2025 10:44 PM

Reliance to transfer all consumer business from Retail to New RCPL

New Delhi, July 3 (PTI) Reliance Retail is transferring its consumer goods business to a new entity, New Reliance Consumer Products Ltd (New RCPL), under its internal restructuring of the business. According to the scheme filed before the NCLT, Reliance is transfering and vesting the FMCG brands business from Reliance Retail Ltd (RRL) to a new entity named New Reliance Consumer Products Ltd (New RCPL). The Mumbai bench of the National Company Law Tribunal (NCLT) on June 25 asked to convene a m ...Read More >

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BusinessJul 03, 2025 05:45 PM

Ambani's Reliance to spin off India consumer goods business into...

MUMBAI, July 3 (Reuters) - Indian billionaire Mukesh Ambani's Reliance Industries said it will spin off its consumer goods unit into a new entity to allow the fast-growing business to attract investors beyond those backing its retail unit. Reliance's consumer business includes brands such as Campa Cola, which competes with Coca-Cola and Pepsi, and dozens of other snacks and confectionery brands that fight for shelf space with the likes of Mondelez's Cadbury chocolates. India's National Company ...Read More >

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BusinessJul 03, 2025 05:17 PM

Ambani's Reliance to spin off India consumer goods business into new unit

MUMBAI (Reuters) -Indian billionaire Mukesh Ambani's Reliance Industries said it will spin off its consumer goods unit into a new entity to allow the fast-growing business to attract investors beyond those backing its retail unit. Reliance's consumer business includes brands such as Campa Cola, which competes with Coca-Cola and Pepsi, and dozens of other snacks and confectionery brands that fight for shelf space with the likes of Mondelez's Cadbury chocolates. India's National Company Law Trib ...Read More >

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