Coca-Cola Financial News

Reliance Consumer Products Ltd (RCPL) has teamed up with former Sri Lankan cricketer Muttiah Muralitharan to co-create, manufacture and sell sports drinks in India called Spinner to be priced at Rs 10 for 150 ml bottles, about half the price of sports drinks brands like Gatorade and Powerade sold by PepsiCo and Coca-Cola, executives aware of the plans said.

Subscribe to enjoy similar stories. MUMBAI : The Coca-Cola Company’s president and chief financial officer John Murphy has reaffirmed India’s critical position in the beverage maker's global strategy, underscoring its growth potential, evolving retail dynamics, and the competitive landscape. Speaking to media in Mumbai on Wednesday, Murphy highlighted the strength of rural markets, the rising importance of vending, and the company’s approach to competition amid the resurgence of local brands.

President Trump, an avid Diet Coke drinker, had the beverage served up at his inauguration luncheon.

Coca-Cola has recalled some of its soft drinks in Europe after higher-than-normal levels of a chemical called chlorate were detected in bottles and cans at a Belgian production plant

Three northern European countries announced the recall of many of their leading products, including the iconic Coca-Cola mainly due to alarming levels of a chemical by-product of water disinfection operations using chlorine dioxide. Amongst other beverages were Sprite, Fanta as well as Minute Maid. The tainted products were primarily produced at its bottling operation in Ghent, Belgium.

Coke is adding a new flavor to its lineup

Warren Buffett's investments across the year are like a case study for the entire US stock market investors, as he has made billions from his investment ideas, and now he is looking poised to earn some dividend income from some top stocks he has put money into.

Donald Trump has officially resumed his second term as President of the United States—and with it comes the revival of a now-famous feature of his presidency: the Diet Coke button.

Peugeot-Saveurs, which makes the culinary tools.

Warren Buffett has emerged as one of the biggest market gurus in recent while, and his predictions around Wall Street have been bang on in recent months, and that has helped him with his massive investments, especially in the Magnificent 7 stocks.

Subscribe to enjoy similar stories. When Howie Buffett first bought a front-end loader, he didn’t know how to start it. When he ran to be a county commissioner of Douglas County, Neb., he didn’t know what the board did.

Subscribe to enjoy similar stories. Have you ever heard the classic investing story, “Had you held on to this IPO stock, you'd have made 25% CAGR today?" It’s one we’ve all come across. But then, life happens, we sell somewhere in between, and miss out on the big gains.

Bombay High Court has declined to quash proceedings against Hindustan Coca-Cola Beverages Private Limited, which faces allegations of selling adulterated beverages. The company had sought to dismiss the case initiated by a magistrate's court in Maharashtra's Jalna district after the Food and Drug Administration (FDA) found a fibrous substance and cobwebs inside bottles of 'Canada Dry', a sweetened carbonated drink. In 2001, during an inspection of Hindustan Coca-Cola’s product 'Canada Dry', the FDA discovered the contaminants in sealed bottles. A stock of 321 bottles, with an expiry date of December 12, 2001, was seized on July 27, 2001. Following tests, a complaint was filed against the company for allegedly violating the Prevention of Food Adulteration Act.

sugar industry. NFCSF President Harshvardhan Patil warned that the «misinformation» could potentially disrupt sugar sales, particularly among major buyers like Coca-Cola and Pepsi, who might be pressured to avoid purchasing sugar from Maharashtra and Gujarat. «The media report is far from ground realities,» Patil told reporters, emphasising that the federation has already reached out to the US Consulate, Union Home Ministry, and Prime Minister's Office. An investigation is currently underway. Explaining the unique harvesting practices, Patil highlighted the difference between southern and northern states. In Maharashtra and Gujarat, manual harvesting remains prevalent, with skilled workers supplied by middlemen called 'mokadam' who are responsible for recruiting and transporting labourers.

Subscribe to enjoy similar stories. Three animated holiday ads from Coca-Cola had the advertising community up in arms last week. Their offense? They were generated by artificial intelligence—and look like it.

FIFA has signed its long-time sponsor AB InBev to a Club World Cup deal that will promote the Budweiser and Michelob Ultra brands at the tournament in the United States next year

The Houston Astros’ home will get a new name on Jan. 1, becoming Daikin Park under an agreement through the 2039 season

air purifiers, indoor plants, remote work and online classes are all back in Delhi-NCR, as the thickening smog cover has once again left the national capital gasping for clean air in what has become an annual ordeal. Almost all companies including Deloitte, Coca-Cola, KPMG PepsiCo, Panasonic and Acer are encouraging work from home and/or have installed air purifiers and indoor plants at workplaces to keep employees safe. Companies selling air purifiers or air-conditioners fitted with air purifiers such as Panasonic, Acer and Sharp Business have seen a rise in demand not only from the metros but also tier-2 and 3 cities in neighbouring states like Haryana, Punjab and Uttar Pradesh, their executives told ET.

Bhartia family of the Jubilant Group led by brothers Shyam and Hari Bhartia is in advance negotiations with Goldman Sachs to partner with them to acquire a 40% stake in Hindustan Coca-Cola Beverages (HCCB), the wholly owned bottling arm of the US beverage giant in India – the 5th largest market of the Atlanta based beverages giant. Goldman Sachs is expected to finance the special purchase vehicle (SPV) created to own the HCCB stake, deploying Rs 3000-3500 crore through a convertible preferred equity instrument. A similar sized investment is being made by the Bhartia family themselves, said people aware of the development. The investment by the Wall Street bell weather will be routed through the fast growing Goldman Sachs Alternatives vertical – an overarching vertical that does growth and private equity, hedge fund, real estate and private credit investments.