Coca-Cola sells 40% stake in India bottling business Hindustan Coca-Cola Beverages to Jubilant Bhartia Group
Posted on by
Coca-Cola has sold a 40% stake in its Indian bottling arm, Hindustan Coca-Cola Beverages Pvt Ltd (HCCBL), to Jubilant Bhartia Group. This strategic move aligns with Coca-Cola’s global asset-light strategy.
Indian stock markets tumbled on Thursday, with Sensex closing below 80,000 and Nifty below 24,000 for the first time since late November. The sell-off, driven […]
Bandhan Life Insurance has formed a strategic partnership with Bandhan Bank to distribute life insurance products through its 1,700 branches. The company aims to partner […]
