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Dabur & Jubilant Group eye 40% stake in Coca-Cola India's bottling arm HCCB
HCCB, which handles Coca-Cola's bottling operations in southern and western India, reported a 40% year-on-year revenue increase to Rs 128.4 billion in FY23, with net profits more than doubling to Rs 8.09 billion.Read more
Jindal Stainless navigates Red Sea crisis, adjusts export targets, eyes European expansion
Due to the Red Sea issue, both time and cost associated with shipments to Europe have increased. Jindal anticipates a decline in Q4 export sales, revising the target from 15% to around 12%.Read more