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Jobs at Pepsi Bottling (PBG)
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Colas drown in May showers
Worst summer in 5 Years for Coke, Pepsi as Sales Fall 15-17%
DON'T be surprised if soft drink companies are soon seen scampering for weather insurance while pushing their fizzy products. The May showers may have brought some relief to the heat-struck north, but for cola majors Coke and Pepsi, it was the worst summer in five years. Sales of the two companies' flagship brands declined 15-17% in April-May over the same period last year as this summer has so far been unusually mild.
With consumer preferences shifting fast to functional beverages like juices, juice-based drinks and packaged
Bisleri sells Maaza brand for global markets to bottlers
Group Shuts International Operations Headquartered In New York
THE Bisleri group (Park Exports)-promoted soft drinks company, Maaza Beverages, has sold the trademark rights of Maaza for the international markets to its bottlers, Infra Beverages in Europe and House of Spice in the US for a substantial undisclosed sum.
The group has also shut down the international operations headquartered in New York, Coca-Cola, which owns the trademark in India, is believed to have been interested in buying the rights for the international markets but failed to clinch the deal.
"The operation abroad was largely dependent
HCL to jostle with PE duo for Cambridge
Promoters Seeking Exit Price Of Rs 160 Per Share
THE final line-up of suitors for the $420-million acquisition of Cambridge Solutions— among the biggest In the Indian tech space— has HCL Technologies pitched against buyout private equity giants Carlyle and Permira. ET had first reported the names of Carlyle and HCL.
But the entry of Primera, the largest European buyout fund, appears to be recent, say sources. If it retains interest, this could be Permira's first India play. The company, which mopped up about $ 12 billion last year, has battled US buyout funds Blackstone
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