The Jubilant Bhartia Group, which operates India's largest food services business, will acquire a 40% stake in the country's largest Coca-Cola bottler, in a transaction said to be valued between ₹12,000 crore and ₹12,500 crore. Jubilant Bhartia Group will acquire 40% in Hindustan Coca-Cola Holdings, the parent of HCCB, through Jubilant Beverages Ltd. HCCB operates 13 factories, serving 236 districts …
The United States-India Business Council honoured Shyam Bhartia and Hari Bhartia, co-founders and co-chairs of the Jubilant Bhartia group, with the global leadership award for the year during its annual summit in Washington DC on Tuesday. Announcing the award, USIBC president, ambassador Atul Keshap said the Bhartia brothers exemplified the power of India-US collaboration with the group’s interests in pharmaceuticals, …
