THE government on Thursday approved soft drink major Coca-Cola's $52.54 million (around Rs 205 crore) investment plan for India. The investment will be made in Hindustan Coca Cola Holdings (HCCH) by its parent company for capital expenditure of Hindustan Coca Beverages (HCCB), the bottling subsidiary of Coke. The capex by Atlanta-based company is part of its earlier plan to invest $ 250 million in India.

The Union Cabinet's Committee on Economic Affairs on Thursday approved a proposal for an investment of $52.4 million (Rs.205 crore) in Hindustan Coca-Cola Holdings Private Limited by its parent company to predominantly fund capital expenditure in its subsidiary, Hindustan Coca-Cola Beverages Private Limited.

The list of businesses going "green" lengthens by the day. Household names such as Wal-Mart, Coca-Cola, General Electric, Hewlett-Packard and L'Orealboast programmes to cut their greenhouse gas emissions, use natural resources more efficiently, recycle more and clear up pollution. These initiatives have gained approval from consumers and praise from environmental groups, but what will happen if the economy slows? Will companies continue to put efforts into improving their environmental credentials? Or will these green buds wither in the chill wind blowing through the markets?

Access to water and control over it is not only a matter of survival but an issue of democratic participation of all citizens in the management of their country's natural resources, particularly as conflicts over water increase.

THE Coca-Cola company and its CEO, Mr Neville Isdell, must be congratulated for some excellent public relations work lately, and in particular, in India.

US cola giant Coca Cola has said that rival Pepsi is slightly ahead but the Atlanta-based company is determined to push India among its top five markets on the strength of its

Betting big on India's potential to emerge its top five Markets in the world, Cola giant Coca Cola on Monday committed to more

Residents of the Da-Dhora farming area in Dergaon will take out a protest rally tomorrow against the move to set up a calcinated coke industry, work of which has begun about a month ago.

With the domestic dairy sector slated to cross Rs 500,000 crore in revenues by 2011, milk seems to have found favour with FMCG majors.

Coca Cola India earned itself a drop of hard-earned joy this week for its corporate social responsibility initiatives in the form of the Golden Peacock award for CSR for 2008. But the award which cites its work in water management comes just a few weeks after it had received advice from The Energy Research Institute or TERI run by R K Pachauri to shut down its bottling plant in Kaladera, Nabipur and Mehdiganj in Rajasthan saying that these were bringing down ground water levels at an alarming scale.

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