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Varun Beverages to set up production units for PepsiCo’s snacks brand in Zimbabwe, Zambia

The company plans to set up manufacturing units in Zimbabwe and Zambia entailing an investment of $7 million (around Rs 60 crore)New Delhi: Varun Beverages Ltd., a franchise partner of PepsiCo on Monday said its two subsidiaries plan to...

Varun Beverages completes acquisition of South African bottler BevCo

VBL has also issued a corporate guarantee amounting to South African Rand (ZAR) 1,500 million (around Rs 660 crore) to secure credit facilities extended to BevCo by the FirstRand Bank thereNew Delhi: Varun Beverages Ltd, PepsiCo's largest franchise bottler,...

FMCG firms limit operations only to essential items

FMCG companies such as ITC, Nestle and Dabur on Tuesday said they are producing only the essential items at their manufacturing units amid the lockdown to prevent spread of coronavirus. According to a PTI report: The fast-moving consumer goods (FMCG)...

Varun Beverages to acquire PepsiCo franchise rights in South, West India

PepsiCo India's bottling partner Varun Beverages Monday said its board has approved plans to acquire franchise rights of the beverages and snacks major in South and West regions. The board has approved the company's intent to enter into a...

Varun Beverages Q2 profit rises 25 pc to Rs 307 crore

PepsiCo's largest franchise bottler Varun Beverages today posted 24.92 per cent increase in its consolidated net profit to Rs 306.78 crore for the second quarter ended June 30, 2018.Accorrding to a PTI report: The company, which follows calendar year...

Varun Beverages Q1 net profit rises over two-fold to Rs 19.73 crore

PepsiCo's largest franchise bottler Varun Beverages has posted over two-fold increase in its consolidated net profit at Rs 19.73 crore for the quarter ended March 31, 2018.According to a PTI report: The company had posted a net profit of...

Varun Beverages to set up greenfield production facility in Punjab

PepsiCo India's bottling partner Varun Beverages has announced setting-up of a greenfield production facility for select beverages in Punjab.According to a PTI report: In a BSE filing, the company said its plans to set-up a greenfield production facility (subject...

Varun Beverages acquires PepsiCo’s Jharkhand franchise

Varun Beverages on Friday said the company has acquired PepsiCo India's previously franchised sub-territory in Jharkhand and a manufacturing facility in the state."The company has concluded the acquisition of PepsiCo India's previously franchised sub-territory in the state of Jharkhand...

Varun Beverages posts Rs 34 crore profit in September quarter

PepsiCo's largest franchise bottler Varun Beverages on Monday reported over two-fold jump in its consolidated net profit to Rs 33.7 crore for the September quarter, as per a report by news agency PTI. The company had posted a net profit of Rs...

Top 12 Retail and Consumer Products Billionaires in India 2017

American business magazine Forbes released its annual list featuring richest people in the world on March 20, 2017. It was a record year for the richest people on earth, as the number of billionaires jumped 13 per cent to 2,043...
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Efficiency is our mantra: Raghav Agarwal of V-Bazaar

Raghav Agarwal, director, V-Bazaar Retail talks about the key strategies the brand adopts to compete in the competitive value-retail...
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