February 16, 2026

HCCB

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Big IPO: Coca-Cola lines up bankers for HCCB IPO; $1 billion listing planned -check details

contact@dailyupdatesindia.com03 mins

Coca-Cola has roped in investment bankers including Kotak, HDFC Group and Citibank for a proposed initial public offering of its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), with the issue size pegged at about $1 billion (around Rs 9,027 crore), people aware with the matter told ET.The world’s largest beverage maker is targeting a summer…

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HCCB, Coca-Cola India’s bottling arm, to lay off 300 employees; move to streamline operations

contact@dailyupdatesindia.com02 mins

Hindustan Coca-Cola Beverages (HCCB), the bottling arm of Coca-Cola India, is set to lay off around 300 staffers as part of a plan to improve profitability and streamline operations.The company has approximately 5,000 employees and 15 manufacturing units, bottles and distributes brands such as Coca-Cola, Thums Up, Sprite, Minute Maid juices and Kinley water.A company…

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