Stating that the consolidated impact of the step is equivalent to a reduction in global warming achieved by 35 lakh trees per year, HCCB said, "The milestone is in sync with the company s plan to reduce its carbon emissions 25 per cent by 2030 from a 2015 base year."
Coke, Pepsi, Bisleri fined for violating plastic waste disposal rules
While, Bisleri has been fined Rs 10.75 crore, PepsiCo India Holdings and Hindustan Coca-Cola Beverages have been penalised Rs 8.7 crore and Rs 50.66 crore
BusinessToday.In | February 10, 2021 | Updated 18:49 IST
Central Pollution Control Board (CPCB) sent notices to Beverage makers Coke and Pepsi and bottled water maker Bisleri imposing heavy fines on them
Beverage makers Coke and Pepsi and bottled water maker Bisleri have been fined by the Central Pollution Control Board (CPCB) for violating filing statutory returns to government bodies concerning the collection and disposal of plastic waste.
The pollution control board sent notices to the companies imposing heavy fines on them. While Bisleri has been fined Rs 10.75 crore, PepsiCo India Holdings and Hindustan Coca-Cola Beverages have been penalised Rs 8.7 crore and Rs 50.66 crore, the Times of India reported.
Coca-Cola unit is the latest company to face taxman’s scrutiny for alleged evasion of GST
Hindustan Coca-Cola Beverages Pvt Ltd gets show-cause notice for allegedly not paying taxes on the promotional and marketing amount it received from parent. The company confirms receipt of notice, says it fully complies with regulations.
HCCB is the latest company that has come under the gaze of authorities for alleged tax evasion.
A division of the department tasked with collecting goods and services tax (GST) has launched an investigation into the Indian bottling unit of Coca-Cola for alleged evasion of tax, said people familiar with the matter.
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HCCB
Dinesh Jhadhav, Executive Director, Marketing Operations, HCCB
For years, out-of-home consumption used to bring the majority of business for FMCG manufacturer Hindustan Coca-Cola Beverages (HCCB). The brand, which was incorporated in 1997, is responsible for manufacturing, packaging, distribution, selling, merchandising, and market execution for Coca-Cola India’s products.
Coca Cola India's manufacturer used to rely on sales at restaurants, stalls, and stores. Now, it's effectively tapping Swiggy and Dunzo to boost sales.