sell-off

FIIs sold Indian stocks worth $1.3 billion this week. Will the sell-off deepen?

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FIIs sold Indian stocks worth .3 billion this week. Will the sell-off deepen?

Led by a confluence of global factors like sharper-than-expected weakening of the US labor market, unwinding of Yen carry trades and rising geopolitical tensions in the Middle East, FIIs withdrew $1.3 billion from the Indian stock market in the week. However, buying of around $2.2 billion worth of equities by domestic institutional investors last week … Read more

Coca-Cola transfers bottling operations to streamline supply chain

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Coca-Cola transfers bottling operations to streamline supply chain

NEW DELHI: Beverage major Coca-Cola announced the transfer of its company-owned bottling operations in three territories in the north, east, and north east, in a bid to streamline the supply chain. The move to refranchise the company-owned bottling operations to three of its existing franchise bottlers is focused on streamlining the supply chain in the … Read more