Tag - India market

American cola giants reach pre-Covid sales thanks to consumers in India


A strong recovery in Indian sales market led to cola giants Coca-Cola and PepsiCo’s healthy growth for 2021 globally. These American fast-moving consumer goods (FMCG) companies - selling aerated drinks and packaged snacks - managed to grow their sales beyond the pre-COVID levels of 2019, thanks to Indian consumers.   During the fiscal ended 25...

Hit by US elections uncertainty, rupee plunges to 2-month low


Mumbai: The uncertainty regarding the US election outcome impacted the Indian rupee which plunged to a two month low mark during Wednesday's trade session. The rupee hit an intra-day low of 74.88 as there were indications that the US presidential results might be contested in courts. "Markets would not like a delayed result, which can lead...