Coca-Cola India’s bottling arm, HCCB to lay off about 300 staffers
Hindustan Coca-Cola Beverages(HCCB), the bottling partner for Coca-Cola India, is soon going to conduct a mass layoff with 300 employees. The company is comprised of 5,000 employees with 15 manufacturing facilities. The brands it offers services for and/or represents are Coca-Cola, Thums Up, Sprite, Minute Maid juices, and Kinley bottled…
Bristol Myers Lines Up Multiple India Launches, Bets on AI to Speed Commercialisation
A company that has registered over 48 billion dollars in sales in the previous year, Bristol Myers Squibb (BMS), is gearing up for an array of product launches in the Indian market as it looks to leverage its strong late-stage product portfolio and its foray into AI-led commercialization. The pharma…
West Bengal Launches Major Dairy Processing Plant in Nadia
In West Bengal, a new milk processing unit with a processing capacity of 1.5 lakh litres of milk per day has been launched in Nadia. The new unit is expected to help enhance milk processing, as well as provide additional income opportunities for farmers. In a bid to upgrade its…
HCL to buy business intelligence platform Jaspersoft for $240M
HCLSoftware, the software arm of IT services behemoth HCLTech, has declared that it intends to acquire the business intelligence platform, Jaspersoft, from Cloud Software Group. This acquisition will be an asset-carve out deal with a price tag of $240 million. The entire staff of Jaspersoft, consisting of 115 people, will…
