Coca-Cola is preparing to list its Indian bottling arm, Hindustan Coca-Cola Beverages (HCCB), through an IPO this summer to raise approximately $1 billion. The company is valued at nearly $10 billion, with investment bankers like Kotak, HDFC Group, and Citibank onboard. This move aligns with Coca-Cola’s global strategy of focusing on brand building rather than direct ownership of capital-intensive operations.
Rajeev Thakkar on when to hold, when to exit, and why most get it wrong
PPFAS CIO Rajiv Thakkar said successful investing depends more on patience than frequent trading. He advised avoiding unnecessary selling, profit booking and reactionary decisions, while