Varun Beverages to acquire 50% stake of Sri Lankan visi-cooler maker

(0)
News

Varun Beverages Ltd, a key PepsiCo bottler, plans to acquire a 50% stake in Everest Industrial Lanka (EIL) for USD 3.75 million. VBL stated that this strategic acquisition will enable the company to internally source its requirements for visi-coolers within its own group. This move is expected to streamline its supply chain and potentially lead to cost efficiencies in the long run.

Leave a Reply Cancel reply

SBI job rejection over poor credit score: Madras HC ruling stresses financial discipline for banking, finance careers
The Madras High Court upheld SBI’s decision to cancel a job offer due to poor credit history, reinforcing the importance of maintaining a clean credit score for careers in banking and finance.
Thinking of loan settlement? Here's how it can damage your credit score and future borrowing
Loan settlement can provide short-term relief for borrowers facing financial difficulties but negatively impacts credit scores. Settled loans are marked as negative events, potentially hindering future borrowing for up to seven years. 
Personal loan: How does it help create a healthy credit mix?
Aside from meeting financial needs, a personal loan helps the borrower create a healthy credit mix, which is a blend of different credit accounts on credit report.
Groww’s switch to demat MFs: What investors gain—and what they could lose
Groww’s shift to demat mode for mutual fund investments has sparked user confusion—but it may not be a bad deal. Here’s what investors need to know.
Short-term or long-term personal loan: Which option is better for your finances? Find out now
Short-term or long-term personal loan: Choosing the right tenure for a personal loan is essential for long-term financial security. It impacts your monthly EMI, total interest, and credit status. Consider your risk tolerance, income, and future plans to find a suitable repayment period.
How secured credit cards can help you build a good credit score?
Secured credit cards are issued against the fixed deposit (FD) opened with the issuing bank. For instance, IDFC First Wow, Sbi Card Unnati and BOB Prime Credit Card
Avoid these mistakes while making a Will
You need to ensure that you cover all the assets in detail.
The silent tax: How inflation erodes wealth, and what investors can do about it
Inflation may not make headlines like market crashes, but it's always working—silently chipping away at your wealth. Here's why real returns, not nominal ones, matter most.
Personal loan: Major banks charge these interest rates in July 2025
Since personal loans – being unsecured – charge a relatively higher rate of interest from borrowers, it is vital to compare the rates charged by different lenders before borrowing
Overdraft vs personal loan explained: Key benefits, rates and when to choose each
This article compares overdrafts and personal loans and outlines key differences, interest rates, use cases, and repayment structures to help borrowers choose the right credit option for their financial needs.

Varun Beverages to acquire 50% stake of Sri Lankan visi-cooler maker

Leave a Comment

Leave a Reply Cancel reply