Reliance Industries

Proxy advisors against Anant Ambani, Meswani appointment as RIL whole-time directors

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Institutional Investor Advisory Services India Ltd (IiAS) and Stakeholder Empowerment Services (SES) have issued recommendations against the resolutions, citing issues around compensation and, in one case, a conflict of interest. Ambani, 30, the youngest son of Reliance chairperson Mukesh Ambani, has less than a decade of experience in the relevant work, the proxy advisor said … Read more

Coca-Cola sees India volumes drained in peak summer due to early rain, India-Pakistan conflict

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New Delhi: The Coca-Cola Co. has said its beverage volumes in India saw a decline during the three summer months ended June 27, and attributed it to unseasonal rains and the India-Pakistan conflict, which dampened consumer sentiment in the region. “In India, after a strong start to the year, volumes declined as our business was … Read more