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2026-01-15 01:55:14| The Economic Times

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.

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2026-01-15 01:33:35| The Economic Times

The Reserve Bank of India has introduced new banking rules for calculating foreign exchange risk capital charges, aiming for international alignment. Banks will now compute these requirements continuously at consolidated and standalone levels, with changes effective April 1, 2027. The RBI also allows exclusion of specific 'structural' foreign exchange positions under strict conditions.

Category: News and Media

2026-01-15 01:28:19| BBC News | Business | World Edition

Grok will no longer allow users to remove clothing from images of real people, a statement posted on X reads.

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15.01 Thursday Watch 15.01 Asian shares set for weaker open, crude oil falls 15.01 Wall Street ends lower, led by drop in Nasdaq, with tech, banks falling 15.01 Market Holiday: Can investors trade gold, silver on MCX today? 15.01 Stock Market Holiday: Are NSE, BSE closed for trading today for Maharashtra Municipal election? 15.01 Coca-Cola plans to pop the cap on $1 billion HCCB IPO this year 15.01 RBI tightens forex risk norms, aligns capital rules with global standards 15.01 X to stop Grok AI from undressing images of real people after backlash More »