Latest news with #Coca-Cola
Yahoo
an hour ago
- Business
- Yahoo
‘The Best Addiction One Could Have': Warren Buffett Credits This Vice for His Career of Success
Most 'addictions' come with a warning label, but Warren Buffett's self-confessed vice is an exception — and it's one that he claims has fueled his rise to legendary status in the investing world. For Buffett, reading isn't just a pastime; it's the engine behind his imagination, decision-making, and enduring edge in knowledge: a daily ritual that he credits as the cornerstone of his extraordinary success. Warren Buffett once asserted that 'Reading could be the BEST addiction one could have. The only proven side effect is imagination & an edge in knowledge.' This encapsulates a philosophy that has shaped his career and investment approach for decades. 3 ETFs with Dividend Yields of 12% or Higher for Your Income Portfolio Nvidia Is Quickly Approaching a New Record High. Is It Too Late to Buy NVDA Stock? Unusually Active Put Options Signal Long Straddle Opportunity After Zoetis Downgrade Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Buffett's rationale is rooted in the idea that knowledge compounds over time, much like interest. He has famously advised aspiring investors to 'read 500 pages like this every day. That's how knowledge works. It builds up, like compound interest. All of you can do it, but I guarantee not many of you will do it'. This advice highlights Buffett's conviction that continual learning is the surest way to gain an edge in the markets. Buffett spends up to 80% of his working day reading and thinking — a habit he developed early in life and one he credits as foundational to his success. For Buffett, reading is not just about staying informed; it is about cultivating a broad, deep, and nuanced understanding of businesses, markets, and the world at large. Buffett's reading habit has repeatedly given him the insight and confidence to make bold, contrarian investments: Coca-Cola (KO): In 1988, Buffett invested heavily in Coca-Cola despite negative sentiment following the 'New Coke' fiasco. His extensive reading helped him recognize the enduring strength of the brand and its business model, leading to one of his most successful investments. American Express (AXP): After a major financial scandal in the 1960s, Buffett's deep understanding — built through research and reading — allowed him to see value where others saw only risk. His investment in American Express became another legendary win. Japanese Trading Houses: One of Buffett's biggest overseas investments is five conglomerates in Japan. According to his most recent annual shareholders meeting, he discovered they were all severely undervalued by reading into them, so he decided to invest billions. These examples illustrate how Buffett's voracious reading habit equips him to look beyond headlines and market noise, identifying durable competitive advantages and undervalued opportunities. To follow in Buffett's footsteps, investors should: Commit to Lifelong Learning: Make reading a daily habit. Focus on annual reports, trade publications, books on business and investing, and credible news sources. Diversify Reading Material: Don't limit yourself to finance. Broader reading — covering history, psychology, science, and biographies — helps develop a well-rounded perspective for better decision-making. Reflect and Think: Buffett emphasizes not just reading, but also taking time to think. Digesting and reflecting on information is crucial for turning knowledge into actionable insight. Be Patient: Knowledge, like capital, compounds over time. The benefits of reading accrue gradually, but become a powerful advantage over years and decades. Buffett's approach has been described as the 'Buffett Formula': strive to go to bed a little smarter each day than when you woke up. This incremental improvement, driven by reading and reflection, is accessible to anyone willing to put in the effort. Buffett's 'addiction' to reading is not a quirk — it is a deliberate, disciplined strategy that has underpinned his extraordinary investing career. For investors seeking an edge, embracing Buffett's reading habit offers not just knowledge and imagination, but a lasting advantage in the pursuit of financial success. On the date of publication, Caleb Naysmith did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News18
4 hours ago
- Entertainment
- News18
Abhishek Banerjee Knew Siddhant Chaturvedi Had A Spark Even Before Gully Boy
Last Updated: Abhishek Banerjee noted that Siddhant Chaturvedi embodies a new generation of Bollywood actors who blend style with depth and aren't afraid to take bold creative risks. Abhishek Banerjee, known for his compelling performances and experience as a casting director, recently shared his thoughts on rising talent in the entertainment industry. Speaking fondly of Siddhant Chaturvedi, Banerjee described him as a standout performer, someone he considers a rare find with the potential to leave a lasting mark in the industry. In conversation with Raj Shamani, Abhishek Banerjee said, 'Siddhant Chaturvedi is my rarest find. I'll take his name because he has given very important performances. We cast him in Inside Edge as the character of a Dalit bowler — and that choice is deliberate and important to highlight." Expressing his admiration further for Chaturvedi, Banerjee said, 'The first time I saw him, I knew there is something remarkable about this man. Siddhant who is a hero today, and imagined in all different stylish, glamorous roles — we had envisioned him as a lower-caste sportsman, someone who was oppressed and bullied." Banerjee added that Siddhant Chaturvedi represents a refreshing new wave in Bollywood — performers who blend style with substance and aren't afraid to push creative boundaries. He recalled first casting Chaturvedi in a Coca-Cola commercial, followed by a role in Inside Edge, before the actor went on to earn widespread acclaim for his breakout performance in Gully Boy. This endorsement only fuels the excitement surrounding Chaturvedi, whose upcoming projects are already generating buzz. He is set to star in Dhadak 2 opposite Triptii Dimri, and will also appear alongside Jaya Bachchan and Wamiqa Gabbi in the comedy Dil Ka Darwaaza Khol Na Darling. Meanwhile, Abhishek Banerjee continues to make his own mark in cinema, best known for his role in the Stree franchise. His recent film Stolen has earned global attention, breaking into the top 10 trending films on Prime Video in both India and the United States. First Published:
Time of India
9 hours ago
- Business
- Time of India
Meet Jayanti Chauhan, a billionaire leading a Rs 7,000 crore empire and giving tough competition to Ambani & Tata
Jayanti Chauhan: In the world of business, men have traditionally dominated boardrooms for decades. But today, powerful women like Jayanti Chauhan are taking charge and transforming industries. She is not just any businesswoman—she's the one who stood firm against giants like Mukesh Ambani, Ratan Tata, Coca-Cola, and Pepsi. She turned down a whopping Rs 7,000 crore deal and chose to lead her father's legacy, Bisleri, into a new era. Who is Jayanti Chauhan? Jayanti Chauhan is the daughter of Ramesh Chauhan, the founder of Bisleri, India's most recognised packaged drinking water brand. Today, she runs a business empire worth Rs 7,000 crore, making her one of the most powerful businesswomen in India. Her journey in the industry has been nothing short of inspirational. Taking Over Bisleri and Cancelling Tata's Mega Deal In 2022, Ramesh Chauhan was close to selling Bisleri to the Tata Group for Rs 7,000 crore. Due to his age and the absence of a successor, he planned to hand over the company. At first, Jayanti wasn't interested in joining the business. But when she realised that Bisleri might go into someone else's hands, she stepped in with full force. Her decision brought the Tata deal to a halt, and she took over the reins of Bisleri International, marking the beginning of a bold and visionary leadership era. A New Chapter Begins: Challenges and Achievements Jayanti Chauhan began her career at Bisleri at just 24. With guidance from her father, she focused on revamping underperforming factories and pushing forward automation processes to modernise operations. She worked from the ground up and gained in-depth knowledge about Bisleri's various departments, from production to distribution. Her hands-on approach helped her lead the company's new product development drive, especially in the carbonated soft drink (CSD) segment, marking Bisleri's entry into fizzy beverages. Competing With Giants: Mukesh Ambani's Campa Cola and Global Brands In 2022, Mukesh Ambani relaunched Campa Cola under Reliance Consumer Products, reviving nostalgia and directly challenging global soft drink leaders like Pepsi and Coca-Cola. With Reliance's reach and strategic strength, Campa Cola quickly gained market share. However, Bisleri, now led by Jayanti Chauhan, has entered this competitive market with confidence. The company is exploring opportunities in the fizzy drink segment, and its innovative approach makes it a serious competitor against brands backed by Mukesh Ambani and Ratan Tata. Jayanti Chauhan's Education and International Exposure When it comes to education, Jayanti Chauhan brings an impressive and diverse background. She studied Product Development at the Fashion Institute of Design and Merchandising (FIDM) in Los Angeles. She later pursued Fashion Styling at Istituto Marangoni, Milan, and went on to study at SOAS, University of London. Adding to her rich educational profile, she also studied Photography and Fashion Styling at the London College of Fashion. Her global exposure and creative training have helped shape her unique leadership style. Building Bisleri's Future With Innovation and Sustainability Under Jayanti's leadership, Bisleri continues to focus on innovation, sustainability, and customer satisfaction. She has also shown a deep commitment to animal welfare, aligning the brand with responsible and ethical values. From launching Vedica Himalayan Spring Water to pushing sustainable packaging and new product lines, she's making sure Bisleri remains relevant in today's fast-changing market. Style and Substance: A Leader with Beauty and Brains Described by many as 'as glamorous as a Bollywood star,' Jayanti Chauhan is more than just a pretty face. With her sharp mind, strong leadership, and clear vision, she continues to grow Bisleri's legacy. Her ability to navigate the business world with confidence and class has turned her into a role model for aspiring entrepreneurs, especially women. Jayanti Chauhan vs Mukesh Ambani and Ratan Tata: The Battle of Brands While Mukesh Ambani's Campa Cola is making waves, and Ratan Tata is always in the spotlight for strategic investments, Jayanti Chauhan is quietly but powerfully building a stronghold in the beverage industry. Her decision to keep Bisleri independent has set her apart and turned her into a fierce competitor to some of India's biggest business names. With a business empire worth Rs 7,000 crore, Jayanti Chauhan has proved that determination, innovation, and vision can break all barriers. Turning down a deal from the Tata Group, going head-to-head with Mukesh Ambani, and leading Bisleri with a fresh perspective, she is redefining leadership in the Indian business world. Bisleri International Shareholding and Profits As of 31 March 2024, Ramesh J Chauhan owned 54% of Bisleri International, while his daughter, Jayanti R Chauhan, held 33% of the company's shares. The remaining 13% is owned by his wife, Zainab R Chauhan, as per data from Tofler. Bisleri is the leading brand in India's packaged water market and competes with big names like Coca-Cola's Kinley and PepsiCo's Aquafina. In the financial year 2023–24, Bisleri International's net profit increased by 82.8% to Rs 316.95 crore, while its revenue from operations grew by 14.8%, reaching Rs 2,689.69 crore, according to a company filing with the Registrar of Companies (RoC). The company's total consolidated revenue rose by 18.32% to Rs 2,814.04 crore by the end of March 31, 2024, supported by other sources of income. This marks Bisleri's highest revenue in the past five years. Bisleri International remains a strong family-owned business under the leadership of Ramesh J Chauhan, also known as RJC, and his family. Whether it's her international education, bold business moves, or sustainable approach, Jayanti Chauhan is undoubtedly a rising force and a name that will continue to shine in India's corporate future. For the latest and more interesting financial news, keep reading Indiatimes Worth. Click here
Glasgow Times
15 hours ago
- Business
- Glasgow Times
Free personalised Coke Zero cans at SPAR in Glasgow
The event will take place at SPAR Cardonald at 50–52 Allanton Crescent on Saturday, June 21, from 12pm. Customers will have the opportunity to visit the Coca-Cola "Share a Coke" personalisation station to get their names printed on Coke Zero cans. Read more: Man arrested after early morning 'armed robbery' Major new housing development in Glasgow district put on the market Beloved member of Glasgow's Deacon Blue sadly dies The first 500 customers will get their customised can for free. Paula Middelton, head of marketing, said: 'Names are a big part of identity, and this event brings a bit of joy to something so simple, we are looking forward to Saturday's event with Coca Cola and the glorious sunshine forecast too. "We love doing things that bring the community together, and this is one of those small but memorable experiences we're proud to host.'
Mid East Info
a day ago
- Business
- Mid East Info
Majid Al Futtaim Collaborates with Coca-Cola Middle East and Sparklo Furthering its Commitment to Promoting Circular Communities
The partnership will see Coca-Cola Middle East sponsor a few Reverse Vending Machines RVMs in key Carrefour locations, serving as an extension to Carrefour's existing recycling efforts. The aim is to collect 1.8 million bottles a year, which can reduce CO ₂ emissions. Dubai, United Arab Emirates, June 2025 : Majid Al Futtaim, which owns the exclusive rights to operate Carrefour in the UAE, announces its partnership with Coca-Cola Middle East and Sparklo, a UAE-based cleantech company, to boost Carrefour recycling efforts under the Reverse Vending Machine (RVM) initiative. This collaboration, driven by a shared commitment to building a community of eco-conscious customers and a focus on innovation, will see Coca-Cola co-operate RVMs in key Carrefour locations across the UAE, building on the programme's proven success in promoting collection and recycling and contributing to the UAE's ambitious sustainability agenda. Carrefour's RVM initiative, powered by Sparklo's innovative technology, was launched in July 2023, and since then it has empowered customers to actively support circularity by incentivising recycling. Using the Sparklo app, users earn points for each item recycled and they can redeem the points for rewards from participating partners. Rewards include savings at Carrefour, discounted taxi rides, among others. Based on the 2024 Sparklomats RVMs results, the partnership is projected to collect over 1.8 million plastic bottles and aluminium cans annually, with an average of over 1,000 containers per day, helping to contribute to CO₂ emissions reduction. Commenting on the partnership, Jean-Luc Graziato, Chief Operating Officer at Majid Al Futtaim – Retail , said: 'We are committed to playing an active role in advancing sustainability across the UAE, in support of the nation's vision for environmental leadership and its ambitious goals around waste reduction and responsible consumption. Our partnership with Coca-Cola and Sparklo is a powerful example of how collaboration can drive scalable impact. By leveraging advanced technologies, we are transforming our retail spaces to serve greater purpose; empowering customers to actively participate in building a circular economy.' 'At Coca-Cola, we aim to grow our business in ways that drive positive change and build a more sustainable future for our planet. Through our partnership with Majid Al Futtaim and Sparklo, we are making it easier for people in the UAE to recycle and contribute to circularity and sustainability. This initiative is part of our broader efforts to improve waste collection and strengthen local recycling infrastructure, helping to build a circular economy where packaging is collected, recycled, and reused,' said Andrew Buckingham, Vice President and General Manager at The Coca-Cola Company Middle East. 'We're glad to see our joint initiative with Majid Al Futtaim now supported by Coca-Cola. It shows a shared commitment to making it simple and engaging for people to recycle bottles and cans. Together, we're building the infrastructure to collect every bottle in the UAE and show what real progress on sustainability can look like,' added Maxim Kaplevich, Founder and CEO of Sparklo. The collaboration also supports the ambitions of the UAE Circular Economy Policy 2031, which aims to divert 75% of waste from landfills by 2030 by promoting recycling, reusing material, and reducing reliance on raw resources. Through the initiative, Carrefour, Coca-Cola, and Sparklo are accelerating the UAE's transition towards a waste-free, circular economy. The co-operated machines are located across Carrefour stores at Ibn Battuta Mall, City Centre Mirdiff, City Centre Deira, and Burjuman Mall in Dubai, and Dalma Mall in Abu Dhabi. About Majid Al Futtaim Retail: Founded in 1992, Majid Al Futtaim is an Emirati-owned, diversified lifestyle conglomerate operating shopping malls, communities, retail and leisure outlets, across the Middle East, Africa and Asia. The Group employs 43,000 people, with owned assets valued at US$19 billion, and has the highest credit rating ( BBB) among privately held corporates in the region. Majid Al Futtaim Retail holds the exclusive rights to operate Carrefour across 12 markets in the Middle East, Africa, and Asia, with a network of over 390 stores. It is also the owner and operator of HyperMax, a new grocery retail brand with 44 locations in Jordan and Oman. Additionally, the Group operates Supeco, its latest grocery retail concept—a low-cost hybrid model that combines a traditional supermarket with a wholesale warehouse—across 15 locations in Egypt, and Myli, the Group's health and beauty brand, operating in 12 stores across Asia and North Africa. To meet the growing needs of its diverse customer base and communities, Majid Al Futtaim Retail offers omnichannel customer experiences tailored to the needs of the modern consumer. Through its innovative physical and digital customer services, Majid Al Futtaim Retail provides access to an unrivalled choice of quality products, at unbeatable value for over 700,000 customers it serves daily. Aligning with the Group's commitment to support local economies, local producers and suppliers, Majid Al Futtaim Retail resources over 80 percent of its products from the region. About Coca-Cola Middle East: The Coca-Cola Company (NYSE: KO) is a total beverage company, with products sold in more than 200 countries and territories. The Coca-Cola Company Middle East operation spans across 12 markets including GCC countries, Iraq, Yemen and the Levant. With 23 bottling plants across the region, our portfolio includes nearly 20 sparkling soft drink brands including Coca-Cola, Sprite, Fanta, Thums Up, QJ, Canada Dry and Schweppes; our hydration and juice brands include Arwa, Crystal, Al Waha, Dasani minera, Safia, Minute Maid, Cappy, Fuze Tea and glaceau smartwater. Our company's purpose is to refresh the world and make a difference and we're constantly transforming our portfolio to bring innovative new products with something for everyone. We also seek to positively impact people's lives, communities and the planet through our sustainability initiatives – from water replenishment to waste management, recycling to women empowerment initiatives while we continue to create a rewarding ecosystem for our employees, partners, consumers and customers. About Sparklo: Sparklo is a global UAE-based cleantech company that revolutionises the recycling industry and encourages sustainable practices worldwide. Through its innovative reverse vending machines (RVMs) known as Sparklomats, the company motivates users to recycle plastic bottles and aluminium cans by offering engaging rewards. Sparklo's cutting-edge software and hardware solutions utilise AI and machine learning to optimise recycling processes, making it fun and easy for individuals to contribute to a sustainable lifestyle. With a growing network of more than 250,000 users in the UAE alone, Sparklo collects over 200,000 bottles and cans daily. The company operates in over ten countries, including the UAE, Saudi Arabia, Oman, Qatar, Vietnam, India, Thailand, Kazakhstan, and Georgia.
