Hindustan Coca-Cola Holdings Ltd has filed its draft IPO papers with the Securities and Exchange Board of India. The planned IPO will involve the sale of up to 99.75 crore equity shares by the promoter. Coca-Cola aims to list HCCH by 2027 amid a global asset-light strategy for its bottling assets. The company operates through 14 bottling plants across India and has a significant distribution network.

As AI stocks correct, Goldman Sachs sees opportunity in healthcare & non-AI equities
https://timesofindia.indiatimes.com/business/international-business/as-ai-stocks-correct-goldman-sachs-sees-opportunity-in-healthcare-and-non-ai-equities/articleshow/135633954.cms

US midterm elections could shift market dynamics, prompting investors to adopt more defensive positions in their portfolios. Healthcare is anticipated to benefit from advancements in AI as it sees potential growth. Many traditional defensive sectors, however, appear less attractive due to elevated valuations. Goldman Sachs emphasizes the importance of focusing on companies with strong fundamentals for investment.

‘Loads more ahead’: British High Commission in India hails trade deal amid Diwali celebrations
https://timesofindia.indiatimes.com/business/india-business/loads-more-ahead-british-high-commission-in-india-hails-trade-deal-amid-diwali-celebrations/articleshow/135638967.cms