The southern Indian state of Kerala has passed a new law that will allow people to seek compensation from the soft-drink giant Coca-Cola. The company is mired in controversy over its bottling operation in Palakkad district, which campaigners say has caused environmental damage. They say it has also led to a severe water shortage in the area. Coca-Cola's Indian subsidiary - Hindustan Coca-Cola Beverages (HCCB) - has rejected the charges. In a statement, it...
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JPC route won't help swift prosecution: Shourie by N Rahul
The former Union Minister, Arun Shourie, has opposed any probe by a Joint Parliamentary Committee (JPC) into the 2G spectrum scam, stating that it would become an excuse for the government to slow down the prosecution process. Mr. Shourie said at a meeting organised by an NGO, Manthan, here on Thursday that a swift and speedy prosecution was required in the case, but the JPC would take two years to complete...
More »Growing more crops with far fewer drops by Dominic Kailashnath Waughray
A fast growing economy is a thirsty economy and India is no exception—with the country’s water supply already under great strain, India must reassess its consumption to meet escalating demands for water to produce food and energy. Business-as-usual water practices cannot remain the same in India as the economy and its demand for freshwater grows over the coming decades. With an astounding 75% of freshwater already used for agriculture in India,...
More »Coca-Cola applies to food safety body on new sweetener by Viveat Susan Pinto
In what will be a first for an Indian company, the local unit of beverage giant Coca-Cola has applied to the Food Safety and Standards Authority of India (FSSAI) for permission to use stevia, a natural sweetner, in its products. Coca-Cola, in a joint application with Malaysian company, Pure Circle, which specialises in extraction of natural goodness from plants, has requested for use of stevial glycosides (commonly called stevia) singly or...
More »Business leaders worried about biodiversity loss, UN-backed report finds
One in four corporate titans worldwide view biodiversity loss as a threat to their business growth, according to a new United Nations-backed study released today. It found that more than half of chief executive officers surveyed in Latin America and 45 per cent of their counterparts in Africa see biodiversity decline as detrimental to profits, compared to less than 20 per cent in Western Europe. The publication also found that business...
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