Newsmakers: Moody's on Indian economy, Coca Cola to sell dairy drinks and more

Key business news events for the day

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Coca Cola to enter dairy drinks segment in IndiaBeverages firm Coca Cola on January 25, 2016 announced its foray into value-added dairy drinks segment in the Indian market with Vio brand, which will make its debut across the country next month. The company, which will introduce two flavours under Vio, has tied up with Reliance Retail as part of pilot launch to make the brand available exclusively across the latter's 500 stores starting tomorrow.

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French firms to invest $10 billion in IndiaFrench companies will invest $10 billion in India over the next five years, chiefly in the industrial sector, Finance Minister Michel Sapin said during a visit by President Francois Hollande to India. "Over the last five years, French companies have invested more than $1 billion per year in India," Sapin said in a speech to the Federation of Indian Chambers of Commerce and Industry in New Delhi.

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India's economic exposure to external risks gone up: Moody'sGlobal credit rating agency Moody's Investors Service and its Indian affiliate ICRA Ltd on Monday said their poll said India's economic exposure to external risks has gone up during the past seven months. In a statement, Moody's said the poll was conducted during Moody's and ICRA's India Outlook Conference in Mumbai on 13 January 2016.

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RCom raises annual investment to Rs 4,000 cr Telecom operator Reliance Communications has raised its annual investment to Rs 4,000 crore with focus on 3G services while it ended 2G service in five circles including Bihar, West Bengal and Assam.

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Govt may infuse more than Rs 70,000 cr into public banksThe Finance Ministry is considering infusing more than the announced Rs 70,000 crore in public sector banks to help strengthen their balance sheets. "We are assessing the capital requirement position of each bank depending on their bad loans and, if need be, we may have to expand the capital infusion programme," said a ministry official.