Coca-Cola And PepsiCo

PepsiCo had planned to launch its own so-called functional soda under the brand Soulboost, but decided to scrap that effort because of early indicators it wouldn't succeed

A health rating system found that the average score for products across 30 companies was 1.8 out of 5 for low-income countries, while it was 2.3 for high-income countries

India's $4.6 billion soft drink market has long been dominated by Coca-Cola and PepsiCo, but Reliance's entry is now causing a stir

Sugar and cans previously were transported to West Bank bottlers from Jordan via the bridge, which has been closed for quite some time now

Executives said that the deal will be formalised and announced by the end of next quarter

Quincey told investors, "India had a knock-out quarter clearly they are having a very strong run this year. He also said that the company is looking to continue to invest strongly in the country.

The company said it now sees organic revenue growth of 14% to 15% for the full year. In July, Coca-Cola increased its full-year outlook from 12% to 13%

The duration of this lockdown is uncertain at this point in time and will depend upon directives issued by the respective government authorities.

Experts say the Pepsi campaign reflects a new reality for cola brands where the product, increasingly seen as an unhealthy beverage, does not feature prominently in the narrative

While one is leaning on outsourcing of bottling business in India, the other is streamlining operations to stay relevant