Higher margins, asset turnover should boost return on equity; Street sees 15-20 per cent upside potential
PepsiCo had filed the suit against potato farmers Fulchandbhai Kachchhawa and Sureshbhai Kachchhawa at the Deesa court for growing FC-5 variety of potato
Government assures long term resolution over seed protection, company says after popular backlash.
PepsiCo in April sued the four farmers for cultivating a potato variety grown exclusively for its popular Lay's potato chips.
Pepsico has unfairly targeted Indian farmers
In addition, a dedicated coordination committee under the Kisan Adhikar Manch is being set up to assert rights of farmers over seeds and crops
In the interim, the court's previous order of a stay on the farmers from growing and selling the potatoes continues till the next hearing on June 12
In February, VBL had announced its plans to acquire franchise rights of PepsiCo in southern and western regions
Mumbai, 30 October The country's largest food service operator, Jubilant FoodWorks, announced it was appointing PepsiCo as its beverage partner for Domino's Pizza. This ends a two-decade partnership with Pepsi's arch rival, Coca-Cola. The move, it said, was in line with global realignments, and would bring fresh perspective and focus to its beverage business within stores. Jubilant runs 1,167 Domino's stores in India, accoring to its results for the July-September period.The partnership will see PepsiCo's portfolio of carbonated drinks -- including Pepsi, Mountain Dew, 7Up and Mirinda, alongwith Lipton Ice Tea -- available at all Domino's outlets in the country. The beverages will also be sold in all new stores of the brand, the company said on Tuesday."We are delighted to announce PepsiCo as our beverage partner. We look forward to greater beverage variety, thereby enhancing the Domino's Pizza experience," stated Pratik Pota, chief executive officer and whole-time director at ...
AMENA zone reported an increase of 17 per cent in profit and 7 per cent in volume growth in the food/snacks and 2 per cent in beverages, PepsiCo said in its third quarter report for 2018.
One of the top three markets in Asia, West Asia Middle East & North Africa region, India helped it post double digit revenue growth for the region
In the quarter, Pepsi's key drinks business got a boost from core brands including Pepsi, Mountain Dew and Gatorade
The new pack, available in a 250-ml size for Rs 20, will retail in Maharashtra, where a plastic ban has been introduced since June
Earlier this month, SodaStream reported its strongest results in company history, a 31 percent year-over-year jump in revenues to $172 million
Nooyi is an alumnus of Indian Institute of Management, Calcutta and Yale University
All the major changes are effective January 1, 2018
The cola major is investing more in the brand and redefining its cool factor for the core demographic
Mirinda Joosy will be available in Tamil Nadu and is priced at Rs 35 per 500ml bottle
Launches 2 vitamin-fortified flavoured drinks to cash in on growing segment
As president, Ramon Laguarta will report to Indra Nooyi, who says she'll be the future CEO