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PepsiCo India’s bottling partner Varun Beverages Monday said its board has approved plans to acquire franchise rights of the beverages and snacks major in South and West regions. The board has approved the company’s intent to enter into a binding agreement…
Food and beverages major PepsiCo India is betting on digitisation as a big growth opportunity and is looking at using technology in both backward and forward integration. According to a report: The maker of Lay’s, Kurkure and many a cola brand, including…
One of the largest beverage makers in the world is hoping to ‘capture’ Vietnamese taste with its new canned coffee product. Coca-Cola, one of the two biggest players in the Vietnamese carbonated beverages market, has entered the canned coffee market with…
Food and beverages firm PepsiCo India is planning to install reverse vending machines to crush PET plastic bottles in all the 36 districts of the state over the next two years as part of its plastic waste management initiative, a top executive said. According…
PepsiCo said its head of beverages Vipul Prakash has quit the company to pursue an entrepreneurial opportunity outside the company. The company announced appointment of another PepsiCo stalwart Vishal Kaul, who recently re-joined the India team, to replace…
PepsiCo, Inc. and SodaStream International Ltd. announced that they have entered into an agreement under which PepsiCo has agreed to acquire all outstanding shares of SodaStream for US $144.00 per share in cash, which represents a 32 percent premium to the…
Indian American business executive Indra K. Nooyi will step down as the Chief Executive of food and beverage major PepsiCo Inc in October, the company said on Monday. According to the US-based multinational, Nooyi, 62, will step down on October 3 after 24…
PepsiCo on Wednesday expressed its commitment to support the plastic ban enforced in Maharashtra, India, including the extended producer responsibility for PET plastic waste bottles, a top company official said. PepsiCo India President and CEO Ahmed ElSheikh…
Food and beverage giant PepsiCo has suspended procurement from a palm oil supplier over claims of labor abuses on its Indonesian plantations, a move hailed by campaigners on Wednesday (24/01). A 2016 probe by several campaign groups alleged there were child…
