PepsiCo India has invested $100 million over the last few months in hiking production capacity by 40 per cent and improving infrastructure, and expects to add up to 60 million new customers this year.
The plant at Pudussery was found to have been depleting the water table in the locality over the years.
PespsiCo president Indira K Nooyi on Monday said the company's products in India were absolutely safe and asserted that it was ready to abide by any government standards.
A legal notice was served to Pepsi and Coca-Cola asking them to immediately stop their sales in India or else face $10 billion in damages on the grounds of causing health hazards.
PepsiCo Inc. on Thursday named some key executives to expanded posts and said fourth-quarter profit jumped 21 per cent, driven by a 4 per cent volume increase as consumers tried its new snacks and drinks.
Both PepsiCo's 'Youngistaan' brand ambassadors -- Virender Sehwag, captain of Delhi Daredevils, and Ishant Sharma, member of Kolkata Knight Riders -- have been formally present at various promotional activities for arch-rival Coca-Cola India, simply because Coca-Cola is the associate sponsor and the official pouring partner for both Delhi Daredevils and Kolkata Knight Riders.
On Nooyi, who is now in her 10th year as CEO, Fortune said, she "shows no signs of slowing down"
On the 25th anniversary of the battle that made his war cry 'Dil Maange More' part of national lore, we republish that feature to salute Captain Batra's ultimate sacrifice for the nation.
Leading softdrink manufacturers like Coca-Cola and Pepsi on Friday asked the government to abolish eight per cent special excise duty on aerated soft drinks to help them bring down prices.
Arch-rivals Pepsi and Coca-Cola would be having another competitor, a tea based soft drink, Tea Research Association chairman Sudhir Prakash said.
Taking a serious note of a "misleading" advertisement announcing that the Union Health Minister Sushma Swaraj had given a clean chit to soft drink major Pepsico.
Coca-Cola and Pepsi are under fire once again as noted environmentalist Vandana Shiva is set to launch a nationwide campaign asking the soft drink giants to shut down all the erring plants.
Its goodbye to Coke and Pepsi at the Banaras Hindu University campus in Varanasi. The university has banned these drinks on its campus from August 1, 2007.
The Supreme Court on Monday asked aerated drink makers PepsiCo and Coca Cola to file their replies within six weeks on the N K Ganguly Committee report that concluded cola drinks contained pesticide residues.
As the mercury rises she looks cooler and cooler,
As long as PepsiCo is in the beverage business in places like India, it will remind potential customers of a resource that's increasingly in short supply.
Ganguly will be seen reminding you in a new advertising campaign of Pepsi, set to hit the television screens soon.\n
Pepsi has set up its research centre in China, first of its kind outside the United States, to develop food and beverages to suit the\ntastes of 1.3 billion Chinese consumers.
Amidst concerns over growing obesity among children in the country, American American Beverage Association (ABA), a trade body, has said its members will only stock bottled water and 100 per cent juice in vending machines in elementary schools.
The Supreme Court on Monday stayed contempt proceedings against Coke and Pepsi in the Rajasthan high court for their failure to implement the court order to declare contents of their soft drinks.\n\n
HC restrains international distribution of Dil Maange More.
The Delhi High Court on Monday directed the central government to conduct tests on samples of Pepsi and submit its report within three weeks.
PepsiCo has taken up the cause of anger management with gusto and is using its clear lemon drink, 7UP.
With their employee-friendly and innovative initiatives, two American corporate giants PepsiCo and Citigroup -- led by India-born chief executives have made into a list of best employers for multicultural women. Evaluating the presence and prominence of coloured women in the US corporate world, the list of 20 companies has been drawn up by US-based Working Mother magazine. It is primarily on the basis of diversity programmes for such employees.
The high court, while directing the companies to make 'a complete and full disclosure', had asked them to either declare that soft-drinks did not contain pesticide residues. Challenging th HC order, the two MNCs had moved the apex court in August 2005 on the ground that such a disclosure could not be printed on their bottles without fixation of standards by the central government.
The investment would be spread over manufacturing capacity, market infrastructure, environment sustainability initiatives, R&D and agriculture. Pepsico Chairman and CEO Indra Nooyi said the new investment will generate 50,000 direct and indirect jobs in India. PepsiCo has invested $ 700 million since its entry into the country in 1989, employing 4,000 people directly and some 60,000 others indirectly.
Of the proposed $220-million investment, PepsiCo India will put in $170 million of own money, while the remaining $50 million would be invested by its bottling partners. This proposed investment is part of the company's $500-million investment plan announced during the visit of PepsiCo' global head Indra Nooyi to India last year.
In the run-up to the ICC World Cup to be held in West Indies this March. PepsiCo India is entering into cross-promotional alliances with other brands.
The Supreme Court on Friday issued notices to soft drink majors Pepsico and Coca Cola on a petition seeking that there should be a disclosure by the companies about the ingredients and chemical composition of the product.
Consumers have given a thumbs-up to these products, especially in countries such as India. The latter remains a key market for these brands, with volume sales seeing double-digit growth quarter on quarter.
Two years after slashing prices to push volumes, Coca-Cola India on Wednesday increased prices on 200 ml and 300 ml bottles by Re 1.
Tata Tea, which sold its stake in US-based Glaceau last year, plans to begin selling a low-priced bottled water in the country through its unit Mount Everest Mineral Water, to take on global rivals such as Coca-Cola and PepsiCo in the Rs 1,500-crore packaged drinking water market."We want to do it quickly,'' Pradeep Poddar, managing director and CEO, Mount Everest, said. "The market is still very young and we can evolve it further through marketing new offerings."
India-born Indra K Nooyi, president and chief financial officer of PepsiCo, is being groomed to ultimately take over the top post in the food and beverage giant where she is overseeing introduction of healthy foods.
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