Nooyi had recently said that the company might make two or more acquisitions outside North America this year to add snacks or drinks it did not already make.
Nooyi also indicated that PepsiCo will double its workforce in China over the next five years, which the company sees as a major growth market.
Pepsi as a brand has started analysing the impact of Indian cricket team's loss of face in the ongoing world cup and is likely to come out with a new advertising and branding strategy.
The India captain refused to renew the contract which ended in April this year, saying at the time that he would not ask people to consume something that he himself does not.
The company plans to launch a full-fledged campaign soon.
With a gradual rise in temperature and the start of heatwave, FMCG and dairy firms selling cola-based fizz drinks, juices, mineral water, ice creams and milk-based beverages expect a spike in sales and have ramped up their production and stocks to meet the anticipated consumer demand. The makers are launching new products keeping in mind the evolving consumer preferences and also investing substantially on promotions and expansion of the channels this season, company executives of beverage and ice cream makers said. Beverages major PepsiCo said summer months are naturally the most favourable season for its category and it is "optimistic" that its portfolio of brands will continue to delight consumers during the period.
The current chairman Steven S Reinemund, 58 retires on May 2, as he had announced last August.
Soft drink giant Pepsi Co India on Friday said it would launch the guava and litchi flavoured non-carbonated beverages under its Tropicana brand.
With consumers going the healthy way, PepsiCo decided to transform its portfolio from 'fun-filled' to 'good-filled' products, the beverages major's chief Indra Nooyi, Chairman and CEO of PepsiCo, said on Friday.
Ivory Coast and Chelsea striker Didier Drogba will visit India next month for the grand finale of Pepsi T20 Football event.
Stating that implementation of the demonetisation policy had its "share of challenges", Nooyi hoped that things will return to normal by the second quarter.
With this deal, Jaipuria's RJ Corp will own over 10 bottling plants, controlling 25 per cent of PepsiCo's bottling capacity in the country (earlier he was PepsiCo's largest bottler together with his family). Confirming the development, Jaipuria said the deal would be complete in a day or two. "The West Bengal operations will contribute 10 to 15 per cent to our turnover," he said.
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The PCB also said the television rights for India's tour to Pakistan will remain with the TEN Sports channel.
India's star batsman Virat Kohli will finally be seen on the screen with girlfriend Anushka Sharma in Pepsi's new television commerical, which also features Bollywood superstar Ranbir Kapoor.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
The Madras High Court Bench in Madurai on Thursday dismissed a couple of public interest litigation petitions filed against the supply of Tamirabarani surface water to industries set up by co-packers of Pepsi and Coca Cola at the Industrial Growth Centre established by SIPCOT at Gangaikondan in Tirunelveli district of Tamil Nadu.
Pepsi is testing waters for sports drinks in India with the launch of 'Gatorade' and said it would start manufacturing the product in India when sales register high growth.
The Calcutta High Court on Friday said if soft drinks majors Coca Cola and Pepsi failed to comply with its order in filing affidavits on a writ petition, it would be constrained to ban their drinks' sale in West Bengal.\n\n
State Assembly recommends imposition of curbs on extraction of water by the plant.
Stung by the "pesticides report" on colas by CSE, Pepsi on Friday filed a writ petition in the Delhi High Court seeking to restrain the NGO from publishing the report, while asking for an independent evaluation of the "damaging" report.
After 11 years of hanging like a sword on PepsiCo India Holdings Ltd, the government's condition that the company must dilute its equity in fully-owned downstream ventures is close to being waived.
The soft drinks giant bagged the sponsorship rights along with TVS Motor company and Videocon for matches in India in 2003-04.
After years of mounting pressure against corporate control of water and demand for accountability, Pepsi has agreed to provide consumers with more information about the source of the water used for their bottled water brand Aquafina.
PepsiCo announced on Saturday change in top management of its India operations with Sanjeev Chadha designated to take over as General Manager Pepsi-Cola India, while incumbent Rajeev Bakshi will move to head the company's Asia commercial team.
It's Sanjeev Chadha, named Pepsi's chief executive for Asia, W Asia & Africa, versus Coca-Cola's Atul Singh.
Coca-Cola Classic became the No.1 drink in the US with a sales of more than 1.6 billion cases sold in 2010.
"There are 12,000 farmers doing contract farming of potato for us involving 16,000 acres of land," executive vice president of PepsiCo Holdings (agro-business) Nischint Bhatia told PTI.
'Ask a beat journalist their opinion, and you will always be told that they are more worried about writing something that would upset a company than something that would anger a politician,' says Mihir S Sharma.
Nooyi said India is a large vibrant market and should focus on developing India-specific strategies to sustain it.
Snack food and beverage major PepsiCo plans to replace carbonated or sparkling beverages with juices and other low-calorie products in schools
Just four years before, Coke factories consumed over four litres of water for every litre of beverage sold. Now, it is 2.5 litres, a reduction of 34 per cent.
Pepsi will pay USD 3.13 million to resolve a charge of racial discrimination related to criminal background checks for job screenings, which led to disproportionate exclusion of 'black' applicants.
