The footprints of Indian-origin corporate executives at multinationals is expanding, with Sandeep Kataria taking over the reins of footwear major Bata as its global chief executive officer. From FMCG majors to IT titans, Kataria joins the league of Indian-origin executives who have climbed the highest echelons of corporate across diverse sectors globally. From Nooyi to Pichai to Nadella, the list of such people at the helm of multi-billion dollar enterprises is long.
Pepsico's Indra Nooyi claims she remains bullish on India, while Sebi's Sinha makes the case for using pension money to pump capital into the market, reports Faisal Kidwai.
Traders' body says retailers have supported boycott; eateries, supermarkets seek more time to decide.
PepsiCo on Wednesday announced that Sudhir Pradhan was selected as one of the corporation's top salespeople during a special awards ceremony held at PepsiCo Headquarters in Purchase, New York.
Nooyi has been named as the most powerful woman in corporate America for the fifth year running.
PepsiCo India is planning to launch beverages and snacks priced below Rs 5. This is part of a drive to address the mass market looking for nutritional products. The new range, being developed in India, is expected to be launched on a pilot basis in select markets by next year.
From helping their employees infected with the Covid-19 virus to vaccinating them or supporting the families of those who might have succumbed to the infection, several companies in India are trying to do their bit in this difficult time. Some have even widened their support net to include all stakeholders as well as an extended community. To the families of the employees it lost to Covid-19, Noida-headquartered IT services and consulting company HCL Technologies is, for instance, paying salary for a year, medical insurance for three years and extending support for their children's education for five years.
PepsiCo head Indra Nooyi believes so but we want to know what you think.
Coca-Cola will, apart from the coming World Cup in England and Wales, feature as the exclusive non-alcoholic beverage partner at all major ICC events -- men's and women's T20 World Cups in Australia in 2020, ICC Women's World Cup 2021 in New Zealand... Also, the World Cup 2023, to be hosted by India.
Based in Chicago, he will report to PepsiCo Americas Foods CEO John Compton.
Pepsi fires the first salvo by sewing up pouring rights with eight of the nine IPL teams.
First it was called content-led commerce. Then it came to be known as influencer-led commerce. And its latest iteration is creator economy. This evolution of the terminology for online personas impacting buying decisions -- through blogs, memes, bite-sized videos, and podcasts -- has happened over the past five to seven years.
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.
Nooyi will join the world cricket governing body in June 2018 to align with the term of the ICC Independent Chairman, following the unanimous confirmation of her appointment.
The list includes political leaders, corporate executives, NGO heads, top government functionaries and a first lady. Here, we present you the world's top 30 businesswomen.
Under the challenge, PepsiCo India has invited business strategies, for unlocking the latent demand for beverages in India, from leading management schools.
After winning the PepsiCo challenge 'Taste the success Become Indra's advisors', the three-member team is set to present their case solutions to Nooyi. If found viable, the plan will be incorporated in Pepsi's annual plan and the team will get an opportunity to be engaged as advisors on an ongoing basis with PepsiCo to operationalise their ideas.
Multinational organizations including PepsiCo and industry associations like IPA, have come in favour of India's intellectual property regime, which is being reviewed by the US administration.
The Tata group firm has enhanced its product portfolio through "targeted acquisitions" as it aspires to be a formidable player in the FMCG category, said Chandrasekaran, who is also the chairman of Tata Sons. Besides, it has stepped up the pace of innovation across markets in line with consumer trends such as health and wellness and convenience, he said in his message to shareholders in the latest annual report of TCPL.
With his elevation as the CEO of Twitter, Parag Agrawal, in whom co-founder of the microblogging giant Jack Dorsey has "bone-deep" trust, joins the growing power club of Indian-origin executives helming US-based global multinationals. Twitter's outgoing CEO Dorsey announced on Monday that 37-year old Agrawal, an Indian Institute of Technology, Bombay and Stanford University alumnus, will be the company's new chief executive as he stepped down after 16 years at the company that he co-founded and helmed. A report in The New York Times said Agrawal will receive an annual salary of $1 million, in addition to bonuses, restricted stock units and performance-based stock units.
Thums Up moves away from its individualistic, masculine positioning to be the flag bearer of daredevilry, a la Mountain Dew.
According to a White House pool report, Trump referred to Nooyi as one of the "most powerful" women in the world.
Microsoft on Friday (local time) announced that its co-founder Bill Gates has stepped down from the company's board of directors to dedicate more time to his philanthropic priorities including global health and education. Gates will, however, continue to serve as the technology advisor to Microsoft CEO Satya Nadella.
Amazon's action follows that of other retailers such as Walmart Inc, Target Corp and Nike Inc.
Perfetti Van Melle, which does not have presence in the snacks category globally, is for the first time testing the segment with plans to launch its brand 'Stop Not' in India that will compete with the likes of Kurkure from PepsiCo and Parle Agro's Hippo.
Finalising the nomination process to elect Shashank Manohar's successor as the next independent chairman of the world cricket body is the sole agenda for the ICC Board, which will meet virtually on Monday.
Master blaster Sachin Tendulkar is understood to have finalised a three year endorsement deal estimated around Rs 20 crore with beverage major Coca Cola, after rival PepsiCo dropped him about two-and-half years back.
A call by the Traders Federation in Tamil Nadu to ban sales of Coca Cola and Pepsi soft drinks came into effect on Wednesday with its president A M Vikrama Raja declaring drinks as 'toxic' for consumption.
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.
Tata Tea, part of the Ratan Tata-led business conglomerate, announced a preliminary agreement with global beverage major PepsiCo for exploring a joint venture in the non-carbonated beverage business.
PepsiCo chairman and chief executive officer Indra Nooyi, who has been speculated to be among the possible candidates to succeed Ratan Tata as chairman of the Tata Group, has ruled herself out of the race, saying she "loves" her present job.
Food and beverages maker PepsiCo and software manufacturer Adobe Systems have made it to the list of world's most ethical companies for this year which are led by CEOs of Indian origin.
Through innovative recycling and recharging techniques, the plant had been able to save about 200 million litre of water in the last four years and had brought down the use by 60 per cent.
As part of the transformation exercise, the company on Tuesday launched a new variant of snack developed for kids --'Cheetos Whoosh Cheesy Bugs', claiming it as a 'healthier' product.
PepsiCo Chairman and CEO Indra Nooyi hoped that whosoever comes to power after the next elections will manage the country well so that India clocks a consistent 7-8 per cent economic growth.
PepsiCo's Chennai-born Indra Nooyi tops the list of Indian-origin CEOs in the US.
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