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Varun Beverages completes acquisition of South African bottler BevCo

VBL has also issued a corporate guarantee amounting to South African Rand (ZAR) 1,500 million (around Rs 660 crore) to secure credit facilities extended to BevCo by the FirstRand Bank thereNew Delhi: Varun Beverages Ltd, PepsiCo's largest franchise bottler,...

Indra Nooyi’s leadership: A journey of growth and innovation at PepsiCo

Nooyi oversaw an impressive 80% growth in the multinational soft-drink manufacturer's revenue, and currently holds a net worth of approximately Rs. 2905 crores Bengaluru: The former chairman (2007–19) and chief executive officer (2006–18) of PepsiCo, Indra Nooyi oversaw an impressive...

Increased investments in India’s dairy sector is driving competition

Dairy is witnessing consistent growth in the consumption of value-added products such as flavoured milk drinks, lassi, curd and yoghurt. The Indian dairy market, though dominated by cooperatives, is also witnessing increased interest from financial institutions as an investment...

Pepsico in talks to buy stake in Russia’s Lebedyansky

Pepsico Inc. is negotiating to acquire a 76.13 per cent stake in Russia's top juice maker Lebedyansky for $1.5-2 billion, according to a newspaper report."They are close to an agreement, and it is expected that the deal will be...
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Smartsters opens shop-in-shop store at Crossword in Pune

Currently, the company plans to open over 10 shop-in-shop locations pan India Bengaluru: Kids’ furniture brand Smartsters has launched its...
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