In 2021, the company lost rights over its FC5 variety potato variety, grown exclusively to make Lays. But on Wednesday, Delhi HC allowed it to go ahead with registration of its variety.
In 2019, PepsiCo sued some Indian farmers for cultivating FC5 potato variety, accusing them of infringing its patent. It sought over Rs 10mn each for alleged patent infringement.
If Achhe Din has come anywhere, it is in the snack food aisle. GenZ is spoilt for choice, unlike millennials who grew up on Kurkure & 4 flavours of Lay’s at the local kirana store.
PPVFRA has revoked a plant variety protection certificate granted to PepsiCo India for the FC5 potato, a special variety that was grown exclusively for Lay’s chips.
Read the Kambaramayanam, fully or in part, in the original stately Tamil or in translation. Immerse yourself in it. The irksome wars and issues of today will fade.
The rules now take effect on 1 July instead of 1 April, the Reserve Bank of India said. New rules may raise cost of raising capital for proprietary trading firms & squeeze profits.
Oleksandr Yakovenko, founder of Ukrainian drone maker TAF Industries, further went on to highlight the growing 'irrelevance' of European defence platforms.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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