Ratan Tata’s political naiveté and his complete inability to engage in the ‘deal-fixing’ culture of Indian businesses made him a great ally during the PepsiCo battle of the 1980s.
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.
Varun Beverages approved a share split of its existing shares in a ratio of 1:2 to boost its liquidity and make its stock ‘more attractive’ to small investors.
With bad loans shrinking & capital buffers stronger, urban co-op banks’ new umbrella body NUCFDC is now prioritising rollout of digital transformation.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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