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.
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.
Launched by Parle, RimZim's unique jeera flavoured soda was popular in the 1980s. It was acquired by Coca-Cola in 1994 and relaunched in 2018, but the revamped drink failed to catch on.
India is today immeasurably better resourced to make such bets than it was in 1950 or 1954. It has the credibility across divides that Pakistan can never quite claim.
Despite its new avatar, Kerala’s culture remains rooted in socialistic principles. Yet there is growing acceptance to ‘privatisation with participation', observers say.
Report on impact of AI emergence—drawing upon depositions from several ministries—confirms that the developments come in the absence of AI laws or considerations over them.
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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