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.
The idea of a self-contained labour force, be it intellectual or physical, seems redundant. Bihari migrants are an indispensable part of the domestic workforce.
New bill aims to fix key issues with IBC 2016, including delays & patchy implementation, and protect creditors, with window for genuine promoters to retain control of their companies.
Under joint venture, JSW Sarbloh Motors will indigenise and manufacture TX range ATVs in Chandigarh. The first India-assembled unit is expected by early 2026.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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