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.
While bond yields tend to fall amid low inflation & interest rate cuts, market experts say they’ve been rising due to concerns over tax collections, fiscal deficit & potential impact of US tariffs.
It is one of the most advanced long-range air defence and anti-missile radars. It has been acquired under an about USD 145-million deal signed in 2020.
In its toughest time in decades because of floods, Punjab would’ve expected PM Modi to visit. If he has the time for a Bihar tour, why not a short visit to next-door Punjab?
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