PepsiCo
PepsiCo bottler reports 4.6 times jump in quarterly net profit, announces dividend
Mon, Feb 06, 2023
Varun Beverages — which manufactures and bottles PepsiCo drinks — reported a 4.6 times year-on-year jump in net profit to Rs 74.7 crore for the quarter ended December 2022 aided by a sustained rise in demand for packaged beverages from the depths of the pandemic. Varun Beverages shares jumped after the earnings announcement.
More >
PepsiCo bottling plant to come up in Prayagraj, over 1200 people to be employed: Minister
Tue, Sep 06, 2022
The minister said that the allotment letter will be given to Varun Beverages (Pepsi Company) soon and on receiving the allotment letter, the company will start the work of setting up the plant after performing the ground breaking ceremony.
More >
FMCG players expect better growth, lesser inflationary pressure in 2022
Wed, Dec 22, 2021
FMCG companies are looking forward to 2022 with positivity and hopes of sustaining a healthy growth trend across both rural and urban markets while gearing up to cater to the ever-increasing digitally active consumers and tackle the challenge of higher commodity prices.
More >
PepsiCo buys Chinese snack brand Be & Cheery for $705 mln
Mon, Feb 24, 2020
"Be & Cheery adds direct-to-consumer capability, positioning us to capitalise on continued growth in e-commerce, and a local brand that is able to stretch across a broad portfolio of products, through both online and offline channels," Ram Krishnan, CEO of PepsiCo Greater China, said in a statement on Sunday.
More >
Salman Khan ties-up with this cola company - SWAG is the underlying message
Wed, Dec 11, 2019
Salman will be next seen in the super successful `Dabangg` franchise. Pepsi will be launching its association with Salman by tying up with `Dabangg 3`. This campaign will give consumers a sneak peek into what the Pepsi 2020 campaign will look like.
More >
Varun Beverages gets CCI nod to acquire PepsiCo's franchise rights
Mon, Mar 25, 2019
The company's board had approved entering into a binding agreement with PepsiCo India Holdings to acquire franchise rights in the two regions for a national bottling, sales and distribution footprint in seven states and five Union territories ( UTs ).
More >
Analysis: How a deal with PepsiCo made Varun Beverages a 'rich' stock to buy
Tue, Feb 19, 2019
Varun Beverages has signed an binding agreement with Pepsico India, to acquire franchise rights in South and West regions from PepsiCo for a national bottling, sales and distribution footprint in 7 states and 5 Union Territories.
More >
India-born Indra Nooyi being considered by White House for World Bank president post? What we know so far
Wed, Jan 16, 2019
She "has been courted as an administration ally by Ivanka Trump, the president's eldest daughter who is playing a role in the selection of a nominee," the The New York Times said.
More >
PepsiCo becomes first company to use inland waterways for container movement
Mon, Nov 12, 2018
Food and beverages major PepsiCo India Monday said it has become the first company to use the country's inland waterways for container movement by transporting products from its plant in Kolkata to Varanasi.
More >
