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Tata Group's consumer unit is in talks to buy at least 51% of popular Indian snack food maker Haldiram's but is not comfortable with the $10 billion valuation sought, two people briefed on the matter said. If successfully concluded, a deal would see the Indian conglomerate directly compete with Pepsi and billionaire Mukesh Ambani's Reliance Retail. Haldiram's, a household name in India, is also talking with private equity firms including Bain Capital about the sale of a ...
India`s Tata seeks control of Haldiram`s, snack maker wants $10 billion valuation
Pepsi India bottler Varun Beverages on Thursday reported a 26.2% jump in its second-quarter profit, underpinned by improved product mix, a slide in input costs and higher volume growth. The company, which has been making and bottling PepsiCo-branded drinks for three decades, posted a consolidated net profit of 9.94 billion rupees ($120.22 million) for the reported quarter ended June 30, compared with 7.87 billion rupees a year earlier. Gurugram-based Varun Beverages, whose operations sp...
Pepsi India bottler Varun Beverages posts profit growth on steady volumes
PEPSI® ONBORARDS SAMANTHA RUTH PRABHU AS ITS BRAND AMBASSADOR INSPIRES AN ENTIRE GENERATION TO ‘RISE UP, BABY!’ NEW CAMPAIGN SALUTES THE UNSTOPPABLE SPIRIT OF WOMEN Personifying the youth’s unwavering passion and unshakable spirit through its disruptive narratives, Pepsi® unveiled yet another rendition of its empowering new brand positioning ‘Rise Up, Baby!’. The campaign features actress, youth icon and an inspiration for...
Shattering Gender Stereotypes, Samantha Ruth Prabhu Says, `Rise Up, Baby!` With Pepsi
National : Culture curator beverage brand Pepsi® is all set to celebrate the spirit of the younger generation through its partnership with disruptive fashion label HUEMN for their latest collection. The collection that oozes SWAG, and the spirit of community, is set to be showcased through an on-ground fashion show in Mumbai on 17th December 2022. Adding a glitzy star quotient, Bollywood superstar and youth icon Sara Ali Khan will be seen sporting a coveted PepsixHUEMN look that will sure...
Pepsi and Huemn Celebrate the Spirit of youth with swag
Tesla CEO Elon Musk on Friday launched the long delayed electric Semi trucks during a virtual event. Tesla claims that its Semi trucks have thrice "the power of any diesel truck on the road, with the efficiency to go 500 miles" and engineers have tested the vehicles in a "variety of harsh conditions to maximize reliability and durability". "Semi has a tri-motor system & carbon-sleeved rotors just like Plaid. One unit for efficiency, two acceleration units fo...
Tesla launches electric Semi trucks
Soft drinks giant Coca-Cola has unveiled its electric Renault trucks ahead of Pepsi's release of the Tesla Semi. Coca-Cola has already started operations with its new electric vehicle (EV) trucks in Belgium while Pepsi is still building up its Megacharger station, reports Gizmochina. Both Renault and Tesla's long-haul EV trucks mark their arrival into the heavy-duty segment of the electric vehicle industry. The E-Tech D et D Wide model Renault trucks released to Coca-Cola in ...
Renault Trucks help Coca-Cola beat Pepsi and Tesla
Tesla has started the production of its long-delayed Semi Truck that will have a 500 miles (800 km) range and will first reach Pepsi facilities, Elon Musk announced on Friday. The electric-car-maker will deliver the first Semi Trucks to the soft drink major by December 1. "Excited to announce the start of production of the Tesla Semi Truck with deliveries to @Pepsi on Dec 1st!" posted Musk. "500 mile range and super fun to drive," he added. Pepsi had ordered 10...
Tesla to deliver first Semi Trucks to Pepsi by December 1: Musk
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