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Pepsi

Pepsi’s Indra Nooyi ends 12-year run as company’s first female CEO

Indra Nooyi is stepping down as the chief executive officer of food and beverage giant PepsiCo Inc., handing the reins to a top lieutenant in a transition that will draw attention to the dearth of prominent female CEOs in corporate America. Nooyi, 62, will leave the role in October and remain chairman until early 2019. Ramon Laguarta, 54, who has been a candidate to take over since a promotion last year to the president, will be just the sixth CEO in the 53-year history of the company. Nooyi, who is from India, is the…

Traders in southern India call for ban on Pepsi, Coke

CHENNAI: Shopkeepers in a southern Indian state began removing Pepsi and Coke from their shelves on Wednesday after unions called for a boycott of the softdrink giants, urging consumers to shun foreign brands. Pepsi and Coke sell a range of products across India, including softdrinks and bottled water, and the boycott proposal in Tamil Nadu could affect more than a million outlets in India's most prosperous state, which is home to nearly 70 million people. Trade unions in Tamil Nadu said they targeted the US firms in a…

Pepsi chief: non-white employees anxious after Trump win

NEW YORK: PepsiCo chief executive Indra Nooyi on Thursday said minorities in the United States need to be reassured of their safety after Donald Trump's surprise victory in the US presidential election. "Our employees, especially our employees who are non-white, are asking, 'Are we safe?'" Nooyi said. "The first thing we have to do is assure everyone in the US that everyone is safe." India-born Nooyi, who supported Democrat candidate Hillary Clinton, said at the New York Times Dealbook conference that she hoped Trump's…

Scandal-hit IPL loses sponsor Pepsi

MUMBAI: India's cricket officials Sunday announced a new sponsor for the scandal-hit Indian Premier League (IPL) after Pepsi pulled out of the glitzy Twenty20 tournament.

Pepsi to no more sponsor controversy-hit IPL: report

NEW DELHI: The clouds of suspicion are still shrouding over Indian Premier League even a year after spot-fixing scandal broke out as global beverage giant PepsiCo has reportedly informed the BCCI that it does not want to continue to sponsor the controversy-hit IPL.