Narasimhan's initial priorities will be to focus on delivering outperformance, especially in the health business unit, and to drive the Lysol maker's plan to split the firm into two business units under the same company.
PepsiCo India had taken the farmers to court stating that they had been growing a variety of potato, FC-5 , “without their permission,” since it was registered under the Protection of Plant Varieties and Farmers’ Rights Act (PPV&FR Act).
Pepsico India had filed lawsuits against Fulchand Kachchhawa and Suresh Kachchhawa of Malgadh village in Deesa taluka of Banaskantha on April 11 for “illegally” growing and selling potato variety FL-2027, for which the company is the registered breeder.
On a suit filed by PepsiCo India Holdings Pvt Ltd, the Ahmedabad city civil court earlier this month had barred four farmers of Sabarkantha district — Bipin Patel, Chhabil Patel, Vinod Patel and Haribhai Patel — from growing and selling potatoes till April 26.
Indra Nooyi, who was the guest speaker, was addressing the 'New India Lecture' series, organised by the Consulate under the aegis of Consul General Sandeep Chakravorty and in partnership with the US-India Strategic Partnership Forum (USISPF).
Ex-PepsiCo CEO Indra Nooyi is reportedly among the frontrunners for the post of World Bank CEO. US President Donald Trump is considering multiple candidates to nominate for the post and Nooyi's name is reportedly being considered.