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Legal● Neutral for Indian equities
PepsiCo, Monster challenge India 'energy drink' label ban citing business impact
The brief
- PepsiCo and Monster Beverage have taken legal action against India’s food regulator over an energy-drink labeling ban
- Coca-Cola weighs December IPO filing for Indian bottling unit at $10 billion valuation
- Coca-Cola hires Rob Gehring from Monster Energy to run its North American operations
India's energy-drink labeling dispute
The Delhi High Court set aside an FSSAI order requiring Red Bull to drop the “energy drink” label, ruling it had not been given a chance to present its case. FSSAI said it would issue a fresh show-cause notice and planned to appeal.
Thursday, 1 October
- PepsiCo, Monster challenge India 'energy drink' label ban citing business impact