PepsiCo Foods facing stiff competition in India, Economic Times reports PepsiCo Foods (PEP) market share in India has slipped as a number of smaller and regional brands, including Gujarat-based Balaji, Indore's Yellow Diamond and DFM Foods' Crax in addition to some variants of ITC's Bingo snacks, reports the Economic Times. An industry official quoting Nielsen data said both Kurkure and Lays' market shares slipped 2%-3% in the April-September period.Reference Link
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Peltz says still believes PepsiCo should be broken up Nelson Peltz of Trian says his fund has met with about 100 top shareholders of PepsiCo to push for its proposed changes at the company. Peltz is speaking at the "Delivering Alpha" conference.