PepsiCo Warns India Energy Drinks Could Run Out in Two Months. Here’s What Investors Need to Know.
PepsiCo (PEP:NASDAQ) told the Delhi High Court on Thursday that Sting and Adrenaline Rush, its top-selling energy drinks in India, could run out nationwide within about two months if a ban on the “energy drink” label stays in place, Reuters reported. The court again declined to let PepsiCo make new labelled stock and set the next hearing for October 30.
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