Bottles of PepsiCo Inc. Pepsi cola are displayed for sale at a ShopRite Holdings Ltd. grocery store in Stratford, Connecticut, U.S. (Paul Taggart/Bloomberg)

Varun Beverages Gets CCI Nod To Acquire PepsiCo’s Franchise Rights

PepsiCo India's bottling partner Varun Beverages Ltd. on Monday said it has received nod from the Competition Commission of India for its proposal to acquire franchise rights of the foods and snack...