PepsiCo India Chairman and CEO D Shivakumar resigns
PepsiCo India Chairman and CEO D Shivakumar has resigned, almost four years after taking over as head of the cola giant. Shivakumar had joined PepsiCo after having worked at Nokia, prior to which he was with Hindustan Unilever and Philips Consumer Electronics. Shivakumar will now join Aditya Birla Group as its Executive Vice-President (Corporate Strategy and Business Development).