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PepsiCo Warns Energy Drink Ban Could Hit Stock as Red Bull Keeps Selling

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PepsiCo has said a ban on the 'energy drink' label could hurt its products while rival Red Bull continues to sell in the market. The dispute centers on how India's food safety regulator polices product labels. The regulator's reach over labeling is being tested in a case that could shape the rules. India's energy-drink market is growing quickly, and much of that growth has been built on PepsiCo's offerings. The source article is brief, so the full details of the regulatory action and its timing are not available here.

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PepsiCo Warns Energy Drink Ban Could Hit Stock as Red Bull Keeps Selling · ShortSingh