Looks like Abki Baar fir se Coke Pepsi ko karege band. Saat saak - TopicsExpress

Looks like Abki Baar fir se Coke Pepsi ko karege band. Saat saak Kelloggs ko bhi! An organized labor leader by practice, Mr. Fernandes was responsible for Coca-Colas and IBM Corp.s withdrawal from India in 1977, when he was the countrys industry minister in the then Janata Party government. Coca-Cola originally ran into trouble with George Fernandes, then the Janata governments industries minister, when he tried to reduce the groups 100 per cent equity in Indian operations to 40 per cent. Mr Fernandes recalled the episode: Coke argued that since they were a high-tech company they could keep full ownership. I said: Whats so high-tech about your formula thats beyond the reach of us Indians? Either tell us the formula, or pack up and go. So they went. Mr Fernandes, an MP who is one of Indias last diehard socialists, has left the government now, but he is still trying to stir up trouble for Coca-Cola.

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