It is better safe than sorry i.e. better to sit in cash in the worst case, rather than worry about the opportunity cost of not remaining invested in such a dubious asset.
India has good consumption demography, stable reformist political leadership and good entrepreneurial zeal, which have created great companies, so far, with better English language proficiency than China.
Pepsico India chief Manu Anand has quit the company. His exit comes amid speculation that he was asked to leave. The company had been losing ground to Coca-Cola and Anand‘s gamble to put Rs 160 crore into the IPL also did not pay off.
Atul Singh, who heads India and the southwest part of Asia for Coca Cola, took over about seven years ago and under his watch, Coke's share in Coca Cola's global sales have grown from a small 1% to almost 2.5% today.
This summer, beverage makers are turning on the heat just to help the indian consumer beat it in style, reports CNBC-TV18's Tanvi shukla and Vidhi Godiawala.