PepsiCo Inc. is betting on India’s annual cricket tournament to arrest at least five years of decline in market share and close the gap with leader Coca-Cola Co. in the South Asian nation’s soft drink market.
Cricket Australia backed the decision by national team management to stand down four players for this week’s third Test against India for disciplinary reasons as one of the quartet said he accepted his punishment.
Andrew Strauss quit cricket after a 3 1/2-year stint as England Test captain in which the team attained the No. 1 ranking and beat archrival Australia home and away in Ashes series. He’s replaced by Alastair Cook.