NEW DELHI, India (AP): When it comes to managing brands, Coca Cola Co. and PepsiCo Inc. are rated among the best in the world. But three weeks after allegations erupted in India that their drinks contain pesticide residues, the companies have done little to address the issue, apparently hoping it will blow over.
The companies have taken a beating since a New Delhi-based private research group, the Center for Science and Environment, made the allegations Aug. 3.
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