Complex sentence: Bisleri, an Italian mineral water company, was launched in India in the year 1965, and bought by Parle from the Italian entrepreneur Signor Felice Bisleri in 1969 as the company was unable to market bottled water, and planned to exit the market.
Split into simpler sentences: Bisleri, an Italian mineral water company, was launched in India in the year 1965, and bought by Parle from the Italian entrepreneur Signor Felice Bisleri in 1969. At this time Bisleri had been unable to market bottled water, and planned to exit the market.