Tag: M&A deals

Devyani International and Sapphire Foods run over 3,000 outlets across India and overseas, including KFC and Pizza Hut dine-in restaurants. (AI Image)
Posted in Business

Yum! deal? India’s KFC, Pizza Hut operators announce $934-million merger| Business News

India’s KFC and Pizza Hut operators Sapphire Foods India Ltd. and Devyani International Ltd. are coming together in a $934-million deal, creating a fast-food powerhouse…

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The finance ministry has been for the past couple of months discussing with the RBI the matter of raising the FDI limit for PSU banks. (Livemint)
Posted in Business

India plans to hike FDI limit for PSU banks to 49% amid flurry of M&A deals| Business News

India is planning to raise the FDI limit in public sector banks to up to 49% amid a flurry of M&A deals in the private…

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