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 in the world’s most populous country. Devyani International and Sapphire Foods run over 3,000 outlets across India and overseas, including KFC and Pizza Hut dine-in restaurants. (AI Image) KFC, Pizza […]
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 corner of India’s financial services industry, Reuters reported on Monday citing sources. The finance ministry has been for the past couple of months discussing with the RBI the matter of […]
