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Devyani International and Sapphire Foods will merge through a near-parity share-swap to create one of Indias largest QSR players with over 3,000 outlets and revenue above Rs 7,800 crore, bringing all KFC and Pizza Hut operations under one operator, with limited arbitrage and equal synergy benefits for shareholders.
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News and Media
More than 500 women are suing Chesapeake Regional Medical Center and its leaders. They claim hospital executives knew about doctor Javaid Perwaiz's unnecessary surgeries but did nothing. Perwaiz is already in prison for medical fraud. The women suffered severe harm and trauma from these procedures. The lawsuit seeks significant compensation for the alleged negligence.
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News and Media
ITC shares slid to a three-year low after a sharp two-day, 14% fall triggered by a steep cigarette tax hike, prompting multiple brokerage downgrades amid concerns that large price increases will be needed to offset the impact, risking volumes and earnings.
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News and Media
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