Torrent Pharma

Torrent Pharma Resumes Talks to Acquire KKR’s Stake in JB Pharma; Deal Likely Soon

Gujarat-based Torrent Pharmaceuticals has resumed acquisition discussions with private equity firm KKR to buy its 47.84% stake in JB Chemicals & Pharmaceuticals (JB Pharma), according to sources familiar with the matter. A formal agreement is expected to be signed soon. Torrent had previously entered into extended negotiations with KKR last year, but the deal fell…

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Sensex

Sensex and Nifty Decline Amid U.S. Tariff Concerns; Auto & IT Stocks Lead Losses

Market Recap: A Tough Day for Indian EquitiesIndian stock markets ended lower on March 4, as escalating U.S. tariffs on key trading partners—China, Canada, and Mexico—rattled global markets and dampened investor sentiment. The Sensex fell for the third consecutive session, while the Nifty 50 extended its losing streak to ten sessions, marking its longest decline…

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KFC

KFC, Pizza Hut Franchisees Unite: International to Merge with Sapphire Foods

KFC and Pizza Hut franchise operations to merge as Sapphire Foods and Devyani International join forces In a landmark move for India’s quick-service restaurant (QSR) industry, Sapphire Foods India Limited (SFIL) and Devyani International Limited (DIL) have announced their merger. The deal will unite two of Yum! Brands’ largest Indian franchise partners—operators of global fast-food giants KFC and Pizza Hut—under one powerful…

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Bharti Telecom

Bharti Telecom Raises Record ₹10,500 Crore in Landmark Bond Issue

Bharti Telecom, the parent company of India’s second-largest telecom operator Bharti Airtel, has achieved a significant milestone by completing the country’s largest domestic bond issuance of FY26. The company successfully raised ₹10,500 crore through a two-tranche bond offering, marking a record-breaking achievement in India’s corporate debt market. The offering comprised two equal tranches of ₹5,250…

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Blackstone's

Blackstone’s $80 Trillion Dollar Bet | Iconoclast Summit 2024

The key points from the summit are: Geopolitical Shifts and Investment Strategies Investors are closely monitoring geopolitical tensions and regulatory changes that could significantly impact financial markets. Prominent figures emphasized the importance of adapting investment strategies to navigate these uncertainties. Private Market Investments There is growing interest in private market investments, such as infrastructure and…

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