#business-deal
PwC India, US to create 40,000-strong consulting JV: India to get operating control
PwC India and PwC US plan to create a 40,000-employee consulting joint venture that would be worth about $2 billion at launch. PwC India will control operations despite holding 49.9%, bringing its consulting business together with PwC US’s India-based acceler…
Park Medi World to acquire Medicity Hospital in Rudrapur, enter Uttarakhand
Hospital chain Park Medi World Limited is acquiring The Medicity Hospital in Rudrapur. The deal is valued at Rs 177 crore and is an all-cash transaction. This acquisition marks Park Group's entry into Uttarakhand. The Medicity Hospital is a multi-super specia…
Varun Beverages, PepsiCo revise licensing deal
The revision also removes the clause that has prevented Varun Beverages from pursuing non-PepsiCo ventures.
Varun Beverages, PepsiCo India extend bottling pact till 2049
Varun Beverages Ltd. has extended its exclusive bottling and trademark license agreement with PepsiCo Inc. in India until April 30, 2049, replacing the previous term ending in 2039. The revised agreement also removes a key restriction, allowing VBL to pursue …