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Yum Brands sells Pizza Hut in $2.7bn deal

MUMBAI: Yum Brands is selling struggling fast food chain Pizza Hut in a $2.7 billion deal to two entities, the American company said on Tuesday. As part of the transactions, the Pizza Hut business excluding Mainland China will be bought by private equity (PE) firm LongRange Capital for nearly $1.5 billion while the China operations...
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Inflation starting to take toll on consumers: P&G

MUMBAI: An uptick in inflation is starting to “take a toll” on consumers who are increasingly becoming more mindful in terms of spending, Procter & Gamble (P&G) India said on Tuesday, projecting short-term headwinds to growth amid macro-economic risks. “Inflation is all around us, across food, energy, healthcare and so many more areas of everyday...
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CERT-In calls for AI-assisted security testing, faster patches

NEW DELHI: CERT-In has issued new cybersecurity guidelines that will require technology vendors to adopt AI-assisted security testing, disclose critical vulnerabilities immediately and significantly accelerate patch deployment across India’s digital ecosystem.The framework applies to OEMs, software vendors, cloud service providers, managed service providers and other technology suppliers operating in the country. The move comes as...
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