Pizza Hut is on the brink of transformation as Yum Brands agrees to sell the struggling chain for a hefty $2.7 billion. The deal paves the way for private equity firm LongRange Capital to take control in numerous markets, while Yum China Holdings Inc. will oversee operations in mainland China.
Laurus Labs shares rally over 4% as Q1FY27 profit jumps 126% on strong CDMO growth
Laurus Labs reported a strong June-quarter performance, with net profit more than doubling and revenue rising 29% year-on-year, driven by robust growth in its CDMO