After the deal with GSK, Bharat Biotech will have a total capacity of 25 million doses, against the nation's demand of 35 million doses.

The Competition Commission of India (CCI) has approved the scheme of amalgamation between the two companies, through an-all equity deal, valuing the total business of the latter at Rs 31,700 crore.

The Indian packaged food market is expected to be worth $270 billion by 2027, driven by often contradictory trends in different parts of the country.

Nestle had to withdraw its instant noodles brand Maggi from the market over allegations of high lead content and presence of MSG (monosodium glutamate).

The bankrupt companies, which are facing insolvency, were the major booster for the M&A record this year.

Hindustan Unilever's recent Rs 31,700 acquisition of GSK's consumer business (including Horlicks, Maltova, and Boost), makes it the country's largest food major.

GSK Plc Chief Strategy Officer David Redfern had made it clear that there is no clause requiring HUL to retain all GSKCONS employees at the time the deal was announced.

In one of the biggest deals across the consumer goods space, Hindustan Unilever Limited (HUL)  said it would buy GlaxoSmithKline's India business, including the popular Horlicks, Boost and other brands, for around $3.8 billion. Watch BusinessToday.In video on the historic deal.

France fuel protests: President Macron looks for a way out of 'yellow vest' crisis; WhatsApp to go 'dark' on both iOS and Android devices; Jet Airways to stop free meals to most domestic economy class passengers. Watch more in this episode of Business Wrap.

France fuel protests: President Macron looks for a way out of 'yellow vest' crisisFrance's Prime Minister met with opposition leaders on Monday as President Emmanuel Macron sought a way to defuse nationwide protests over high living costs that led to widespread rioting in Paris over the weekend and are hurting the economy. The \"yellow vest\" revolt caught Macron unawares when it erupted on Nov. 17 and poses a formidable challenge to the 40-year-old as he tries to counter a plunge...

HUL-GSK deal: Here are 10 things you should know about the merger