Flag of Peru which joined Bolivia to form the Peru–Bolivian Confederation. The South was formed first, thus adopting a new flag: a red vertical band on the left, with a golden sun and four small stars above (representing Arequipa, Ayacucho, Cuzco and Puno, the four groups of the republic), and the right side divided into an upper green band and a lower white one. The North kept the currency and all ---- of the dissolved Peru, including its flag. The flag of the Peru-Bolivian Confederation showed the coats of arms of Bolivia, South and North Peru, from left to right and slanted at
India–Peru relations Peru. Tata Consultancy Services operates in Lima, and Tech Mahindra began operating in the country after it acquired Israeli company LeadCom. Redbus acquired majority stake in Peruvian company Busportal.pe. All major Indian pharmaceutical companies have a representative office or local subsidiary in Peru. Peruvian beverage manufacturer AJE Group opened an Indian subsidiary, AJE India Pvt. Ltd., in Maharashtra to manufacture soft beverages. The subsidiary began operation in December 2010, and invested $15 million in India by 2016. Machinery firm Resemen S.A.C. established a subsidiary in New Delhi called Reliant Drilling Ltd., after it was awarded a contract from Hindustan Zinc