Exciting developments are afoot as Devyani International announces a strategic merger with Sapphire Foods India, set to establish the largest Yum! Brands franchisee in the country. The newly formed entity will manage an extensive array of KFC and Pizza Hut outlets, providing shareholders of Sapphire Foods with shares in Devyani International.
Rupee has scope to stabilise, appreciate: RBI deputy governor Poonam Gupta
“One may think of the cumulative depreciation of the INR in the past year and a half to be a temporary phenomenon,” she said. “If