Devyani International and Sapphire Foods, two major franchisee operators, for U.S. based Yum!Brands in India to merge. Devyani International will issue 117 shares for every 100-equity share of ...
The deal comes as India's fast-food franchisees grapple with higher costs, slowing same-store sales and margin pressure, while facing stiff competition from McDonald's (MCD.N), opens new tab and ...
MEXICO CITY, Dec 28 (Reuters) - Mexican authorities said on Sunday that at least 13 people were killed after an Interoceanic Train carrying 250 people derailed in the southern state of Oaxaca. The ...
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