Sapphire Foods India Limited has been cleared by the CCI to merge with and into which company?
- A.Jubilant FoodWorks Limited
- B.Devyani International Limited
- C.Westlife Foodworld Limited
- D.Barbeque Nation Hospitality Limited
Correct answer
Explanation
The correct answer is Devyani International Limited. The Competition Commission of India approved the merger of Sapphire Foods India Limited with and into Devyani International Limited, along with certain related transactions placed before it as one proposed combination. The wording matters for an examination: since Sapphire goes with and into Devyani, Devyani is the company that continues after the merger. Options A, C and D name other listed restaurant operators in India, but none of them is a party to this particular combination. What drew the Commission's attention is that the two companies are in the same business: Devyani runs KFC and Pizza Hut franchise outlets across India, and Sapphire runs KFC and Pizza Hut franchise outlets as well. Devyani additionally holds the exclusive Indian franchise for Costa Coffee, New York Fries and Sanook Kitchen, and owns and operates homegrown brands of its own.
Read the full article: CCI Clears Sapphire-Devyani Merger and Navi Stake Deal
Practice Questions
Which two franchise brands are run in India by both Devyani International and Sapphire Foods?
- A.Domino's Pizza and Subway
- B.KFC and Pizza Hut
- C.McDonald's and Burger King
- D.Starbucks and Taco Bell
Show answer
Both companies operate franchise outlets of these two brands in India, and that overlap is the reason a merger between them is a matter for competition review rather than a routine corporate step.
Read the full explanation →MIH Payments Holdings B.V., which has received CCI approval to acquire a shareholding in Navi Limited, is an indirect wholly-owned subsidiary of which company?
- A.Prosus N.V.
- B.SoftBank Group Corp.
- C.Alibaba Group Holding
- D.Temasek Holdings
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The Commission's clearance notes that the acquirer, MIH Payments Holdings B.V., is an indirect wholly-owned subsidiary of Prosus N.V., and that the acquirer itself carries on no business activity beyond holding investments in portfolio companies which have business activities in India.
Read the full explanation →Devyani International is the exclusive franchisee in India of which coffee chain?
- A.Costa Coffee
- B.Tim Hortons
- C.Dunkin'
- D.Gloria Jean's Coffees
Show answer
Apart from running KFC and Pizza Hut franchise outlets across India, Devyani International Limited holds the exclusive Indian franchise for Costa Coffee, and along with it for New York Fries and Sanook Kitchen.
Read the full explanation →Which state received the largest share of the tax devolution released by the Centre on 31 October 2026?
- A.Maharashtra
- B.Bihar
- C.Uttar Pradesh
- D.Madhya Pradesh
Show answer
The state-wise statement issued with the release shows Uttar Pradesh drawing the largest amount out of the Rs 1,09,019 crore distributed among all 28 states on 31 October 2026.
Read the full explanation →The tax devolution of Rs 1,09,019 crore released on 31 October 2026 was which additional instalment of that kind in the financial year?
- A.The first
- B.The second
- C.The third
- D.The fourth
Show answer
The release of Rs 1,09,019 crore made on 31 October 2026 was described as the second additional instalment of tax devolution in the running financial year, which means one such extra transfer had already gone out earlier in the same year.
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