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EconomyMedium

Which two franchise brands are run in India by both Devyani International and Sapphire Foods?

  1. A.Domino's Pizza and Subway
  2. B.KFC and Pizza Hut
  3. C.McDonald's and Burger King
  4. D.Starbucks and Taco Bell

Correct answer

B. KFC and Pizza Hut

Explanation

The correct answer is KFC and Pizza Hut. 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. Option A names Domino's Pizza and Subway, option C names McDonald's and Burger King and option D names Starbucks and Taco Bell; these are other well-known quick-service brands in the Indian market, but they are not the pair common to the two merging companies. Beyond the shared pair, Devyani International is the exclusive franchisee in India for Costa Coffee, New York Fries and Sanook Kitchen, and it also owns and runs brands of its own creation, so the merged entity brings a wider brand portfolio under one roof than Sapphire alone carried.

Read the full article: CCI Clears Sapphire-Devyani Merger and Navi Stake Deal

Q1.EconomyEasy

Sapphire Foods India Limited has been cleared by the CCI to merge with and into which company?

  1. A.Jubilant FoodWorks Limited
  2. B.Devyani International Limited
  3. C.Westlife Foodworld Limited
  4. D.Barbeque Nation Hospitality Limited
Show answer
Correct answer: B. 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.

Q2.EconomyMedium

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?

  1. A.Prosus N.V.
  2. B.SoftBank Group Corp.
  3. C.Alibaba Group Holding
  4. D.Temasek Holdings
Show answer
Correct answer: A. Prosus N.V.

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.

Q5.EconomyMedium

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?

  1. A.The first
  2. B.The second
  3. C.The third
  4. D.The fourth
Show answer
Correct answer: B. The second

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.