The company said that it plans to open 40-50 stores for Popeyes in India in the next 12-18 months.
M&M said in a statement that the two parties signed an agreement to that effect on Wednesday at the World Economic Forum in Davos.
Initiative aligns with Government of India’s ‘Make in India’ efforts.
Gainers on Nifty were - Power Grid, Tata Motors, Adani Ports, SBI and HDFC Bank.
The Dividend shall be paid / dispatched to the shareholders on or before 30 days from the date of its declaration.
Here are some stocks that may show significant price movement today.
The company is operating two verticals through 50 branches and 62 warehouses, covering 730 locations in India, as of September 2022.
Consolidated Sales for the quarter increased by 1.7%.
Other Asian markets have opened the day in Green.
India was the largest producer of sugarcane in the year.
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