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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Bhujia, business and blood ties: Haldiram’s Delhi, Nagpur units to unite

Haldiram Snacks Food has sold a 10% stake to Temasek at a valuation of $10 billion. The company has also merged its Nagpur and Delhi branches to form Haldiram Foods and Snacks. Approved by NCLT, this move aims to strengthen its market position. Haldiram may also be planning an IPO and is likely to sell an additional 5 per cent stake.

from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/bhujia-business-and-blood-ties-haldirams-delhi-nagpur-units-to-unite/119334745
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