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ICICIdirect Research Posted on 10:47am 01-Dec-2020

IPO Review - Burger King India

Burger King India (BKI) is a fast growing international QSR chain in India. It started its operations in 2014 and within five years established 261 restaurants across major cities. The company has exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India as a master franchisee. BKI grew at a faster pace in the last five years by mainly leveraging the disruption at McDonalds franchise in North India. The company has a well-defined restaurant rollout plan to open 700 restaurants across geographies by 2026. The proceeds from the IPO would be sufficient to open 190 new stores until 2023. Click on the title to read more...
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ICICIdirect Research Posted on 09:12am 01-Dec-2020

Opec and allies led by Russia have postponed talks on oil output policy for 2021 to December 3...

As key players still disagreed on how much oil they should pump amid weak demand due to the Coronavirus pandemic. Click on the title to read the key updates...
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Community User Posted on 10:58am 27-Nov-2020

  
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ICICIdirect Research Posted on 09:04am 27-Nov-2020

Government think-tank Niti Aayog has formed a high-level panel to explore the technological and commercial viability of the Virgin Hyperloop technology...

For ultrahigh speed travel in India, weeks after its first test was completed with humans on board. Click on the title to read key updates...
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Community User Posted on 07:43am 25-Nov-2020

  
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