Brands
Ganguly pads up for second innings at ICC cricket committee
MUMBAI:Cricket’s global governing body has tossed the ball back to Sourav Ganguly, reappointing the former Indian captain as chairperson of the ICC men’s cricket committee for another term. The 52-year-old, affectionately known as “Dada” by fans, will continue in the role he first took guard at in 2021 after replacing spin wizard Anil Kumble.
Ganguly’s longtime batting partner VVS Laxman, known for his very, very special wristy flicks, has also been retained on the panel—ensuring India’s continued heavyweight presence at cricket’s administrative crease.
The refreshed committee features a who’s who of cricket luminaries. Afghanistan’s Hamid Hassan and West Indies legend Desmond Haynes have been drafted in alongside South Africa’s current test and one-day international captain Temba Bavuma and former England batsman Jonathan Trott.
Meanwhile, in the women’s pavilion, former New Zealand off-spinner Catherine Campbell has been elevated to chairperson of the ICC women’s cricket committee. She’ll be joined in the middle by ex-Australian player Avril Fahey and Cricket South Africa’s Pholetsi Moseki.
The ICC’s commitment to inclusivity was bowled up by secretary Jay Shah, who announced a special task force and support fund for displaced Afghan women cricketers. “We are deeply committed to fostering inclusivity and ensuring every cricketer has the opportunity to shine, regardless of their circumstances,” Shah declared from the non-striker’s end.
This support will be backed by a “comprehensive high-performance programme” designed to keep Afghan women’s cricket dreams alive despite challenging political conditions back home—proving that when it comes to cricket diplomacy, the ICC is determined not to be caught out.
Brands
Devyani International Ltd plans three-subsidiary merger to streamline operations
QSR operator moves to streamline structure and unlock operational synergies
Devyani International is tightening its corporate kitchen. The quick-service restaurant operator has approved a scheme to merge three subsidiaries—Sky Gate Hospitality, Blackvelvet Hospitality and Say Chefs Eatery—into the parent company in a bid to simplify its structure and sharpen operational efficiency.
The decision was cleared at a board meeting on March 10 and disclosed in a regulatory filing to the stock exchanges. The merger will take effect from April 1, 2025, subject to statutory approvals.
All three transferor companies are direct or indirect wholly owned subsidiaries, meaning no fresh shares will be issued and the shareholding pattern of Devyani International will remain unchanged once the scheme is completed.
The subsidiaries together operate more than 100 outlets—including dine-in restaurants and cloud kitchens, spread across over 40 cities such as Delhi NCR, Mumbai, Kolkata and Bengaluru.
Devyani International, the largest franchisee of Yum Brands in India, said the consolidation is aimed at generating operational synergies, optimising resource utilisation and reducing layers within the corporate structure.
Financially, the move brings together businesses of varying scale. As of March 31, 2025, Devyani International reported a net worth of Rs 10,381.02 million and turnover of Rs 33,493.33 million. Sky Gate Hospitality posted a net worth of Rs 761.14 million with turnover of Rs 2,657.57 million, while Blackvelvet Hospitality and Say Chefs Eatery reported smaller operations and negative net worth.
The merger will consolidate these operations under a single corporate umbrella as the company sharpens its focus on scale and efficiency.
Devyani International currently runs more than 2,000 outlets across over 280 cities in India, Nigeria, Nepal and Thailand. Its portfolio includes franchise rights for brands such as Pizza Hut, KFC, Costa Coffee, Tea Live, New York Fries and Sanook Kitchen, alongside its own food brands.
With the paperwork underway and approvals pending, Devyani is essentially clearing the corporate clutter—turning three subsidiaries into one tighter, leaner operation. In the QSR world, even the back office needs a spring clean.
