According to CNBC, shares of Devyani International, the Indian operator of KFC and Pizza Hut, rose after announcing a merger with rival franchisee Sapphire Foods, with the merger news cited as the direct catalyst for the price move (source: CNBC). According to CNBC, both Devyani International and Sapphire Foods are key franchise partners for KFC and Pizza Hut in India, and the report frames the move as a merger between rival franchisees that triggered investor interest (source: CNBC). According to CNBC, the report does not mention any crypto assets or digital tokens, and no direct cryptocurrency market impact is cited (source: CNBC).