Louisville, Ky.-based Yum! Brands Inc. said Tuesday it will create a separate corporate reporting unit for its business in India, removing it from Yum! Restaurants International and creating a separate unit like its powerhouse China division. Niren Chaudhary has been promoted to president of the new standalone division, Yum! Restaurants India, and will report directly to Yum chief executive David Novak. “There is clear evidence that we are at the same stage of development as we were in ...

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