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The report added that companies have ramped up store launches to take advantage of lower rent rates at key locations
Members will be able to use their accounts only on two devices as companies aim to plug misuse
There were 34 companies added to the segment in 2016
A founder of a quick service company reportedly said that the 10-minute delivery was something of a "gimmick" as the speed of the delivery has slowed down and the costs have rise
The stock was down 7.55 per cent in trade on Wednesday and ended at Rs 566.45 per share
Sales uptick in dine-in and delivery channels, new products and gradual royalty hikes are positives
"We expect Wow! Momo to not only gain domestic market share in India but also to be the first global sized QSR company from India," said Vishal Ootam, founder and CEO of OAKS Asset Management
The effort that has been put into the look and feel of the place indicates that Karim's is fully invested in Leh
It comes just days after, on Tuesday, HC had asked the restaurants why they could not increase the salaries of their staff instead of levying a service charge
Aggressive expansion, raw material inflation, and competitive pressures to hit Quick Service Restaurant (QSR) player Jubilant FoodWorks stocks and profitability, say analysts
Value players, or those catering to price sensitive customers, may see growth and profitability concerns, they said
A national food industry body and several restaurant owners on Friday said the government's move to come out with a legal framework to stop service charges will hurt the staff
The National Restaurant Association of India (NRAI) on Thursday told the government that levy of service charge by a restaurant is a matter of individual policy and there is no illegality in levying it.
All QSR majors, however, will face margin pressures given rise in food prices, analysts say
Despite margin concerns, growth outlook & strong balance sheet can support valuation
The Series A funding comes just months after the start-up closed its pre-Series A funding round in April from a clutch of investors.
Among the hundreds that shut shop were popular brands that decided to consolidate, explore other models
The latest round of funding values the company at Rs 1,225 cr
After a massive disruption during the second wave of Covid-19, retail activities in the country have started recovering steadily
The 'Take Home' service of restaurants and dhabas across Noida and Greater Noida will remain banned during night curfew period from 10 pm to 6 am, the Gautam Buddh Nagar police said Wednesday.