Fast Food Brands

Nestle SA eyes $1 billion deal for 'Ching's Secret' owner in India

Capital Foods makes the Ching's Secret brand of spicy noodles and fusion chutneys infused with so-called "desi Chinese" flavors. It also sells Smith & Jones cooking pastes and masala mixes

McDonald's to hire 5,000 people, double stores in Northern, Eastern India

Quick service restaurant McDonald's India (North and East) on Monday said it will hire around 5,000 people as it looks to double its outlets to cross 300 restaurants in the region over the next three year, its top official said on Monday. It rolled out its largest restaurant in India at Guwahati, spread across 6,700 sq ft with a capacity to feed 220 people at a time, on Monday as part of its expansion exercise. Speaking to PTI, McDonald's India (North and East) Managing Director Rajeev Ranjan said the company is on a rapid growth path and looking to expand its network across the states under it. "All issues and problems are behind us and we are focussed on growing our business," he said while replying to a query if the legal matters with the erstwhile McDonald's partner has been settled. In 2020, the US fast food chain selected MMG Group Chairman Sanjeev Agrawal as its new partner to operate outlets in north and east India following buyout of 50 per cent stake from the estranged ..

Food-delivery firm Swiggy shuts cloud kitchen brand in Delhi, NCR

Expansion of The Bowl Company in these places was an experiment, says company

Godrej Yummiez expands vegetarian portfolio; aims for 30% growth in FY23

Godrej Yummiez, a brand of ready-to-cook products from Godrej Tyson Foods (GTFL), expanded its vegetarian portfolio with the launch of Godrej Yummiez Crispy Potato Starz

Nirula's loses Deepak but iconic food legacy will live on forever

If you ever relished Nirula's Hot Chocolate Fudge, you will definitely miss the huge void as India's very first fast food chain has lost Deepak Nirula, who made the brand famous across north India

QSR chain Wow! Momo raises Rs 125 cr from OAKS Asset for business expansion

"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

Jubilant Foodworks bullish about medium-term market potential in India

Jubilant Foodworks, Domino's Pizza master franchisee for Indian operations, has accelerated its pace of network expansion in the country and is bullish about its medium-term market potential in India. "The company's present assessment of the medium-term market potential in India is 3,000 stores. Accordingly, the company has systematically strengthened its business development capabilities and as a result, has now significantly accelerated the pace of network expansion...," according to the company's latest annual report. During the financial year 2021-22, Jubilant Foodworks has crossed the 1,500th Domino's store milestone in India, the only Domino's market outside the USA to have achieved this feat, it said. The company is strategically expanding the restaurant network of Domino's. It added 230 new stores during the financial year ended on March 31, 2022. "The company increases its reach primarily by entering new cities and fortressing its existing markets," it added. Moreover, dur

Domino's Pizza quits Italy after 7 years as locals shun American pies

The US chain entered Italy in 2015 through a franchising agreement with ePizza SpA and planned to distinguish itself by providing a structured national delivery service

Strongly believe in India story, will continue physical expansion: KFC

US-based fast food chain KFC will continue to expand its restaurant network in India despite the coronavirus pandemic bringing structural changes in the business, believing the country to be a growth market in the coming years, according to a top company official. KFC India, which opened around 30 new restaurants last year during the peak of the COVID-19-induced disruptions, is looking at adding new outlets this year too as it looks to enhance access of the brand to its consumers. "Our intent is definitely to keep growing the brand. One of our biggest strategic pillars is what we call as access. We have to ensure that access to the brand continues to grow for the consumers, both physical and digital," KFC India Managing Director Samir Menon told PTI. Despite the COVID-19 disruptions, he said, "We actually have more restaurants now than we had in pre-COVID. During the course of the year, our franchisees have opened new restaurants. So we actually are a bigger business now than we wer

Pizza Hut co-founder Frank Carney passes away from pneumonia at 82

Frank Carney, who with his brother started the Pizza Hut empire in Wichita, died from pneumonia. He was 82.

Private equity group Inspire Brands to buy Dunkin' in $11.3 billion deal

The deal is one of the largest transactions ever in a restaurant industry that's being upended by the pandemic.

Hike GST, but allow input tax credit for QSRs that employ many: Amit Jatia

In a Q&A, Vice-Chairman of Westlife Development which operates McDonald's in West and South India, says his outfit has neither laid off any of its 10,000 employees not cut their pay

Pizza Hut, KFC see 18% top line growth in October-December quarter

This is the highest growth in six quarters for KFC and Pizza Hut, indicating that their turnaround is on track