Quick Service Restaurants

Top 11 listed entities in Retail and QSRs opened 12 stores a day in 2022

The report added that companies have ramped up store launches to take advantage of lower rent rates at key locations

Served fair: Zomato, Swiggy cap password sharing for loyalty schemes

Members will be able to use their accounts only on two devices as companies aim to plug misuse

The rise and rise of QSR: Number of start-ups up 23% since 2016

There were 34 companies added to the segment in 2016

Higher costs and elusive profits: Why quick deliveries in India may go slow

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

Cost inflation overhang set to hit Jubilant FoodWorks in near term

The stock was down 7.55 per cent in trade on Wednesday and ended at Rs 566.45 per share

Multiple triggers to help Westlife Development maintain outperformance

Sales uptick in dine-in and delivery channels, new products and gradual royalty hikes are positives

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

Karim's, Nathu's, and others open in Leh: Fresh flavours at 11,500 ft

The effort that has been put into the look and feel of the place indicates that Karim's is fully invested in Leh

Delhi HC gives the green light to restaurants to levy service charges

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

Amid margin worries, Jubilant stock to face downside pressure in near term

Aggressive expansion, raw material inflation, and competitive pressures to hit Quick Service Restaurant (QSR) player Jubilant FoodWorks stocks and profitability, say analysts

Analysts take a bite of premium QSR stocks as restaurants hike prices

Value players, or those catering to price sensitive customers, may see growth and profitability concerns, they said

Service charge issue: Restaurants body, owners says govt's move unfortunate

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

NRAI says service charge levy by restaurants matter of individual policy

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.

Why Westlife could outperform Jubilant FoodWorks in the near term

All QSR majors, however, will face margin pressures given rise in food prices, analysts say

Price hikes & volumes may keep Jubilant FoodWorks hot for Street

Despite margin concerns, growth outlook & strong balance sheet can support valuation

Bengaluru-based Third Wave Coffee raises $6 mn in Series A funding round

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.

How Covid pandemic took a big bite out of the restaurant business

Among the hundreds that shut shop were popular brands that decided to consolidate, explore other models

QSR brand Wow! Momo Foods raises $15mn in Series C funding round

The latest round of funding values the company at Rs 1,225 cr

North, south markets lead India's retail recovery, says survey

After a massive disruption during the second wave of Covid-19, retail activities in the country have started recovering steadily

'Take Home' service banned during night curfew in Noida, Greater Noida

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.