Near-term prospects hinge on the progress of the second wave of Covid-19. A lockdown will dent prospects as 60 per cent of revenues come from the dine-in segment.
Before opening its first outlet in the country on November 9, the US fast food chain, Burger King Corporation, had approached the HC seeking an assurance that companies it had sued for trademark infringement will not approach lower courts for stay orders against its launch.
Burger King's entry is expected to heat up the burger chain market in India, dominated by McDonald's.
Burger King Worldwide Inc has entered into a joint venture with private equity and real estate firm Everstone Group to start operations in India.
Investors seem to have fully savoured the Burger King India IPO, with the share sale getting subscribed a massive 156.65 times on the last day of the offer on Friday.
Through the IPO, Burger King has raised Rs 450 crore, which will be used to rollout new outlets and retire debt.
The company plans to collaborate with stopover management consolidators, who will participate in the bids to develop food courts and rest areas along the highways. Such stopovers will house multiple restaurant brands, reports Avishek Rakshit.
Earlier, there were reports about Pantaloon tying up with the Seattle-based coffee chain Starbucks for its India foray.
US fast food chain Burger King Worldwide will open about 12 outlets in India over the next 60-90 days.
The issue will comprise a secondary share sale worth Rs 600 crore by private equity major Everstone Capital and fresh fundraising worth Rs 400 crore.
The Whopper creater has most of its burgers priced at par with McDonald's.
Former India wicketkeeper Saba Karim praised South African pacer Nandre Burger for his decisive opening spell that put Chennai Super Kings on the back foot in Rajasthan Royals' IPL opener in Guwahati on Monday, March 30, 2026.
Vaibhav Sooryavanshi's 15-ball fifty powers Rajasthan Royals to an 8-wicket win over CSK after bowling them out for 127 in their IPL 2026 opener.
Playing his first game in front of his home fans at the M A Chidambaram Stadium in Chennai, Samson again disappointed with the bat as he was dismissed after scoring just seven.
A preview of the IPL match between Rajasthan Royals and Gujarat Titans, focusing on key players like Vaibhav Sooryavanshi and the challenges both teams face.
Lucknow Super Giants wasted a strong bowling effort as a batting collapse handed them a 40-run defeat against Rajasthan Royals.
Sanju Samson, now playing for Chennai Super Kings, is set to face his former team, Rajasthan Royals, in a highly anticipated IPL match in Guwahati, marking a significant shift in his career and a new chapter for both franchises.
Rajasthan Royals, after a setback against Sunrisers Hyderabad, aim to exploit the Kolkata Knight Riders' ongoing struggles in their upcoming IPL match. KKR, plagued by consecutive defeats and questionable decisions, are desperate for a win in front of their home crowd before a month-long break.
15-year-old Vaibhav Sooryavanshi smashes a 15-ball fifty and other sensational stats as Rajasthan Royals crush CSK by eight wickets in their IPL 2026 opener.
Vaibhav Sooryavanshi's explosive century went in vain as Ishan Kishan and Abhishek Sharma smashed half-tons as Sunrisers Hyderabad beat Rajasthan Royals by 5 wickets.
With key changes and a focus on a balanced squad, can the Rajasthan Royals make a significant impact in the Indian Premier League 2026 season under Riyan Parag's leadership?
The restaurant chains are riding the Hallyu wave -- a phenomenon about the growing global prominence of South Korean pop culture.
Senior batter Virat Kohli's awesome genius in 50-over format was on full view during his 52nd hundred that guided India to a strong 349 for eight against South Africa in the first ODI of the three-match series in Ranchi on Sunday.
The Indian Premier League (IPL) 2026 auction saw some foreign names earning big bucks, headlined by Aussie all-rounder Cameron Green
Expect some fireworks for the highly-versatile Cameron Green along with Quinton de Kock, Matheesha Pathirana, Venkatesh Iyer and Ravi Bishnoi.
'I'd always played cricket in the backyard with friends and parents, but wouldn't say I ever had the desire to be a professional.'
Punjab Kings will look to renew their bid for a play-off berth with another commanding performance in Jaipur on Sunday against Rajasthan Royals, who have failed to rise above mediocrity despite possessing the resources this season.
The world's largest burger chain, McDonald's, has had a smooth run in India till now. But Burger King, one of its biggest rivals, could be looking to eat away at its headstart.
Zomato is at 5, Swiggy at 9, Blinkit at 10.
The brand which has been endorsed by the likes of Paris Hilton, Kim Kardashian and Padma Lakshmi will open the first outlet in New Delhi next April.
Organised players have been the biggest beneficiaries after the lockdowns were lifted. Given real estate is not as expensive now, players want to take advantage of the trend.
The contest between laggards Chennai Super Kings and Rajasthan Royals holds no significance in the context of the IPL 2025 play-offs.
Shares of all the 14 companies are currently trading above their issue price.
The so-called high networth individual portion saw 620x more demand than shares on offer.
In a country like India, where counterfeit items are sold in every nook and corner, the regulation of trademark infringement poses a big challenge.
Global private equity (PE) firms are successfully offloading large equity stakes in domestic companies in the open market, taking advantage of buoyant conditions. Strong domestic liquidity support and an upward trending market have underpinned over a dozen PE exits worth $2.5 billion, data compiled by Business Standard shows. The figures exclude PE exits during maiden share sales and shares sold by strategic investors, such as SoftBank and Ant Group in new-age companies.
South African pacer Nandre Burger said on Tuesday that the experience of playing against India in the recently-concluded all-format home series was incredible and he learnt a lot during the course of it.
More cos could join the likes of Burger King and Antony Waste in giving listing another shot.
When Amit Jatia, vice-chairman of Westlife Development (WLDL), which operates fast-food chain McDonald's in West and South India, wanted to become the American fast-food giant's local partner in 1995, he had to first convince his family he would remain a staunch vegetarian. As McDonald's - home of the iconic Big Mac - completes 25 years in India, being one of the largest operators in the quick-service restaurant (QSR) segment in the country with over 300 outlets, Jatia has held on to the promise he made to his family. Not one to sit back and watch anyone flip the Big Mac, he gets straight to the meat of the matter when he says McDonald's success menu will see the QSR expand its ever-hungry 'foodprint' by doubling the number of joints and increasing its average unit volume by 35-40 per cent in five years.
PepsiCo has tie-ups with KFC, Pizza Hut, Domino's, Burger King, and Subway in India, while Coca-Cola has a partnership with McDonald's only
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