The restaurant chains are riding the Hallyu wave -- a phenomenon about the growing global prominence of South Korean pop culture.
USA's pacer Ali Khan made a big disclosure on social media that he has been denied a visa by India to participate in next month's T20 World Cup.
From tears in the stands to songs in the airport, the India-Pakistan rivalry delivered agony and ecstasy in equal measure.
Developing relations with the Taliban is needed, but plunging headlong into Afghanistan without due thought will be akin to the rooster entering a KFC outlet, warns Lieutenant General Prakash Katoch (Retd).
Australian star all-rounder Glenn Maxwell is hopeful of regaining fitness in time for the latter half of the upcoming T20 International series against India after undergoing surgery on his fractured right wrist.
TasteAtlas has unveiled its global line-up of top chicken dishes. It's no surprise that Butter Chicken is No 5.
The recipe for Indian higher education institutions to succeed in the global markets is excellence in academics, promoting contemporary socially relevant material, and enabling individuals (learners) to realise their full potential, suggests N Ravichandran.
'We deeply apologise for a post that was published on some KFC social media channels outside the country. We honour and respect India, and remain steadfast in our commitment to serving all Indians with pride,' according to a message on KFC India official account on Twitter.
Biryani is set to get its own valuation. Devyani International, the largest franchisee of Kentucky Fried Chicken (KFC) quick-service restaurants (QSRs) in India, is considering the acquisition of Sky Gate Hospitality, which operates restaurants under the brand Biryani By Kilo (BBK), it said in a statement to BSE on Monday.
Last year, Yum! Restaurants, the company that owns the brand that retails a range of fast foods, decided to extend the KFC brand concept to beverages, with Krushers, a range of chilled drinks. India was one of two test markets selected for this exercise, Australia being the other.
'Only a fool would put his life savings into a restaurant at 59... but I did'
Yum! Restaurants International, a $8 billion global restaurant company with franchisee brands like KFC and Pizza Hut, on Thursday said it would open as many as 50 new restaurants in the country to expand India operations.
KFC opened doors to its first restaurant in Mariplex, Kalyani Nagar, in Pune on April 10.
Smarting from a protest-ridden start, KFC is now on its second course deciphering the Indian audience. KFC learnt the obvious lesson that a multinational, entering a country where nationalists were still making it harder to shake off the licence raj, could not afford hubris.
Zomato is at 5, Swiggy at 9, Blinkit at 10.
'Unless a comedian is involved in something society deems unforgivable...'
Ghosts of the past came to haunt Kentucky Fried Chicken (KFC) when officials from the food safety department in Kerala raided a Thiruvananthapuram outlet following complaints of worms in the chicken being served.
Even as the near-term outlook for the quick service restaurant (QSR) industry remains muted, brokerages are positive about the prospects of Sapphire Foods India. Their preference for the QSR chain comes on the back of the steady performance of Kentucky Fried Chicken (KFC), superior execution and reasonable valuations. The Sapphire Foods stock is up 11 per cent since the start of November.
Australia pacer Josh Hazlewood claimed the Men's Test Player-of-the-Year award. It marked his first Australian Cricket Award, with Hazlewood taking 30 wickets at just 13.16 in Tests against the West Indies, New Zealand, and India.
When Kasturi Rajamurty won a gold medal in powerlifting at the WPPL World Cup in Russia, she sure had come a long way. From a life of penury to constantly being short of funds to fuel her passion, she had finally triumphed, and how.
Snacking is largely about fun and to ride on the fun aspect fast food company KFC has added an innovative new product on its menu - chicken popcorn- small morsels of boneless chicken, battered and fried. Indeed, the company has shown a lot of aggression over the past one year, adding new products and opening new outlets.
In the first quarter (Q1) of the ongoing financial year ending June 30, Westlife Foodworld, which operates McDonald's outlets in the South and West, reported an 88 per cent drop in net profit. While net sales remained flat, its same-store sales growth (SSSG) fell by 6.7 per cent, impacted by "subdued in-store business, although the off-premise segment saw positive same-store sales", the company said.
If you have a strong argument going for you, it's better to go out and take the charges head-on because silence could easily be construed as an admission of guilt.
Recently, South Korean Foreign Minister, Chung Eui-yong, dialled his Indian counterpart, S Jaishankar, in New Delhi. His government, he said, "regretted the offence caused to the people of India". A day earlier, India had summoned the South Korean ambassador to express its "strong displeasure" over "an unacceptable social media post".
in the last three months, brands such as Tata Starbucks, KFC, and Pizza Hut have launched drive-through or kerb-side delivery services at their restaurants to catch consumers nervous about dining in.
Billionaire Mukesh Ambani's Reliance Jio is India's strongest telecom brand in India, ahead of Bharti Airtel and Vodafone Idea Ltd, according to brand intelligence and data insights company TRA. TRA, formerly Trust Research Advisory, in its 'India's Most Desired Brands 2022' ranked companies according to their brand strength. Reliance Jio topped the telecom category, followed by Bharti Airtel, Vodafone Idea Ltd and BSNL.
Except for Westlife Foodworld (Westlife), a weak 2022-23 (FY23) January-March (fourth quarter, or Q4) quarter performance and a muted near-term outlook led to a downward revision of earnings estimates for quick-service restaurant (QSR) players. Brokerages have slashed estimates by as much as 10 per cent for 2023-24 (FY24) and 2024-25 (FY25). The downward revisions have weighed on the performance of listed players, who have underperformed the market with low single-digit returns over the past month.
A recent survey discovered that Bengaluru has some of the classiest high streets in our country.
The company further said once the situation was brought to its attention, it made the distributor acutely aware of the "inappropriateness of the action".
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.
Taco Bell operates through over 500 restaurants in 30 countries outside the US. In the US, it has around 7,000 restaurants.
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
These companies join the likes of other global firms Hyundai, Suzuki, Toyota, KFC, and Pizza Hut which have also apologised for social media posts by their business associates in Pakistan supporting Kashmir Solidarity Day following backlash in India and call for boycott of their products.
the first franchisee has been awarded to M/S US Eating Point.
However, international fast-food chains have had to change this business model completely, to adapt to Indian preferences.
India's plant-based meat market is estimated at $30-40 million, largely driven by consumer packaged food. The market size in India is likely to touch $500 million in three years.
Food safety has hit headlines in India after government food safety inspectors found excess lead in packets of Nestle's Maggi instant noodles.
Yum has over 70 KFCs and 160 Pizza Hut units in India. It recently opened its first Taco Bell outlet in March.
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