Yum has over 70 KFCs and 160 Pizza Hut units in India. It recently opened its first Taco Bell outlet in March.
Yum reduced the number of restaurants in India by 14 in the September quarter from the preceding quarter to 811.
Quick service restaurant Pizza Hut on Wednesday said it has partnered with Hindustan Unilever to add the FMCG firm's Kwality Wall's ice cream and desserts to its dine-in as well as the delivery and takeaway menu. With this partnership, Pizza Hut expects to increase its average order value by 10 per cent for orders that have Kwality Wall's ice cream and desserts, a joint statement said.
Food safety has hit headlines in India after government food safety inspectors found excess lead in packets of Nestle's Maggi instant noodles.
Declining interest rates, a near-normal monsoon leading to higher rural incomes and pay hikes for central government employees are key triggers, says Dev Chatterjee.
Though some sponsors of Australian cricketers have pulled individual sponsorship deals, the decision by Magellan suggests the financial impact of the episode will go to the core of a sport seen by many Australians as the embodiment of fairness.
Satya Nadella is the highest-paid CEO in the US. So how do the other Indian-American executives fare?
Many app makers have stopped work on their projects or abandoned them, mostly because of the lack of customers or limitations of the device.
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