Food safety has hit headlines in India after government food safety inspectors found excess lead in packets of Nestle's Maggi instant noodles.
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.
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.
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.
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.
The outlet of Kentucky Fired Chicken in Thiruvananthapuram has been closed down by the state Food Safety Authorities after a worm was found in a chicken dish bought by a customer from the multi-national restaurant chain, FSA sources said on Tuesday.
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.
the first franchisee has been awarded to M/S US Eating Point.
A sector that was to have created millions of new jobs in the country is reporting job losses before it even gets under way.
Exiled Tibetan spiritual leader the Dalai Lama has told the Kentucky Fried Chicken fast food chain to stay out of Tibet over alleged cruelty to animals, an animal rights group said on Thursday.
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.
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.
Two weeks after Maoists and police exchanged fire in Wayanad, a Kentucky Fried Chicken outlet and two offices of the Forest department were on Monday attacked by suspected Maoists in Palakkad and Wayanad districts.
'While we conversed in Marathi, she would always make it a point to ask me in English, "Are you okay? Have you eaten?"' 'I sorely miss that care and concern.'
Government considering proposal to allow conversion of used cooking oil into biodiesel, say Shine Jacob and Shreya Jai.
'The best way to make an impact in this market is by focusing on three things: Unmet customer need, unarticulated customer need, and emerging customer need,' Metro's Arvind Mediratta tells Sangeeta Tanwar and Alokananda Chakraborty.
Come May, the Deltin Royale, which boasts of the country's largest poker room, will play host to India's first Poker Sports League.
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'In the newsroom, the thought process is about understanding the story and trying to look beyond the obvious. The fiction-writing process is similar in many ways but more internal.'