A couple in Shahjahanpur, Uttar Pradesh, jumped from the second floor of a pizza outlet after allegedly being accosted by members of a Hindutva organization who demanded their identity cards and made videos of them. Police have booked eight men in connection with the incident.
The financial capital, notorious for its traffic snarls, has achieved a first in the country after a city-based pizza outlet used an unmanned drone to execute a delivery by taking the aerial route recently.
India's financial capital Mumbai, notorious for its traffic snarls, has achieved a first in the country after a city-based pizza outlet used an unmanned drone to execute a delivery by taking the aerial route recently.
As new players make plans to invade the Indian market, learning from incumbents like Domino's and Pizza Hut may be the best hope for survival, even success.
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Bangalore-based US Pizza Restaurants, which sells the fast food under the brand name US Pizza, will invest more than Rs 500 crore (Rs 5 billion) to open over 1,000 outlets by 2011 for a pan-India expansion.US Pizza is also planning to open more than 40-45 outlets in European countries such as Norway, Sweden, Germany and France and in domestic front, it is planning to enter a new city every month as they are looking to tap new markets by entering tier-II and tier-III cities.
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Even as New Delhi turns up the heat on Turkish firms over Ankara's public embrace of Islamabad, Indian companies rooted in Trkiye are staying put. Mahindra & Mahindra (M&M), Dabur India, and Jubilant FoodWorks say it's business as usual, with no plans to alter course despite the geopolitical chill.
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.
Pizza chain Domino's Pizza plans to add 31 more outlets across India by 2006 taking the total number to 133 with an investment of Rs 17 crore (Rs 170 million) in the stores.
The usage of unmanned drone for the first time in India by a Mumbai-based pizza shop for delivery has come under the scanner of the Mumbai police, which will seek an explanation from the outlet as to why it did not inform them before carrying out the experiment.
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Pizza Hut is looking for Team Members on a full-time and part-time basis for their outlets in Gurgaon.
The video of the youngster, who works at a pizza outlet in Shaheed-e-Milat in Karachi, was uploaded by Abdul Majid Kalwar on Twitter.
KFC opened doors to its first restaurant in Mariplex, Kalyani Nagar, in Pune on April 10.
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.
United States-based quick service restaurant chain Domino's Pizza on Thursday said share of India in its global revenue would increase substantially in the near future and that the country would become one of its top five revenue garners within three years.
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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.
A third of the total restaurant market in India - valued at Rs 4.25 trillion - could be wiped out in the current financial year, since many players have simply been unable to sustain operations in the absence of customers.
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.
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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.
"It went up to 20-odd per cent in 2019 and to 25 per cent a year later. "That's when we decided to pull the plug; it was not sustainable for our business," says Chadha. Madison & Pike, instead, turned to Mumbai-based start-up Thrive, which provides third-party delivery services to restaurants at a much lower commission - three to five per cent.
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McDonald's problems couldn't have surfaced at a worse time. Cut-throat competition, rapid expansion and a slowdown in consumer spending in the wake of demonetisation have seriously dented the overall quick-service restaurant business.
Indian consumers are likely to get respite from rising prices just before the festival season. Some consumer companies, including automakers, have indicated that they are planning to pause price hikes just before demand picks up in August, while keeping a close eye on volatile raw material prices.
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.
Travel portals have started to tie-up with online shopping portals and offline retail outlets to jointly promote their value-added offers as shopping portals gather huge traffic around festival time. They reason it will help them tide over the current lean phase in the economy.
Tata Starbucks had hiked the base price of one its coffee variant after the GST Council cut tax rates on restaurants from 18 per cent to 5 per cent with effect from November 15, 2017.
McDonald's, for instance, plans to invest Rs 120-150 crore (Rs 1.2-Rs 1.5 billion) for expansion in the current year. It will add 40 new outlets across India (it has 155) and open 40 kiosks, dessert and beverage service counters. Says Vikram Bakshi, managing director (north and east)" "We will maintain 30-35 per cent growth rate this year as well."
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