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Hyundai regrets offence caused to people of India after Kashmir tweet

South Korean auto major Hyundai Motor Company on Tuesday regretted the offense caused to Indians by "unauthorised Kashmir-related social media posts" by its distributor in Pakistan and said the......

KFC apologises, Pizza Hut says don't condone posts on Kashmir

Quick Service Restaurant (QSR) chain KFC on Monday apologised following an outrage on social media over a post from its Pakistan-based franchise supporting separatists in Kashmir. Photograph:......

It's confirmed! McDonald's India uses authentic cheese

Westlife Foodworld, fast-food chain McDonald's operator in West and South India, on Tuesday said food safety regulator FSSAI has verified the cheese used by it and is now allowed to use the word......

Brokerages eye Sapphire amid muted QSR outlook

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......

Be selective in consumption stocks, say analysts

Consumption-related stocks, such as hotels, and quick service restaurants (QSRs), have been hitting the ball out of the park ahead. Photograph: Jason Lee/Reuters On the other hand, the Miss World......

Analysts bet on FMCG, retail, consumer electronics ahead of festive season

The recent equity market weakness has sobered up investor mood, but the coming festive season is keeping analysts upbeat on stocks related to the consumption basket. Kindly note the image has only......

A QSR full course serves up weak demand, margin pressures as sides

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......

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