Quick Service Restaurants

The brokerage believes that TFS' ability to secure and renew airport concessions, combined with rising per-passenger spending, will support consistent growth across its QSR and lounge businesses.

SR companies continued to focus on value offerings

Driven by Domino's Pizza, standalone revenue rose 18 per cent year-on-year (Y-o-Y). Orders grew 17.3 per cent, with like-for-like sales up 11.6 per cent

The CCI had asked the distributor's body for details on relevant market share of each of the quick commerce players in the FMCG industry

Several restaurant members had told Business Standard that there could be a tie-up with Rapido

India's restaurant sector has the potential to provide employment to 1.5 crore people by 2028, from 85 lakh at present, provided it gets the "right impetus" from the government including an 'industry' status and benefit of input tax credit on GST, National Restaurant Association of India's (NRAI) Vice President Zorawar Kalra said on Wednesday. The NRAI claims to represent 5 lakh restaurants across the country. The association has been at loggerheads with food delivery aggregators like Swiggy and Zomato primarily over the aggregators' foray into the quick-commerce space with their own private-label brands, arguing this move undermines fair competition and harms independent restaurants. "We don't have a separate industry status, that would be a big positive move, as it would give us a voice," Kalra told PTI. The NRAI Vice President, who is also the Founder and Managing Director of Massive Restaurants Pvt. Ltd, described the lack of input tax credit on GST as a "major issue" faced by t

The company, which filed its draft papers with Sebi in December last year, obtained its observations letter on April 22, the update showed

FPIs' stake in Swiggy declined to 4.9% in the March 2025 quarter from 6.2% at the end of December 2024 quarter, shows the shareholding data.

Sky Gate acquisition and improving same-store sales brighten outlook for QSR major

Players are increasingly drawing inspiration from pop culture trends, and are now riding the Hallyu wave - a phenomenon about the growing global prominence of South Korean pop culture

Option of 5% GST without ITC or 18% with ITC to be applicable on restaurant services provided at non-specified premises, clarifies FinMin

India takes on New Zealand in the Champions Trophy finale on Sunday. The two clashed earlier in the series, where India won the match by 44 runs

In Q3FY25, Domino's pizza chain operator Jubilant FoodWorks has reported a 56.2 per cent year-on-year growth in consolidated revenue from operations at Rs 2,153 crore

The company continues to outperform its peers even in a soft demand environment and analysts believe it will maintain its sales momentum even in the second half of FY25

The traders' body issued a white paper, claiming unfair business practices are putting nearly a quarter of 3 crore kirana retailers out of business

The programme, on the lines of Fulfilled by Amazon (FBA), has already attracted over 200 brands

Consumers are generally paying more while ordering food from online platforms and apps compared to eating at the same restaurant from which they order online

Thus far in 2024, stocks such as Coffee Day Enterprises, Speciality Restaurants, Barbeque-Nation Hospitality, Restaurant Brands Asia and Westlife Foodworld have lost up to 42%, shows ACE Equity data.

The widespread expansion of food delivery has provided consumers with more dining choices, leading to fragmented sales and further weakening the already struggling daily sales within the QSR sector

While high levels of food inflation continue to impact raw material prices, lingering effects of inflation are making consumers pull back on discretionary spends, lending to the sector's slowdown