Quick Service Restaurants

4 reasons why ICICI Sec initiates coverage on Travel Food Services with Buy

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.

Competition bites into QSR growth as weak demand shadows expansion

SR companies continued to focus on value offerings

Jubilant FoodWorks' dough keeps rising while rivals go half-baked

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

In a first, CCI probes allegations against quick-commerce companies

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

ONDC & NRAI working together to shape a robust framework for food business

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

India's restaurant sector can create 15 million jobs by 2028: NRAI

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

Travel Food Services gets Sebi's approval to launch Rs 2,000-cr IPO

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

Swiggy tanks 6% on heavy volume, nears record low; Key reasons for fall

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.

Core biz recovery, biryani bet boost Devyani International outlook

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

Amid wavering loyalty, quick-service restaurants whip up treats for GenZ

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

5% GST for restaurants with non-specified premises: Finance Ministry

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

Champions Trophy 2025: Restaurants, pubs eye surge in sales on Super Sunday

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

Quick-service restaurant stocks in demand: Jubilant, Devyani rally up to 5%

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

Jubilant FoodWorks' healthy growth offset by margin, valuation concerns

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

Quick commerce platforms flouting FDI norms, competition law, alleges CAIT

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

Blinkit rolls out Seller Hub for easier onboarding of sellers, brands

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

Cost of convenience: Restaurants list higher prices in online menus

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

Coffee Day, Barbeque-Nation: No long queues yet to buy restaurant stocks

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.

QSR sales struggle as Zomato, Swiggy's expansion fragments market share

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

Turning the tables: How quick service restaurants are tackling slowdown

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