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Restaurants Recent News

KFC, Burger King And Domino's India Stocks Under Pressure Amid McDonald's Fake Cheese Fallout
|Shares of fast-food restaurant chain operators were tumbling on Tuesday after state authorities were reportedly set to launch inspections into food-quality standards following an incident where fake cheese was found to be used at a McDonald's.
Apple's Tablet PC Shipments Decline By 17%, But Still Ahead Of Samsung, Lenovo
|Apple Inc. continued to lead the market with a 25% share, followed by Lenovo at 24% and Samsung at 19%. However, the Cupertino giant has witnessed a significant drop in market share that stood at around 37% in Q4 2022.
FDA Gives Clean Chit To Barbeque Nation After UP Lawyer Claims Finding Mouse In Meal
|A man from Prayagraj, Uttar Pradesh, who allegedly found a mouse in a Barbeque Nation meal during a recent trip to Mumbai has criticised the state Food and Drug Administration (FDA) for giving a clean chit to the restaurant.
Coca-Cola India Hands Over Bottling Operations In Key Territories To Franchisees: Report
|Coca-Cola's refranchising step reflects its global policy of focusing more on branding and strategy by divesting from asset-heavy bottling operations.
Tata Starbucks Sets Sights On 1,000 Stores In India By 2028
|To meet the 1,000-store goal, Tata Starbucks plans to double its workforce and tap into the potential of Tier 2 and 3 cities, drive-thrus, airports, and 24-hour stores.
Why Is Zomato In No Rush To Integrate Blinkit Into Its App?
|When Zomato acquired the online grocery firm Blinkit in 2022, industry observers were keen to see how it would be integrated into the parent food-delivery platform.
Zomato Increases Platform Fee In Major Markets: New Rates Effective January 1
|This move by Zomato, alongside its competitor Swiggy, mirrors a broader trend among consumer-focused internet platforms to implement additional charges, aimed at enhancing unit economics.
Dosa Costs ₹600 At Mumbai Airport: Netizens Lose Their Minds
|Several users highlighted the recurring trend of high dosa prices, citing a recent incident where a Zomato employee expressed disbelief at paying ₹1000 for two dosas at a popular Gurugram restaurant.
Zomato Eyes Acquisition Of E-Commerce Logistics Firm Shiprocket For $2B: Report
|Founded in 2017, Shiprocket is an aggregator of third-party logistics companies, working with 17 courier partners and has raised around $270 million in funding.
Midcap Stock Jumps 7% on Major Expansion Plans
|Devyani International's share price jumped back in the green on Tuesday morning going up over 7% to hit an intraday high of ₹196.75.
Coca-Cola Dives Into India's Ready-To-Drink Tea Market With 'honest Tea'
|The announcement was made during the seventh edition of the Bengal Global Business Summit (BGBS).
Pizza Price Cut Ahead of Cricket World Cup: Fact Or Fiction?
|While smaller pizza brands have indeed been expanding their presence, especially in tier-2 and tier-3 cities, and offering competitive prices, is that really bothering the Domino's and Pizza Hut's of the world?
From First Taste At 21, This Odia Man's Burger Startup Is Giving McDonald's, Subway A Run For Their Money
|The company, also venturing into the café segment with ‘BIGG Café', prides itself on crafting burgers that harmonize with the Indian palate while upholding international taste standards.
G20 Summit: Why Are India's Best Hotel Chains Working On Special 'Millet' Delicacies For World Leaders?
|2023 isn't just the year Delhi hosts the G20 Summit; it's also the International Year of Millets, as declared by the United Nations.
Exclusive: Blue Tokai Changed The Coffee Game In India—And Still Has More Brewing
|When quizzed about what he views as the brand's unique selling point, Shivam Shahi is quick to reply "quality and transparency."
As Food Inflation Soars Burger King Waves Goodbye To Tomatoes
|As India grapples with soaring food inflation, Burger King has removed tomatoes from its wraps and burgers in many of its outlets due to a quadrupling of prices, as per a Reuters report.
Commercial LPG Cylinders Get Cheaper By Nearly ₹100
|These prices are adjusted on the first day of each month. After the last hike on March 1, prices went down by ₹91.50 per cylinder in April, ₹171.50 in May and ₹83.50 in June.
Subway India Reportedly Joins McDonald's In Tomato Takedown Amid Inflation Woes
|As tomato prices in India soar nearly 400% to record highs, some outlets of the global fast-food chain, Subway, have stopped serving tomatoes in their salads and sandwiches due to quality issues. This move is the latest response by a foreign brand to the inflationary pressures in the country, Reuters reported.
Bite-Sized Prices: Domino's Fights Inflation With World's Cheapest Pizza
|The world's largest pizza brand, Domino's, is combating high inflation in India by offering the world's cheapest pizza. Priced at 49 rupees, this seven-inch cheese pizza is part of the company's strategy to retain customers amidst rising prices.
McDonald's India Pulls Tomatoes Out Of Its Menu Amid Soaring Prices
|India's tomato prices have soared due to the impact of heavy rainfall and seasonal issues on supply chains, transportation, and crop quality.
How This Forgotten Butter Company Inspired The Amul Girl's Creation
|On Wednesday, advertising great Sylvester daCunha, the man who created the unforgettable character with art director Eustace Fernandes, passed away, leaving behind an enduring legacy.
SoftBank Looks To Cash In On Paytm, Zomato Rally Via Stake Sale
|SoftBank reportedly plans to sell shares of Paytm parent One97 Communications and food aggregator Zomato gradually in smaller tranches on the open market rather than through a block deal.
Sizing Down To Scale Up: Starbucks' New Strategy Targets India's Smaller Towns
|Over the past 11 years, Starbucks has opened 343 stores in India. In contrast, local chains like Third Wave and Blue Tokai, supported by private equity, have launched about 150 outlets in just three years.