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  • Pizza Hut plans aggressive expansion in India Jul 28, 2021 04:32 PM IST

    Pizza Hut plans aggressive expansion in India

    The QSR launched its 500th store in India today and is eyeing a larger presence in the tier II and III towns of the country.

  • Exclusive | KFC, Pizza Hut & Costa Coffee Operator Devyani International May Launch IPO On 4th August; 3rd QSR Listing Post Burger King & Barbeque Nation Jul 25, 2021 10:59 PM IST

    Exclusive | KFC, Pizza Hut & Costa Coffee Operator Devyani International May Launch IPO On 4th August; 3rd QSR Listing Post Burger King & Barbeque Nation

    The listing plans of Devyani International were first reported by Moneycontrol on February 19, 2021. The firm, which is likely to list on 16th August, 2021 is an arm of diversified conglomerate RJ Corp, the largest bottler for Pepsi Co in India and it also counts Yum! Brands, the second-largest QSR (quick-service restaurant) company in the world, and Singapore’s Temasek as investors.

  • Consumer demand for dine-in services may not recover until second half of FY22: Care Ratings Jun 11, 2021 08:17 PM IST

    Consumer demand for dine-in services may not recover until second half of FY22: Care Ratings

    The overall market size of the food services industry is expected to have declined by 40-50 percent in FY21 due to the global outbreak of COVID-19 and subsequent imposition of restrictions in the country.

  • Business Insight | After Burger King, KFC & Pizza Hut Operator May Bring An IPO In 2021 Dec 18, 2020 07:29 PM IST

    Business Insight | After Burger King, KFC & Pizza Hut Operator May Bring An IPO In 2021

  • What made people in Saudi Arabia call for a boycott of Pizza Hut altogether Oct 25, 2017 03:10 PM IST

    What made people in Saudi Arabia call for a boycott of Pizza Hut altogether

    Earlier the company was criticized in Israel after an ad that allegedly mocked Palestinian activists who were carrying hunger strikes inside prisons

  • KFC - yes that KFC - is selling its own smartphones in China Jul 12, 2017 12:37 PM IST

    KFC - yes that KFC - is selling its own smartphones in China

    KFC made the announcement about the partnership with Huawei in a post on its Weibo account on Friday. An accompanying video on KFC's Weibo account highlighted how far both brands had come since their humble beginnings when they first opened for business in 1987.

  • Pizza Hut logs 6% growth in system sales in Q1; KFC 2% May 04, 2017 09:50 AM IST

    Pizza Hut logs 6% growth in system sales in Q1; KFC 2%

    KFC, also from Yum Brands, has reported a growth of two per cent in system sales during the January-March period.

  • Pizza Hut plans to double outlets to over 700 by 2022 Feb 05, 2017 01:42 PM IST

    Pizza Hut plans to double outlets to over 700 by 2022

    Pizza Hut considers India to be one of its most important markets and plans to double its store count to over 700 in the next five years, riding the wave of growing popularity of western fast-food in the country, a senior company executive said.

  • Yum in talks with KKR, Hopu, to sell stake in China unit-sources Mar 24, 2016 03:24 PM IST

    Yum in talks with KKR, Hopu, to sell stake in China unit-sources

    The chain plans to spin off its 6,900 restaurants in China, which account for about half of the company's total sales, by the end of 2016. Yum China will list on the New York Stock Exchange, and possibly in Hong Kong.

  • Heritage Foods eyes Rs 1,000 cr turnover by FY19 Feb 22, 2016 06:52 PM IST

    Heritage Foods eyes Rs 1,000 cr turnover by FY19

    Hyderabad-based Heritage Foods expects to cross Rs 1,000 crore turnover by FY19 and plans to invest Rs 20 crore every year to expand stores across cities such as Bengaluru, Chennai and Hyderabad.

  • Yum Brands to return $13.5 billion to shareowners by 2019 Jan 01, 2016 12:00 AM IST

    Yum Brands to return $13.5 billion to shareowners by 2019

    The company, which is spinning off its China division at the end of the month, now plans to expand its share buyback plan to USD13.5 billion, including dividends.

  • IRCTC launches pilot project on 'e-catering' service Oct 19, 2015 12:17 PM IST

    IRCTC launches pilot project on 'e-catering' service

    In the first phase of the project, all trains passing through 45 specified railway stations, including nine in the east zone, namely Howrah, Sealdah, Guwahati, New Jalpaiguri, Patna, Bhubaneswar, Visakhapatnam, Kharagpur and Mughalsarai have been named.

  • Move over Yum, Goldman sees 26% upside in Jubilant Food Oct 14, 2015 01:56 PM IST

    Move over Yum, Goldman sees 26% upside in Jubilant Food

    Shares of Jubilant Foodworks were down 7 percent since Yum! Brandsreported Q3CY15 results on October 6. Goldman Sachs believes the correction was due to increased concerns on same-stores-sales growth (SSSG) after Yum! reported negative 18 percent SSSG in India.

  • Jubilant may not follow Yum Brands' weak growth: Religare Oct 07, 2015 01:30 PM IST

    Jubilant may not follow Yum Brands' weak growth: Religare

    Jubilant Foodworks saw a 4 percent fall intraday on Yum Brands' weak same-store sales growth.

  • Jubilant Food falls 4%; sentiment negative on Yum! Q3 nos Oct 07, 2015 11:43 AM IST

    Jubilant Food falls 4%; sentiment negative on Yum! Q3 nos

    Yum! Brands India division sales fell 9 percent on an annual basis while same-store sales growth SSG for 3 brands (KFC, Pizza Hut, Taco Bell) declined by 18 percent from a fall of 4 percent year-on-year. Its operating loss in India in Q3 was up around 2.6 times at USD 8 million versus USD 3 million.

  • McDonald's is going to use Rs 750 cr to double its outlets Sep 13, 2015 12:19 PM IST

    McDonald's is going to use Rs 750 cr to double its outlets

    McDonald's India is stepping up its operations in western and southern markets of the country by doubling its outlets with an investment of Rs 750 crore in the next five years.

  • Big Bazaar ties up with MobiKwik for mobile wallet service Jul 12, 2015 03:09 PM IST

    Big Bazaar ties up with MobiKwik for mobile wallet service

    Big Bazaar ties up with MobiKwik for mobile wallet service

  • Foodpanda raises $100mn from investors led by Goldman Sachs May 01, 2015 02:15 PM IST

    Foodpanda raises $100mn from investors led by Goldman Sachs

    Active in over 580 cities globally, Foodpanda has partnered with over 60,000 restaurants. In India, the company has partnerships with more than 3,000 restaurants, including brands like Pizza Hut, Subway, Nirula's, Faasos, Baskin Robbins and Ammi's Biryani. Previously, the company had raised USD 110 million in March this year.

  • Yum Brands to combine business units by brands Nov 21, 2013 09:50 AM IST

    Yum Brands to combine business units by brands

    The reorganisation will be effective from January 1 and beginning fiscal year 2014, the company will report results for KFC, Pizza Hut and Taco Bell and for its China and India divisions.

  • Expect Jubilant to report Rs 440cr topline in Q2: Quant Oct 10, 2013 02:08 PM IST

    Expect Jubilant to report Rs 440cr topline in Q2: Quant

    Kalpesh Makwana of Quant Capital expects Jubilant FoodWorks to report a topline of Rs 440 crore and a profit after tax (PAT) of Rs 40 crore.

  • Pizza Hut Achieves Incremental Growth With Capillary's Lifecycle Marketer Solutions Oct 04, 2013 04:35 PM IST

    Pizza Hut Achieves Incremental Growth With Capillary's Lifecycle Marketer Solutions

    By leveraging predictive consumer behavioural intelligence and targeted time-axis campaigns, Pizza Hut attains a consistent sales growth.

  • How QSR industry is coping with economic woes Aug 31, 2013 07:32 PM IST

    How QSR industry is coping with economic woes

    Quick Service Restaurants (QSR) Industry are going all guns blazing to tackle the current economic gloom by offering a range of combos and price cuts to generate demand. Rising raw material costs and steep real estate investments are not making it any easier.

  • Tycoon's 10-year crusade to get a Big Mac in Vietnam Aug 05, 2013 11:50 AM IST

    Tycoon's 10-year crusade to get a Big Mac in Vietnam

    McDonald's is making a late entry into this market, where Yum Brands Inc already has dozens of Pizza Hut and KFC outlets and Burger King Worldwide Inc has 15 restaurants. Even Starbucks Corp debuted in Ho Chi Minh City in February and opened its second branch last week.

  • Credit Suisse cuts Jubilant Foodworks estimates; shrs fall Jul 10, 2013 12:31 PM IST

    Credit Suisse cuts Jubilant Foodworks estimates; shrs fall

    Credit Suisse has an "underperform" rating on Jubilant Foodworks and sees downside risks to the Domino's Pizza and Dunkin' Donuts restaurant chain operator's same-store sales guidance of 8-10 percent.

  • Online delivery service Foodpanda eyes Rs 500cr sales Jun 22, 2013 03:17 PM IST

    Online delivery service Foodpanda eyes Rs 500cr sales

    Foodpanda, is an online food delivery service, launched in India in 2012 by former McKenzie consultant Amit Kohli and investment banker turned entrepreneur Rohit Chadda.

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