Jul 28, 2021 04:32 PM IST
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.
- Jul 25, 2021 10:59 PM IST
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.
- Jun 11, 2021 08:17 PM IST
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.
- Dec 18, 2020 07:29 PM IST
- Oct 25, 2017 03:10 PM IST
Earlier the company was criticized in Israel after an ad that allegedly mocked Palestinian activists who were carrying hunger strikes inside prisons
- Jul 12, 2017 12:37 PM IST
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.
- May 04, 2017 09:50 AM IST
KFC, also from Yum Brands, has reported a growth of two per cent in system sales during the January-March period.
- Feb 05, 2017 01:42 PM IST
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.
- Mar 24, 2016 03:24 PM IST
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.
- Feb 22, 2016 06:52 PM IST
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.
- Jan 01, 2016 12:00 AM IST
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.
- Oct 19, 2015 12:17 PM IST
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.
- Oct 14, 2015 01:56 PM IST
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.
- Oct 07, 2015 01:30 PM IST
Jubilant Foodworks saw a 4 percent fall intraday on Yum Brands' weak same-store sales growth.
- Oct 07, 2015 11:43 AM IST
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.
- Sep 13, 2015 12:19 PM IST
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.
- Jul 12, 2015 03:09 PM IST
Big Bazaar ties up with MobiKwik for mobile wallet service
- May 01, 2015 02:15 PM IST
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.
- Nov 21, 2013 09:50 AM IST
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.
- Oct 10, 2013 02:08 PM IST
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.
- Oct 04, 2013 04:35 PM IST
By leveraging predictive consumer behavioural intelligence and targeted time-axis campaigns, Pizza Hut attains a consistent sales growth.
- Aug 31, 2013 07:32 PM IST
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.
- Aug 05, 2013 11:50 AM IST
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.
- Jul 10, 2013 12:31 PM IST
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.
- Jun 22, 2013 03:17 PM IST
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.