McDonald’s Reports Surprise Drop in Global Sales Due to Economic Pressures.
McDonald’s has recently reported a surprising decline in global sales for the second quarter of 2024, marking its first drop in 13 quarters. According to data from LSEG, the fast
Westlife Foodworld, the operator of McDonald’s in India, reports an 88.7% drop in profit for Q1 FY25.
Westlife Foodworld Limited, the franchisee responsible for operating McDonald’s restaurants across West and South India, has reported a significant financial setback for the
Bikaji Foods International Reports Impressive 40.2% Growth in Net Profit for Q1 FY25
Bikaji Foods International Ltd, a leading name in ethnic snacks, has reported a substantial 40.2% rise in its consolidated net profit, reaching Rs 58.06 crore for the first quarter
Restaurant and Food Services Sector: NRAI Seeks Budget Support
The National Restaurant Association of India (NRAI) is advocating for specific support in the upcoming Union Budget to enhance the restaurant and food services sector. As a signifi
BY 2028, ONE OUT OF EVERY THREE FOOD JOINTS IS PROJECTED TO BE A QUICK-SERVICE RESTAURANT (QSR)
The Quick-Service Restaurant (QSR) sector in India is undergoing a significant transformation, expected to claim nearly 29% of all food joints by 2028, marking a substantial increa
Adyar Ananda Bhavan, a renowned restaurant chain, aims to secure ₹1,000-1,200 crore through private equity funding
Adyar Ananda Bhavan (A2B), the iconic restaurant chain renowned for its delectable southern cuisine, is embarking on a significant financial initiative to raise ₹1,000-1,200 cror