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McDonald’s franchisees in Kentucky fined for illegal employment of 300 minors, including 10-year-olds
The Department of Labor has fined three McDonald's franchisees in Kentucky for violating labor laws. The franchisees were found to have employed more than...
KFC India achieves 25% sales growth in March quarter, outpaces Pizza Hut
Quick-service restaurant chain KFC India achieved a sales growth of 25% in the first quarter that ended on March 31, while Pizza Hut in...
Consumer demand for groceries and essentials hits two-year peak, report finds
During the March quarter, the demand for daily groceries and essential goods experienced a significant boost of 3.9%, which is the highest it has...
MHA announces millet-based meals for CAPFs and NDRF personnel
In an announcement made on Wednesday, the Union Home Ministry informed that meals served to the Central Armed Police Forces (CAPFs) and National Disaster...
Magicpin becomes largest restaurant aggregator on ONDC, fulfilling 10,000 daily orders
Magicpin, India's inaugural hyperlocal startup, recently revealed that it is successfully fulfilling over 10,000 orders each day on the ONDC network. This is being...
The rise of ONDC: A threat to Swiggy and Zomato’s dominance?
One year ago, the National Restaurant Association of India (NRAI) urged its members to stop partnering with food delivery giants Swiggy and Zomato. The...
Swiggy provides significant insurance benefits to delivery workers, settles claims worth INR 31 Crore
Swiggy, a food and grocery delivery company, has facilitated the disbursement of INR 31 Crore in claim amounts to its delivery partners during FY23.With...
McDonald’s franchise CPRL to boost presence in North and East; plans to double outlet count
Connaught Plaza Restaurants Ltd (CPRL), the franchise holder for McDonald's in the North and East regions, has announced its intention to double the number...
Liquor manufacturer Jagatjit Industries to invest INR 210 crore in Punjab for setting up a grain-based ethanol plant
Jagatjit Industries Ltd, a company with expertise in the liquor industry, has announced plans to invest INR 210 crore to establish a grain-based ethanol...
Adani Wilmar’s profitability affected by lower edible oil prices and inflation; reports 60% decline in PAT for FY23
Adani Wilmar, a major player in the FMCG industry, reported in a regulatory filing that their profitability for the quarter ending on March 31,...
Mondelez International promotes Deepak Iyer to oversee $6.8 billion AMEA business as EVP and President
Chocolate and cookie maker Mondelēz International is set to see a leadership change, as Deepak Iyer, the current President for India & Southeast Asia,...
Godrej Consumer Products to raise INR 5,000 crore via NCDs; board to consider proposal for fundraising
Godrej Consumer Products Ltd (GCPL) on Tuesday announced its plan to raise INR 5,000 crore from the market by issuing Non-Convertible Debentures (NCDs).According to...