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Devyani International forms JV with PVR Inox to develop food courts in malls
Devyani International, the operator of well-known quick service restaurants (QSRs) like KFC and Pizza Hut, established a 51:49 joint venture with cinema operator PVR...
Devyani International reports INR 49 Cr loss in Q4 despite 38% YoY revenue surge
Devyani International, India's leading franchisee for Pizza Hut and KFC, announced a net loss of INR 49 crore for the quarter ended on March...
Sapphire Foods’ Q4 profit plummets 98% to INR 2.39 Cr amid sluggish demand
Sapphire Foods India, the company operating the Pizza Hut and KFC chains of restaurants, reported its largest profit decline since going public and missed...
McDonald’s India operator Westlife Foodworld reports 96% profit slide in Q4 amidst weak demand
Westlife Foodworld, which operates McDonald's restaurants in west and south India, reported a 96% drop in fourth-quarter profit on Wednesday, as inflation-weary consumers reduced...
Pizza Hut appoints Carl Loredo as president of Pizza Hut U.S.
Juan Carlos "Carl" Loredo has been appointed as the president of Pizza Hut U.S., reporting directly to Aaron Powell, CEO of the Pizza Hut...
KFC parent Yum Brands reports decline in global same-store sales for Q1
Yum Brands saw a decline in quarterly global same-store sales, attributed to fluctuating demand for its KFC and Pizza Hut brands among inflation-wary consumers...
PizzaExpress India appoints Krunal Chahwala as CEO
PizzaExpress India, the British multinational pizza restaurant chain, has named Krunal Chahwala as its chief executive officer, as announced in a social media post...
Yum Brands goes high-tech: AI set to reshape operations at Pizza Hut, KFC, and Taco Bell
Pizza Hut, KFC, and Taco Bell are set to significantly enhance their operations through the integration of artificial intelligence. Yum Brands, the parent company...
Pizza Hut ramps up expansion in India, targets younger demographic with new menu offerings
Pizza Hut, an American multinational pizza restaurant chain, is expanding its geographical presence and targeting a younger demographic in India, as per a company...
Pizza Hut launches global bestseller Melts in India; marks entry into a new category in the Indian market
Pizza Hut, India’s cherished and trusted pizza brand, has launched its global bestseller, Melts, marking the brand’s entry into a new category in the...
Yum Restaurants India exits Devyani International, sells entire stake for INR 871 Crore
Yum Restaurants India on Wednesday sold its entire 4.4% stake in Devyani International for INR 871 crore through an open market transaction.Devyani International, the...
Devyani International surges 6% amid reports of block deal; Yum Restaurants likely seller
On February 21, Devyani International Ltd, the largest domestic franchisee for Yum Brands (including KFC & Pizza Hut) and the sole franchisee for Costa...