Pizza Hut plans to shut down its hundreds of locations across the United States during the first half of 2026 as parent company Yum! Brands moves forward with a strategic assessment aimed at addressing the brand’s ongoing challenges. Yum! Brands, the parent company of Taco Bell and KFC, announced during Wednesday’s earnings call that it…
Devyani International Share Price: Shares of quick service restaurant chain Devyani International climbed over 8 per cent after analysts maintained a positive outlook on the stock after its third quarter results for the current financial year (Q3FY26). The company’s stock rose 8.11 per cent to Rs 133.30 per share by 11.44 am on Thursday, up…
A Swiggy Instamart delivery has captured widespread attention online after a delivery partner turned up with his child and politely declined a cash tip, instead requesting a positive rating for his service. What began as an ordinary delivery became notable when the man arrived on his bike with a young child seated behind him. When…
Sapphire Foods-Devyani International Merger: Sapphire Foods India Limited and Devyani International Limited announced a major merger on Thursday, January 1, 2026, the first day of the new year. According to a stock exchange filing, the plan of arrangement for merger of Sapphire Foods with Devyani has been approved by the company’s board. The deal brings…
India’s KFC and Pizza Hut operators Sapphire Foods and Devyani International said on Thursday they will merge in a $934 million deal, creating a fast-food franchisee powerhouse in the world’s most populous country. The deal comes as India’s fast-food franchises grapple with higher costs, slowing same-store sales and margin pressure, while facing stiff competition from…
An Indian national who took legal action against his manager for racial abuse at a KFC outlet in south-east London has been awarded almost £67,000 (over 81 lakh). He claimed he was fired unfairly and treated poorly because of his race, as reported by news agency. PTI. The victim identified as Madhesh Ravichandran, who originally…
