LPG Shortage: Food in restaurants may become costlier by 14% to 20%, pressure on quick service restaurants due to LPG shortage – Market

According to the report of brokerage house JM Financial, its impact will be more on QSR (Quick Service Restaurant) companies. This may have a negative impact on the operations and profits of the restaurant for some time. The biggest concern for Westlife FoodWorld, Devyani International, Sapphire Foods India and Restaurant Brands Asia is rising kitchen…

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KFC, Pizza Hut operators Devyani & Sapphire Foods merger in focus: All you need to know about the deal

Two franchise operators, Devyani International and Sapphire Foods, have announced a merger in a share-swap deal, creating one of the largest and most diversified quick service restaurant (QSR) platforms in India. In an exchange filing on Thursday evening, the Board of Directors of Devyani International and Sapphire Foods India, at their respective meetings, approved a…

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