India's quick-service restaurant (QSR) industry is showing early signs of demand recovery, but Macquarie highlights rising costs and intensifying competition from food-delivery aggregators as reasons for its cautiousness. According to Macquarie, post-fourth-quarter trends indicate a gradual improvement in dine-in demand across restaurant chains. Within the sector, Macquarie remains most constructive on franchise operators Devyani International, Sapphire Foods and Westlife Foodworld. However, the recovery remains uneven and is being overshadowed by inflationary pressures and the growing dominance of delivery platforms such as Zomato and Swiggy. The brokerage said same-store sales growth across the listed QSR universe is tracking broadly in line with or slightly ahead of fourth-quarter levels. However, restaurant brands continue to trail delivery aggregators in growth, highlighting a structural shift in consumer behaviour. To counter this trend, restaurant operators have increa...
A 26-year-old British tourist died after he was reportedly hit by lightning while paddleboarding in Greece, as per Guardian. The unnamed man was in the sea during a thunderstorm in Agia Agathi, Rhodes, as his girlfriend filmed him from the beach, according to local media.
Greek newspaper Rodiaki reported that lightning struck the water near the man shortly before 1.30 pm local time on Tuesday, causing him to fall into the water injured.
Soon after the incident, emergency services dashed to the scene, and the man was taken to the shore. Rescuers frantically tried to save his life, following which medics took him to a local hospital before he was declared dead.
Though the Port Authority of Rhodes confirmed the man's age and that he was a British national, they gave no further information.
An investigation is now underway into the incident.
A spokesperson said, ''This is an active case so we cannot give more details at the moment.''
The Foreign and Commonwealth Office said, 'We are supporting the family of a British man who has died in Rhodes and is in contact with local authorities.''
Last year, one man died and another was injured after lightning struck Mount Falakro in northern Greece.
Recently, a similar incident was witnessed in the US, when a 34-year-old man died and his young son was seriously injured after they were struck by lightning while walking from a bus stop in Texas.
from NDTV News- Special https://ift.tt/WjY0Jdi
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