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Restaurant Recovery: Macquarie Has Picked Winners, And Jubilant Isn't On The List

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...

Guntur Kaaram: Mahesh Babu Dedicates Film's Teaser To His Father

Telugu superstar Mahesh Babu paid tribute to his father and actor Krishna on his birth anniversary by sharing the title and teaser of his upcoming movie.

Taking to his Twitter handle, Mahesh Babu shared the poster and captioned it, "Today is all the more special! This one's for you Nanna."

In the next post, he unveiled the teaser of the film titled Guntur Kaaram.

Sharing the teaser, he wrote, "Highly inflammable! #GunturKaaram."

The film was tentatively titled SSMB28. The movie is slated to hit theatres on January 13, 2024.

In the video, Mahesh Babu gets into action with a stick in his hand, as everyone is waiting for him at Mirchi Yard. "Endi Atta Soosthunnav... Beedi 3D Lo Kanabaduthundaa..." thunders Mahesh Babu, as he leans on the ground and lights a beedi with two match sticks.

The remaining scenes demonstrate Guntur Kaaram's enduring appeal to a wide audience by providing a peek of its fiery lead character, who is properly described by the slogan "highly inflammable."

The teaser ended by paying homage to legendary actor Krishna.

Helmed by Trivikram Srinivas, previously, the actor and the director collaborated for blockbuster hits Athadu and Khaleja and after the long wait of 12 years, the duo is all set to reunite once again for a big-budget project.

As today is the birth anniversary of veteran actor Ghattamaneni Krishna, one of the top actors of his era. Krishna, originally known as Ghattamaneni Siva Rama Krishna Murthy, did around 350 films. He was also a producer and director. In 2009, he received the Padma Bhushan Award.

He entered Telugu cinema with Adurthi Subba Rao's romantic drama Thene Manasulu in 1965.

He passed away on November 15, 2022, in Hyderabad due to health issues.



from NDTV News- Special https://ift.tt/z0yirJj

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