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...
Former India captain MS Dhoni's decision to bat ahead of an in-form Yuvraj Singh in the 2011 ODI World Cup final against Sri Lanka turned out to be a game-changer. Knowing the Muttiah Muralitharan challenge that awaited the Indian team, Dhoni told the then-India coach Gary Kirsten that he plans to promote himself in the batting order. The rest, as they say, is history. More than a decade after the final, Muralitharan has opened up on the episode, sharing his opinion on why Dhoni did what he did that day.
In a chat during the ODI World Cup 2023 schedule announcement show, the Sri Lanka legend revealed that he already knew Dhoni would promote himself over Yuvraj Singh because of the experience he had playing against him in the Indian Premier League. For the unversed, Dhoni and Muralitharan were teammates at Chennai Super Kings at one stage.
"I knew because Yuvraj (Singh) was not very comfortable playing me, although he was the best player in World Cup at that time, middle-order number four position. I knew because I was bowling a lot against him (Dhoni) in the nets in Chennai while playing in the IPL.
"So Dhoni knew how to play me very well. So I thought he didn't want to give any wickets to me because I was wicketless despite bowling well," the iconic spinner revealed.
Having faced Muralitharan a number of times in the nets, Dhoni was best accustomed to tackle the tricky spinner's challenge.
"There was a lot of dew at that time and we couldn't spin the ball much. Gambhir was there at the other end, so when we got the wicket, definitely I knew he will come because he knows how to play me very well as I've played for Chennai (Super Kings)," Murali further revealed.
from NDTV News- Special https://ift.tt/d2A5fqz
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