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 17-year-old girl was allegedly raped by a youth who had befriended her on social media and his three friends in a car in Madhya Pradesh's Gwalior, police said on Monday.
Police have invoked provisions of the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act since the victim is a Dalit, an official said, adding that nobody has been arrested so far.
The incident occurred on November 21 but a complaint was lodged four days later as the girl kept mum because she was threatened by the accused against disclosing the incident, an official said.
Additional Superintendent of Police Niranjan Sharma said the girl and her family lodged a complaint.
"The girl became friends with a youth on Facebook last year. On November 21, her male friend took her to a deserted forest area in a car where he and his three friends raped her and also threatened to kill her," he said.
A case was registered under sections 376 (Punishment for rape), and 377 (unnatural act) among others, along with the Protection of Children from Sexual Offences (POCSO) Act.
According to sources in police, the victim has claimed that one of the accused is a close relative of a politician.
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
from NDTV News- Special https://ift.tt/RdLrVhD
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