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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...

Shefali Jariwala Laid To Rest At Mumbai's Oshiwara Crematorium

Shefali Jariwala has been laid to rest at Mumbai's Oshiwara Crematorium. Her father, brother, and husband performed her last rites as per Hindu traditions.

For the unversed, this is the same place where Sidharth Shukla's final rites took place back in 2021. Shefali and Sidharth were seen together in the thirteenth season of the reality show Bigg Boss.

Instagram/Viral Bhayani

Instagram/Viral Bhayani

Shefali and Hindustani Bhau had formed a close bond during their time in the Bigg Boss house. In fact, she even used to tie rakhi to him.

Earlier, when Hindustani Bhau visited the RN Cooper Municipal General Hospital where Shefali was taken post her demise, he addressed the media saying, “She was like my family. More than a sister, she was my child".

A lot of members from the fraternity were present at the funeral to pay their last respects.

Shefali passed away on the night of June 27 after suffering a cardiac arrest. Official confirmation to be out with postmortem reports.

When her husband took her to the hospital, she was declared dead on arrival by the doctors.

Meanwhile, the Maharashtra Minister of State for Home Affairs, Yogesh Kadam assured a thorough investigation into the sudden death of the 42-year-old actress.

Speaking to IANS, he shared, “The police have gathered information, and the investigation is ongoing. If there is any foul play or if any complaint is received, we will definitely examine that angle and conduct a thorough inquiry. We cannot speculate at this stage, but if there is any doubt, action will be taken.”

Additionally, police have also recorded the statements of eight people in the matter including statements of the family members, servants and the doctor at Bellevue Hospital.

While the initial reports suggest that Shefali might have suffered a heart attack, the official cause of death is yet to be shared by the doctors who performed the postmortem.



from NDTV News- Special https://ift.tt/lCPwF9S

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