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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...
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Bengaluru Techie Who Was Laid Off Turns Rapido Driver To Get Job Leads

A Twitter user has shared a 'Peak Bengaluru' moment about a software developer who lost his job at HCL and is now driving a Rapido bike to get leads on any Java developer openings across the city.

Srinivas Rapolu, a skilled Java developer was laid off from Hindustan Computers Limited (HCL). He now works as a driver for Rapido and hopes to find a suitable job as a Java developer. Mr Rapolu's story was shared on Twitter by Loveneesh Dhir. "My Rapido guy is a Java developer recently laid off from HCL driving rapido to get leads for any Java developer openings," Mr Dhir wrote on Twitter.

"I have his cv. DM if you have any relevant openings," Mr Dhir added. He also called the incident his "peak Bengaluru" moment.

See the post here:

His post soon went viral and collected nearly 2 lakh views on Twitter. The post generated mixed reactions on the social media platform. While some appreciated Mr Dhir's effort of helping the Rapido driver, others called it a gimmick for publicity.

Mr Dhir clarified in a follow-up tweet, he wrote, "This is not a tweet gimmick." He shared Mr Rapolu's CV. 

HCL also reacted to the post, "We're sad to hear about your experience. Request you to please DM us the details (Name, SAP ID, Contact, Email), we shall try our best to assist you."

Another user commented, "that's straight-up hustling. massive respect for the guy. i never think of how easy I've got."

The third user commented, "Appreciate this gesture of yours."



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