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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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Diamond League Live: Murali's Long Jump Event Coming Up Chopra To Follow

Lausanne Diamond League 2023 Live: India's ace javelin thrower Neeraj Chopra, who was a gold medallist at the Tokyo Olympics, will be returning to action after a one-month injury lay-off. He is seeking a second straight podium finish of the season at the Lausanne leg of the Diamond League in a star-studded field on Friday. The 25-year-old Indian superstar had made a perfect start to the Diamond League season with a top podium finish in Doha, Qatar, on May 5 with a fourth career-best throw of 88.67m but suffered a muscle strain while training later that month. Murali Sreeshankar will also be competing in the long jump event.

Here are the Live Updates of Lausanne Diamond League 2023, Javelin Throw event: 



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