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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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"Didn't Kick Anyone...": Salt Bae On Controversial Celebration With Messi

Nusret Gokce, the renowned chef better known as Salt Bae on the internet, courted controversy during the FIFA World Cup 2022 final in Qatar when he was pictured on the field following Argentina's win over France. Several fans accused him of trying to steal the spotlight on the historic occasion and the situation worsened when pictures surfaced of him holding the World Cup trophy on the field. In a recent interaction, Salt Bae opened up about the incident and provided his side of the story.

“It was a combination of my love of Argentina and my excitement. I love Argentina; I've lived there. I went to support them. Many of [the team] have come to the restaurant. I didn't feel a stranger. It was a special moment. I can't do anything about the reason I was there, but I would never, ever step on the World Cup pitch again. There were two billion people watching the World Cup… How many people are speaking about me? Five billion. The whole world,” he told the Times as per talkSPORT.

“I didn't go on the pitch with the purpose of advertising; I just felt like it. Then it was a bit of a surprise. There were at least another 1,000 people on the pitch but when they show the video they make out it was just me. I never, ever wanted to overshadow anything. I didn't like the attention. I didn't kick anyone, steal anything,” he added.

The controversy did not die down after the tournament as FIFA decided to come up with an official statement regarding the incident that took place after the summit clash. “Following a review, FIFA has been establishing how individuals gained undue access to the pitch after the closing ceremony at Lusail stadium on 18 December. The appropriate internal action will be taken.”



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