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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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Mother Of Woman Stripped In Manipur Wants To See Bodies Of Son, Husband

The mother of one of the two women paraded naked by a mob in Manipur on May 4 urged the MPs of opposition coalition INDIA to help her see the bodies of her husband and son, who were also killed on that day.

A delegation of 21 MPs from the opposition bloc is on a two-day visit to the state, and meeting people affected by the violence.

When Trinamool Congress MP Sushmita Dev and DMK MP Kanimozhi met the mother of one of the victims, she urged them to help her at least see the bodies of her son and husband.

She also told the two leaders the situation is such that Kukis and Meteis, the two warring communities, cannot live together anymore.

"Her daughter was raped, and her husband and son were killed by the mob in the presence of Manipur Police but till today, not a single police officer has been suspended," Ms Dev told PTI-Video.

"They have got a huge shock. They are saying that there was a mob of more than 1,000 people, and they have made a specific demand, which I will raise with the governor," she said.

The girl alleged that she was raped in front of the police, but nothing was done to help her, she added.

Ms Dev claimed that the girl is scared of the police now. "If a victim does not trust the police anymore then it is a constitutional crisis." Kanimozhi said the victim's father served in the Army and protected the nation, but could not protect his family.

"It is so sad to see a woman whose daughter was raped. She lost her husband and her son on the same day and there is no justice for them," she said.

The viral video of the May 4 incident renewed the national attention on Manipur, where violence broke out nearly three months ago, killing over 160 people since then, and injuring hundreds.

The violence erupted on May 3 after a 'Tribal Solidarity March' was organised in the hill districts to protest against the Meitei community's demand for Scheduled Tribe (ST) status.

Meiteis account for about 53 per cent of Manipur's population and live mostly in the Imphal Valley, while tribals, which include Nagas and Kukis, constitute 40 per cent and reside mainly in the hill districts.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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