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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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Pallavi Dempo 1st Woman To Contest Lok Sabha Polls On BJP Ticket From Goa

The executive director of Dempo Industries, Pallavi Dempo, is the first woman candidate in the BJP's Goa poll history. The BJP today declared Ms Dempo's candidature from South Goa in its latest list of 111 candidates for the uupcoming general elections.

A Goan entrepreneur and educationist, Pallavi Dempo has a graduate degree in chemistry and a postgraduate degree in business management (MBA) from MIT, Pune.

The 49-year-old entrepreneur oversees the media and real estate arm of Dempo Industries as its executive director.

The South Goa seat is currently represented by Congress leader Francisco Sardinha and the BJP has won this constituency only twice since 1962.

The South Goa constituency, spread across 20 assembly segments, changed hands among the Maharashtravadi Gomantak Party, United Goans Party, and Indian National Congress. The BJP won this seat in 1999 and 2014 but couldn't retain it.

Ms Dempo's husband Shrinivas Dempo is a noted industrialist who heads the Goa Chamber of Commerce and Industries (GCCI).

The Dempo family has adopted government high schools under the Rural School Adoption Programme to provide vocational training to girls.

Pallavi Dempo is the president of the Indo-German Educational and Cultural Society which contributes to the cultural enrichment between Germany and Goa.

She is the trustee of Moda Goa Foundation, a fashion and textile museum started by Wendell Rodricks and has served as a member of the academic council affiliated with Goa University from 2012 to 2016.

Besides being a member of various other organisations, Pallavi Dempo is also part of the managing committee of the Goa Cancer Society and serves on the core committee of All India Management Association's Women's Council - AIMA Aspire.

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



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