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SUBWAY PROFIT
US Stocks: US food giant Sysco strikes $29 billion deal for catering supplier Restaurant Depot; shares drop 12%Sysco said on Monday it would buy catering supplier Jetro Restaurant Depot in a $29  billion deal, including debt, expanding the top U.S. f...
New Yorkers rebel: AI startup’s million-dollar ad campaign gets defaced on the streetsNew Yorkers are reacting strongly to a huge AI ad campaign in the subway. The startup Friend spent millions on posters, but many people are...
GST court passes order against Subway franchisee for not passing rate cut benefit to customerThe GSTAT, in its first profiteering order, found Urban Essence, a Subway franchisee, guilty of not passing on a GST rate cut benefit of Rs...
Swiggy’s Bolt expands to 500 cities as Zomato scraps 10-minute deliveryBacked by a network of over 45,000 restaurant partners, the service has seen strong traction across metros as well as Tier II and Tier III ...
Vishwas Agri Seeds IPO subscribed 34% so far on Day 1; Chatha Foods' issue booked 4x on final dayVishwas Agri Seeds IPO was oversubscribed 34 times, on the first day of opening. Chatha Foods' IPO, which is closing today, has garnered ov...
Relief for Subway Systems as CCI drops charges of profiteeringIn a relief to Subway Systems, the Competition Commission of India has dropped charges of profiteering against the company and held that ch...
NYC transit agency pulls the brake on Twitter service alertsThe agency's access to the platform's back-end, officials soon learned, had been suspended by Twitter without warning.
Subway says it's exploring selling the sandwich companySubway has been losing market share in recent years to fast-growing rivals like Panera and Firehouse Subs, which feature more varied menus ...
Fast food chain Subway drags taxman to court over GST on intellectual property rightsThe American fast food chain told the court that the taxman kept issuing summons without following due process
Reliance Retail hires ex-Coca Cola India boss to strengthen F&B playFood and beverage is among the fastest-growing categories in organised retail. Krishnakumar's mandate will be to help bulk up this portfoli...
Multinationals operating through franchisee model in India set to benefit under anti-profiteering following court orderSome of the companies including Subway and Starbucks have been under the anti-profiteering investigation after it was found that they did n...
ProfitBoard Ventures Managing Partner adds homemade immunity-boosting concoctions to his dietAlok Patnia enjoys mental exercises like meditation & sudoku puzzles.
Delhi High Court postpones the hearing on anti-profiteering under GST to January after a no consensusAbout 51 companies including HUL, Abbott, Johnson & Johnson, Philips, Acme developers, Samsonite, Jubilant Foods, Nestle, Whirlpool, Samsun...
Chinese AI giant blacklisted by Trump thrives in virus eraThe Hong Kong-based startup’s revenue surged 147% to 5 billion yuan ($720 million) in 2019 and its customer base increased by about 500 to ...
Authority rejects plaint against not passing on GST rate cut gainsIn November last year, GST was lowered to 5% from 18% for all restaurants, except those located within hotels with room tariffs of Rs 7,500...
Subway, Yum restaurants under watch for failing to pass on GST rate cut benefitsThe agency has questioned their practice of passing tax cuts on select products and not across the board, according to an official aware of...
Subway targets Europe with 1,000 new outlets in 2014Subway plans to pick up the pace of openings in Europe by adding as many as 1,000 new locations in 2014.
- Metro rails cost more than space travel: Chinese planners
Chinese planners warned that construction and maintenance turned out to be costlier than space travel, with networks in Beijing and Shangha...
Restaurants such as McDonald's and Subway add senior citizens to their business platterMany restaurants are offering special loyalty cards and comforts of blankets and shawls besides reaching out to old-age homes to woo what t...
- Lite Bite Foods to open outlet in Singapore and Bangkok
Lite Bite, promoted by Dabur India vice-chairman Amit Burman and entrepreneur Rohit Aggarwal, is also looking at options in London, Dubai, ...