Shares of Burger King-operator Restaurant Brands Asia (RBA) today rose 3% to their day’s high of Rs 84.56 on the BSE after the company announced that its board will meet on Friday to consider raising of funds via a preferential issue, qualified institutions placement (QIP) or other methods. “Pursuant to Regulation 29(1)(d) of the SEBI … Read more
Lamb Burger | Photo Credit: Special arrangement There is a class action lawsuit in the US against fast food giant Burger King that their signature Whopper burgers shown in images are allegedly 35% larger, with more than double the amount of meat compared to what was actually served to customers. Why worry over mass-produced, deceptive … Read more
May 4, 2022 — Burger King went with a meatless menu for a month at its flagship storefront in Leicester Square, London, apparently to check the public’s appetite for no-meat fast food. The restaurant tried the experiment from March 14 to April 10. An unnamed UK Burger King spokesperson called the experiment a success, with … Read more
Burger King’s parent company said on Thursday it has not been able to close its 800 restaurants in Russia because its independent operator there “refused” to do so. Restaurant Brands International Inc said that to enforce its contracts with the franchisee, Alexander Kolobov, it would need the help of the Russian government, but “we know … Read more
Metal stocks like Tata Steel, JSW Steel and Jindal Steel and Power are looking very convincing from here on, says Rahul Shah, VP-Equity Advisory, Motilal Oswal Financial Services. Excerpts from an interview: Would you apply the same logic to the hotel sector picks seeing that if travel is picking up ideally we should likely also … Read more
Antony Waste Handling Cell, which cancelled its IPO in March, will also likely try again in December, according to bankers. Synopsis Suryoday Small Finance Bank, ESAF Small Finance Bank, Nazara Technologies, RailTel, Burger King, Kalyan Jewellers and Antony Waste Management are among those that are conducting road shows and planning initial public offers (IPOs) in … Read more