A fast food restaurant, also known as a quick service restaurant (QSR) within the industry, is a specific type of restaurant that serves fast food cuisine and has minimal table service. The food served in fast food restaurants is typically part of a "meat-sweet diet", offered from a limited menu, cooked in bulk in advance and kept hot, finished and packaged to order, and usually available for take away, though seating may be provided. Fast food restaurants are typically part of a restaurant chain or franchise operation that provides standardized ingredients and/or partially prepared foods and supplies to each restaurant through controlled supply channels. The term "fast food" was recognized in a dictionary by Merriam–Webster in 1951.
Burger King (BK) is an American-based multinational chain of hamburger fast food restaurants. Headquartered in Miami-Dade County, Florida, the company was founded in 1953 as Insta-Burger King, a Jacksonville, Florida–based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees David Edgerton and James McLamore purchased the company and renamed it "Burger King". Over the next half-century, the company changed hands four times, with its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners, taking it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in the company, in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with partner Berkshire Hathaway, eventually merged the company with the Canadian-based doughnut chain Tim Hortons, under the auspices of a new Canadian-based parent company named Restaurant Brands International.
Mukesh Dhirubhai Ambani is an Indian business magnate, chairman, managing director, and the largest shareholder of Reliance Industries Ltd. (RIL), a Fortune Global 500 company and India's most valuable company by market value. According to Forbes and Bloomberg Billionaires Index, Ambani's net worth is estimated at US$101.3 billion as of June 2022, making him the richest person in Asia and the 7th richest in the world.
Vedanta Limited is an Indian multinational mining company headquartered in Mumbai, India, with its main operations in iron ore, gold and aluminium mines in Goa, Karnataka, Rajasthan and Odisha.
McDonald's has been involved in a number of lawsuits and other legal cases in the course of the fast food chain's 70-year history. Many of these have involved trademark issues, but McDonald's has also launched a defamation suit which has been described as "the biggest corporate PR disaster in history".
Marico Limited is an Indian multinational consumer goods company providing consumer products and services in the areas of health, beauty and wellness. With its headquarters in Mumbai, Marico is present in over 25 countries across Asia and Africa. It owns brands in categories of hair care, skin care, edible oils, health foods, male grooming, and fabric care such as Parachute, Saffola, Hair & Care, Parachute Advanced, Nihar Naturals, and Mediker.
McCafé is a coffee-house-style food and beverage chain, owned by McDonald's. Conceptualised and launched in Melbourne, Australia, in 1993, and introduced to the public with help from McDonald's CEO Charlie Bell and then-chairman and future CEO James Skinner, the chain reflects a consumer trend towards espresso coffees.
The majority of the locations of international fast-food restaurant chain Burger King are privately owned franchises. While the majority of franchisees are smaller operations, several have grown into major corporations in their own right. At the end of the company's fiscal year in 2015, Burger King reported it had more than 15,000 outlets in 84 countries; of these, approximately 50% are in the United States and 99.9% are privately owned and operated. The company locations employ more than 37,000 people who serve approximately 11.4 million customers daily.
Nirula's is India's oldest fast food restaurant chain. Based in North India and most popular in the NCR Delhi, it was Delhi's first fast food restaurant, opening in Connaught Place in 1977. Today it has over 70 outlets in NCR Delhi, Haryana, Punjab, and Uttar Pradesh states, offering a "Desi" version of Western fast food items.
Nirula's success has led them to branch out into other ventures which include, ‘Potpourri’, an Indian cuisine, casual dining restaurant chain; ‘Nirula's 21’, ice cream parlour chain, in addition to pastry shops and two hotels in Noida and Panipat. Recently Nirula's opened its first franchise in Patna, their first outlet in the entire east zone.
Jubilant FoodWorks Limited is an Indian food service company based in Noida, Uttar Pradesh which holds the master franchise for Domino's Pizza in India, Nepal, Sri Lanka and Bangladesh, for Popeyes in India, Bangladesh, Nepal and Bhutan, and also for Dunkin' Donuts in India. The company also operates two homegrown restaurant brands called Ekdum! and Hong's Kitchen. Jubilant FoodWorks is a part of the Jubilant Bhartia Group, owned by Shyam Sunder Bhartia and Hari Bhartia.
Jumbo King is a chain of fast food restaurants based primarily in Mumbai, specializing in the Maharashtrian regional dish vada pav. Established in 2001 by husband and wife Dheeraj and Reeta Gupta, the company was inspired by the fast food business model of McDonald's and Burger King. Jumbo King Foods Pvt. Ltd. is a franchisee-based company that operates across many areas of India. From its beginnings in Malad, a suburb of Mumbai, it has spread across the whole Mumbai Metropolitan Region (MMR), as well as Bangalore, Hyderabad, Indore, Lucknow, Aurangabad and Gujarat.
Tata Starbucks Private Limited, formerly known as Tata Starbucks Limited, is a 50:50 joint venture company, owned by Tata Consumer Products and Starbucks Corporation, that owns and operates Starbucks outlets in India. The outlets are branded Starbucks "A Tata Alliance".
Nitin Paranjpe is the present Chief Transformation Officer & Chief People Officer of Unilever, a position that he took over in Jan 2022. Prior to this he was the President of Unilever's Food and Refreshment business, a role he was appointed in 2018. Before this, he headed the Home Care business from 1 October 2013. Paranjpe was also the CEO of the Unilever's Indian business - Hindustan Unilever - and Executive Vice President for the South Asia region encompassing Unilever's businesses in India, Pakistan, Bangladesh, Sri Lanka and Nepal from 2008-2013.
Sapna Pabbi is a British actress and model known for her work as Kiran Rathod in the Indian television series 24 and the Hindi films, Khamoshiyan and Drive.
Avinash Kumar Agarwal is an Indian mechanical engineer, tribologist and a professor at the Department of Mechanical Engineering of the Indian Institute of Technology, Kanpur. He is known for his studies on internal combustion engines, Emissions, alternate fuels and CNG engines and is an elected fellow of the American Society of Mechanical Engineering (2013), Society of Automotive Engineers, US (2012), National Academy of Science, Allahabad (2018), Royal Society of Chemistry, UK (2018), International Society for Energy, Environment and Sustainability (2016), and Indian National Academy of Engineering (2015). The Council of Scientific and Industrial Research, the apex agency of the Government of India for scientific research, awarded him the Shanti Swarup Bhatnagar Prize for Science and Technology, one of the highest Indian science awards for his contributions to Engineering Sciences in 2016. Agarwal has been bestowed upon Prestigious J C Bose Fellowship of Science and Engineering Research Board. Government of India. Agarwal is among the top ten highly cited researchers (HCR) of 2018 from India, as per Clarivate Analytics, an arm of Web of Science.
Russell Arunbhai Mehta is an Indian businessman. He is the managing director of Rosy Blue India, the Indian arm of the family-owned Indian conglomerate with interests in retail, media, real estate, financial services and diamonds Rosy Blue.
Harsh Mariwala is an Indian entrepreneur, who is the founder and Chairman of Marico, a Fortune India 500 company.
McDonald's France is the French subsidiary of the international fast food restaurant chain McDonald's. Its first location opened in 1972 by franchisee Raymond Dayan in Creteil, France, although the company itself still recognizes the first outlet as opening in Strasbourg in 1979. McDonald's France currently has over 1,485 restaurants operating nationwide, serving an estimated forty-six million people each week.
KFC is a subsidiary of Yum! Brands, one of the largest restaurant companies in the world. KFC had sales of $23 billion in 2013. KFC is incorporated under Delaware General Corporation Law, and has its headquarters at 1441 Gardiner Lane, Louisville, Kentucky, in a three-story colonial style building known colloquially as the "White House" due to its resemblance to the US president's home. The headquarters contain executive offices and the company's research and development facilities.
₹1,152.645 crore (US$150 million) [4] (FY18)