enterprise Finance
Feb 27, 2024, 12:33 am 1 minute
Reuters was report first India’s western state of Maharashtra will examine retailers of worldwide fast-food manufacturers to test whether or not they use cheese substitutes in merchandise falsely marketed as actual cheese, increasing the scope of the investigation past the crackdown on McDonald’s. Will enhance.
market impact
Shares of the McDonald’s India franchise fell as a lot as 6.7% to their lowest degree since May 2023 following the Reuters report. Domino’s operator Jubilant Foodworks and KFC operator Devyani International additionally fell about 1% every. 4% Respectively.
article tag
Topics of curiosity: enterprise Finance
Type: reuters greatest
Area: enterprise Finance
Area: Asia
Country: India
Types of wins: tempo
Story Types: Exclusive/Scoop
media kind: Basic lesson
Customer Impact: essential nationwide story
