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Indian state to examine shops of worldwide fast-food chains after McDonald’s cheese crackdown | Reuters Information Company


Enterprise & Finance

Reuters was first to report that India’s western state of Maharashtra will examine shops of worldwide fast-food manufacturers to examine in the event that they use cheese alternate options in merchandise wrongly promoted as containing actual cheese, widening scrutiny past a crackdown on McDonald’s. 

Market Impression

Shares of McDonald’s India franchisee plunged as a lot as 6.7% to their lowest stage since Might 2023 after the Reuters report. Domino’s operator Jubilant Foodworks and KFC operator Devyani Worldwide additionally fell about 1% and 4% respectively. 

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Matters of Curiosity: Enterprise & Finance

Sort: Reuters Finest

Sectors: Enterprise & Finance

Areas: Asia

Nations: India

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Buyer Impression: Vital Nationwide Story



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