In today’s briefing:
- Redefining Fast Food: Are Indian QSRs Biting off Western QSRs?
- AUCTUS ON FRIDAY – 25/07/2025

Redefining Fast Food: Are Indian QSRs Biting off Western QSRs?
- A tectonic shift is reshaping Indian QSR. Homegrown QSRs are overtaking global giants by redefining taste rooted in local flavours, fuelled by digital agility and tier 2/3 dominance.
- Global QSR giants are fighting back by Indianising their menus. Half of Burger King and McDonald’s offerings now cater to local tastes, marking strategic pivot to stay relevant in changing market.
- Markets have adjusted to this new paradigm as valuations derate across listed QSRs while local players witness improved access to capital. Will listed QSRs see their fortunes revive here on?
AUCTUS ON FRIDAY – 25/07/2025
- AUCTUS PUBLICATIONS ________________________________________ New Zealand Energy (NZE CN)C; Target price of C$1.70 per share: Equity raise to progress Tariki gas storage – New Zealand Energy (NZE) has raised C$3 mm of new equity priced at C$0.18 per share.
- The proceeds of the raise will fund the desktop studies required to prepare the field development plan, derisking the gas storage project ahead of expected monetization within the next 12 months.
- It will also fund the repayment of the convertible note.
