Federal Reserve Begins Treasury Bill Purchases to Stabilize Reserves and Money Markets 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion 
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
One Percent Rule Checklist For Safer Forex Trading Risk 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
South Korea Inflation Rises to 2.3% in December, Matching Market Expectations 
Trump Delays Tariff Increases on Furniture and Cabinets for One More Year 
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China 
Japanese Business Leaders Urge Government Action as Weak Yen Strains Economy 
U.S. Stocks Slip as Gold Rebounds Ahead of Year-End, Markets Eye 2026 Outlook 
Microsoft Strikes Landmark Soil Carbon Credit Deal With Indigo Carbon to Boost Carbon-Negative Goal 
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny 
Oil Prices Slide in 2025 as Oversupply and Geopolitical Risks Shape Market Outlook 
U.S. Dollar Steadies Ahead of Fed Minutes as Markets Eye Policy Divisions 
U.S. Dollar Slides Toward Biggest Annual Loss Since 2017 as 2026 Risks Loom 
Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes 
Burger King India is set to change its name to Restaurant Brands Asia Limited after the shareholders handed its approval for the plan late last month. It was added that the Registrar of Companies, Mumbai, also accepted the proposal for a name change.
According to Equity Bulls, Burger King India Limited will be called Restaurant Brands Asia Limited starting Feb. 2, when the name change is officially taking effect. This week, the shares of Burger King India were last trading on the Bombay Stock Exchange (BSE) at 136.35 Indian Rupees which is higher compared to the previous close of 134.65 rupees.
In any case, it was in December of last year when the Burger King board approved fundraising of up to 1,500 crores so it can change the name to Restaurant Brands Asia. Based on the filing, this will be done through "public and/or private offerings including preferential issue, qualified institutions placement (QIP), further public offer or any of the permissible modes in one or more tranches."
At that time, the board gave the greenlight to increase in authorized share capital of the business, raising from Rs 505 crore to Rs 600 crore. Then again, for the fundraising, it will still be subjected to applicable laws and regulatory approvals or other necessary shareholder and statutory requirements.
Money Control further reported that the name change of Burger King India to Restaurant Brands Asia Limited will be put into effect pursuant to confirmation and reservation by the Ministry of Corporate Affairs (MCA) and Registrar of Companies.
Meanwhile, in the latest report from India Retailing, Burger King India posted a records loss of Rs 15 crore in the third quarter that ended in December 2021. In its regulatory filing, the fast-food company revealed a net loss of Rs 29.02 crore for the period of October to December in the previous fiscal year.
The profits from the restaurant's operations were up by 71.51% to Rs. 279.89 crore during the quarter under review. This percentage is against the previous Rs 163.19 crore in the corresponding year of 2020-21.
