McDonald’s India Operator Sees 59% Drop in Q3 Profit Amid Rising Costs
Westlife Foodworld, the operator of McDonald’s India, has reported a significant 59% decrease in third-quarter profits for the period ending December 31, 2024. This drop in e
Burger King India Faces Wider Q3 Loss Amid Rising Costs and Inflation
Restaurant Brands Asia, the franchisee of Burger King India, has reported a significant third-quarter loss of 504 million rupees ($5.82 million) for the period ending December 31,
McDonald’s to Set Up Global Capability Centre in Hyderabad by 2025
McDonald’s has revealed plans to open its first Global Capability Centre (GCC) in Hyderabad, set to launch by mid-2025. Spanning over 2 lakh square feet at RMZ Nexity Tower 2
Bikaji Bakes Incorporated as Wholly-Owned Subsidiary of Bikaji Foods International
Bikaji Foods International (BFIL), a renowned name in the food industry, has recently announced the incorporation of its wholly-owned subsidiary, Bikaji Bakes Private Limited (BBPL
PepsiCo and Tata Consumer Products Collaborate to Revolutionize Indian Snacks Market
The Indian snacks market is buzzing with a new collaboration between global giant PepsiCo and homegrown conglomerate Tata Consumer Products. This partnership aims to develop and se
Haldiram’s Growth Story: A Look into the Latest Investment Race
Haldiram Snacks Food, India’s leading snack and convenience food brand, is at the center of an exciting investment battle. Temasek, a Singapore-based investment giant, is leading
Blinkit CEO Responds to Concerns Over 10-Minute Food Delivery App Bistro
In response to concerns raised by the National Restaurants Association of India (NRAI) regarding Blinkit’s new 10-minute food delivery app, Bistro, CEO Albinder Dhindsa addre
Haldiram Becomes the Only Bidder to Acquire Insolvency-Affected Kwality for ₹130 Crore
In a significant development, Delhi-based Haldiram Group has emerged as the sole bidder to acquire the debt-ridden dairy company, Kwality, in the ongoing insolvency process. The Ha
KKR Invests in Rebel Foods, Valuing the Cloud Kitchen Giant at Approximately $800 Million
Rebel Foods, the parent company of beloved brands like Faasos, Behrouz Biryani, Oven Story Pizza, and The Good Bowl, has received a strategic investment from private equity giant K
Lite Bite Foods explores selling a minority stake to strategic investors.
Lite Bite Foods, the renowned operator of popular restaurant chains such as Punjab Grill, Street Foods, YouMee, and Asia 7, is making headlines by exploring the sale of a minority