Bikaji Foods has secured 55% ownership in Ariba Foods with an investment of Rs 60.5 crore.
Bikaji Foods has recently acquired a 55% stake in Ariba Foods for Rs 60.49 crore, marking a significant step in its strategic expansion. This acquisition is set to enhance Bikaji Foods’ position in the frozen snacks and QSR (Quick Service Restaurant) markets. By integrating Ariba Foods’ advanced production facilities, Bikaji aims to elevate its frozen […]
Belgian Bakery Chain Le Pain Quotidien Returns to India with Plans for 100 Outlets by 2035
Le Pain Quotidien, the renowned Belgian bakery and restaurant chain, is making a grand re-entry into the Indian market. Through a strategic master franchise agreement with Bake & Brew, supported by the diversified Nalanda Group, the brand has laid out an ambitious plan to open 100 outlets across the country by 2035. The journey begins […]
Trademark Dispute: Burger King Fails to Win Case Against Pune Restaurant Sharing Its Name
In a significant legal battle spanning over 13 years, Burger King Corporation has faced a major setback in its lawsuit against a Pune-based eatery sharing its name. The district court in Pune has dismissed the suit filed by the global fast-food giant, marking a notable victory for the local restaurant. The court’s decision, rendered on […]
Jubilant FoodWorks, the operator of Domino’s India, reports a two-fold increase in first-quarter profit.
Jubilant FoodWorks, the Indian franchisee of Domino’s Pizza, has reported a remarkable two-fold increase in its first-quarter profit, highlighting resilience amid persistent economic challenges. For the quarter ending June 30, 2024, Jubilant’s consolidated net profit surged to 558 million rupees ($6.65 million), up from 289.2 million rupees a year earlier. This impressive growth came despite […]
Mid-sized global restaurant chains are finding the Indian market appealing.
In recent months, mid-sized global restaurant and cafe chains have increasingly targeted the Indian market, finding it more favorable despite a challenging landscape for larger international brands. As big-name chains grapple with declining same-store sales, smaller, strategically focused brands are capitalizing on opportunities in India. Notable new entrants include the Belgian bakery Le Pain Quotidien, […]