Daryaganj Restaurants aims to achieve ₹100 crore in revenue this fiscal year while expanding into international markets.
Daryaganj Restaurants is set to close this fiscal year with an ambitious revenue target of ₹100 crore. As part of its growth strategy, the brand plans to make its mark in the int
Restaurants face a host of challenges this festive season
This festive season, Indian dining-out chains are encountering significant profitability challenges due to the sharp rise in food costs, particularly for essential items like edibl
Bikaji Foods acquires a 53% stake in Hazelnut Factory for Rs 131 crore, entering the Quick Service Restaurant (QSR) market to enhance competition.
Bikaji Foods International Ltd, a leader in the ethnic snacks segment, has made a significant move by acquiring a 53.02% stake in Hazelnut Factory Food Products Private Ltd for Rs
Bikano invests Rs 300 crore in a manufacturing plant in Greater Noida.
Bikano, a leading brand in the snacks and packaged food industry, has made a significant investment of over Rs 300 crore in a new manufacturing plant located in Jewar, Greater Noid
McDonald’s Reports Surprise Drop in Global Sales Due to Economic Pressures.
McDonald’s has recently reported a surprising decline in global sales for the second quarter of 2024, marking its first drop in 13 quarters. According to data from LSEG, the fast
Westlife Foodworld, the operator of McDonald’s in India, reports an 88.7% drop in profit for Q1 FY25.
Westlife Foodworld Limited, the franchisee responsible for operating McDonald’s restaurants across West and South India, has reported a significant financial setback for the
Bikaji Foods International Reports Impressive 40.2% Growth in Net Profit for Q1 FY25
Bikaji Foods International Ltd, a leading name in ethnic snacks, has reported a substantial 40.2% rise in its consolidated net profit, reaching Rs 58.06 crore for the first quarter
Restaurant and Food Services Sector: NRAI Seeks Budget Support
The National Restaurant Association of India (NRAI) is advocating for specific support in the upcoming Union Budget to enhance the restaurant and food services sector. As a signifi
BY 2028, ONE OUT OF EVERY THREE FOOD JOINTS IS PROJECTED TO BE A QUICK-SERVICE RESTAURANT (QSR)
The Quick-Service Restaurant (QSR) sector in India is undergoing a significant transformation, expected to claim nearly 29% of all food joints by 2028, marking a substantial increa