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
Tata Experiences Pressure in Starbucks Joint Venture as Consumers Scale Back Spending
Tata Consumer Products is facing challenges in its joint venture with Starbucks, as reduced foot traffic in Indian cafes impacts its short-term expansion plans. With inflation affe
Blackstone Emerges as Lead Bidder in Haldiram’s Stake Sale
Haldiram Snacks Pvt., India’s largest snacks maker, is set to enter a new phase with its potential stake sale. Blackstone Inc., a prominent global investment firm, has emerged as
Festive demand drives the sales of namkeens and millet snacks.
As the festive season approaches, the demand for traditional snacks, particularly namkeens and millet-based products, sees a significant spike. Namkeen manufacturing units are step
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
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
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
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