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
Tata Starbucks Reaffirms Commitment to the Indian Market Amid Expansion Plans
Tata Starbucks, the 50:50 joint venture between Tata Consumer Products Ltd. (TCPL) and US-based Starbucks Corporation, has reaffirmed its commitment to India, despite reports sugge
Restaurant Brands Asia Board Approves Rs 500 Crore Fundraising Plan
Restaurant Brands Asia Ltd, formerly known as Burger King India, made a crucial financial choice on Friday, December 20, 2024. The company’s Board of Directors has approved raisi
Haldiram Snacks to Invest ₹300 Crore in Bihar with a New Manufacturing Facility
Haldiram Snacks, one of India’s leading names in the packaged food industry, is making a significant move by investing ₹300 crore in Bihar to establish a modern manufacturing f
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
Sigdi Restaurant Chain Plans to Launch 100 Outlets by 2026
Sigdi Restaurant, a popular non-vegetarian fine dining restaurant chain, is on track to expand its footprint significantly by opening 100 outlets by next year. The company has ambi
Subway’s to Expand Its Presence in India by Doubling Store Count, Announces Global CEO
Subway’s, the global quick-service restaurant (QSR) chain, is setting its sights on major growth in India, with plans to double its store count from 850 to 1,700 over the nex
Blue Tokai Aims to Triple Revenue Before Considering IPO
Blue Tokai, one of India’s rapidly growing specialty coffee chains, is aiming to triple its annual revenue by 2027. This bold goal is supported by a plan to expand its café netw
Blackstone seeks to acquire a 20% stake in Haldiram’s snacks business in India, valuing it at $8 billion, sources reveal.
In a significant development for the Indian snack industry, private equity giant Blackstone is reportedly negotiating the acquisition of a 20% stake in Haldiram’s snacks busi