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Pizza Hut ramps up expansion in India, targets younger demographic with new menu offerings
Pizza Hut, an American multinational pizza restaurant chain, is expanding its geographical presence and targeting a younger demographic in India, as per a company...
Amrut Distilleries attracts investor interest as Indian single malt whiskey sales soar
Amrut Distilleries has attracted investment interest from numerous parties; however, it has not considered altering its shareholding structure, especially as the Indian single malt...
Alcohol prices to increase in Assam as excise department announces new rates from April 1
In an effort to boost revenue and regulate alcohol usage, the Assam Excise Department has announced an increase in liquor prices, which would take...
Chrome Hospitality unveils ‘Lyla’ in Mumbai’s BKC, adding to its concept restaurant portfolio
After a successful foray into the boutique hospitality sector with Bhumi Pednekar last year, and making a mark in the concept restaurant scene with...
Indian rice exporters raise prices in response to hike in export duty
This week saw a rise in rice export prices for India, the leading exporter, as traders adjusted to increased duties on rice shipments. Meanwhile,...
Govt mandates wheat stock declaration by traders to control prices
In order to prevent hoarding and speculation by unscrupulous elements, the Central Government announced on Friday that all retail and wholesale wheat traders in...
HMSHost India to manage food and beverage outlets at Noida International Airport
The Noida International Airport has announced that it has awarded HMSHost India a contract to construct and manage restaurants, cafes, and other food establishments...
CIABC presses for unfettered advertising rights for liquor brand extensions amid regulatory scrutiny
The Confederation of Indian Alcoholic Beverage Companies (CIABC), a lobby representing the liquor industry, has communicated with the Ministry of Consumer Affairs. In their...
FMCG sector embraces digital advertising: 47% ad spend directed towards digital platforms in 2023
Following the pandemic-induced surge in e-commerce, the momentum of business digitalization continues to grow. Companies are increasingly utilizing digital tools to streamline operations, understand...
IPO-bound Swiggy reports $207 Million loss in April-December 2023
IPO-bound foodtech giant Swiggy is reported to have recorded a loss of $207 million (INR 1,730 crore) in the first nine months of the...
Chai Sutta Bar expands into premium café market with Kaffee-La launch, eyes nationwide growth
Chai Sutta Bar, a popular tea chain, has ventured into the premium café market with the launch of its new brand Kaffee-La, as reported...
Bikano expands portfolio with ‘Madras’ and ‘Kerala’ flavor mixtures, targets 2-4% market share in Southern India
Bikano, India’s leading packaged snacks brand has launched its latest offerings - the 'Madras' and 'Kerala' Flavor Mixtures. This expansion into the flavors of...