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Westlife Foodworld eyes significant expansion with 580-630 new McDonald’s restaurants in India by 2027
Westlife Foodworld, the franchisee of McDonald's in India, has stated in a BSE filing that it has plans to expand its restaurant chain by...
Shifting consumer preferences in small towns boost sales of branded kitchen staples
Branded edible oils, rice, and wheat flour have witnessed a surge in sales of up to 15% in small towns since April, as reported...
The Coffee Bean & Tea Leaf sets sights on India expansion with two new franchise partners
The Coffee Bean & Tea Leaf (CBTL), a popular coffee shop chain originally established in the United States, has set its sights on expanding...
Challenging the giants: How WAAYU’s zero commissions strategy poses a threat to Swiggy and Zomato
For years, Zomato and Swiggy have held a significant portion of India's food delivery market, creating an unchallenged duopoly in the segment.In recent times,...
McDonald’s operator Westlife Foodworld records impressive 31% increase in Q4 FY24 consolidated net profit
Westlife Foodworld, the operator of McDonald's restaurants in West and South India, has announced a 31% increase in its consolidated net profit to INR...
Zomato’s share prices drop as ONDC threatens with cheaper food options
Swiggy and Zomato are facing stiff competition from the Indian government's ONDC (Open Network for Digital Commerce), which allows restaurants to sell food directly...
Telangana to introduce auction system for liquor bars, eliminating license renewal
To increase liquor sales in Telangana, the state government has lowered prices and is now considering a shift to an auction system for liquor...
Indian Restaurant Association takes on Zomato and Swiggy with launch of Waayu, a zero-commission food delivery app
The Indian Hotel and Restaurant Association recently launched an app called 'Waayu' that aims to provide a commission-free platform for food delivery. The app...
ADF Foods reports strong Q4 results with 72% increase in net profit to INR 20 Crore
ADF Foods Ltd, an FMCG company, announced on Monday that it had experienced a 72% increase in its standalone profit after tax for the...
Playboy Beer Garden continues expansion with new outlet in Gurgaon
A new outlet of Playboy Beer Garden, the brewery chain owned by Playboy Venues India, has been launched in Gurgaon, according to a recent...
Nestle, Tata Consumer and Kraft heat up competition to acquire Ching’s Secret
Nestle SA, a multinational food and beverage company headquartered in Switzerland, is reportedly among the bidders for the acquisition of Capital Foods Pvt Ltd....
Record surge in India’s alcohol consumption despite rising prices
In FY23, the consumption of alcoholic beverages in India surged, with an estimated 400 million cases sold. This uptick in demand was seen across...