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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...
Investment firm Invesco lowers Swiggy’s valuation again, marking it down to $5.5 Billion
According to regulatory filings, Invesco, an investment firm based in Atlanta, has once again lowered the valuation of Swiggy, a foodtech startup, and now...
Zomato eyes B2B logistics service to enhance revenue streams amidst sluggish food delivery growth
As the food delivery industry experiences a decline in growth after the pandemic peak, Zomato is said to be preparing to launch a B2B...
ITC Foods unveils Sunfeast Farmlite Super Millets Cookies as part of Mission Millet campaign
ITC Foods has launched its first millet cookies under the Sunfeast Farmlite brand, in line with its core purpose of promoting better eating habits...
Make your mother feel special this Mother’s Day with Chowman’s exquisite Chinese cuisine
May 14th is no ordinary Sunday as it marks a special occasion to honor the embodiment of love and the most significant person in...