Restaurant Delivery Sales Rise 7.6% In Oct, Takeaways Drop
Restaurant delivery sales rose 7.6% in October, the year’s strongest gain, while takeaway orders declined, CGA by NIQ data shows.
Food & Beverage.
Companies
Consumer
Food & Beverage.
Restaurant, Hotel Associations Contest Delhi HC Ruling On Service Charges: Reports
- by BW Retail World Bureau
- April 28, 2025
The bodies argue that levying service charges is not illegal and this does not amount to unfair customer service, as per the reports
Brands
Companies
Finance
Food
News
Homegrown Burger Chain Biggies Burger Raises Funds At Rs 210 Cr Valuation
- by BW Retail World Bureau
- February 27, 2024
Biggies Burger, a homegrown burger restaurant, has secured an undisclosed sum in pre-series A fundraising at a valuation of Rs 210 crore, the company announced in a press statement on Monday. With this cash, the business intends to expand its marketing operations. “We are incredibly excited to leverage these resources to further strengthen our brand, […]
Brands
Companies
Finance
News
Yum Restaurants To Exit Devyani International With Rs 815 Cr Block Deal
- by BW Retail World Bureau
- February 21, 2024
Yum Restaurants India is expected to exit quick service restaurant giant Devyani International by selling a 4.4 per cent interest in a block sale on Wednesday, according to media reports. Yum Restaurants expects to raise around Rs 815 crore from the deal, it said. The floor price for the sale has been set at Rs […]
Brands
Companies
Finance
Food & Beverage.
News
Westlife Foodworld Misses Estimates, Q3 Profit Falls On Weak Demand
- by BW Retail World Bureau
- February 2, 2024
Westlife Foodworld, the operator of McDonald’s restaurants in west and south India, failed quarterly profit projections on Wednesday, citing sluggish demand. Consolidated profit after tax fell nearly 53 per cent to 172.4 million rupees (USD 2.08 million) in the three months ended 31 December, according to an exchange filing. Analysts, on average, had expected profit […]
Food & Beverage.
Interviews
National
News
We Appeal For Restoration Of Input Tax Credit For GST In Restaurant Industry: Zorawar Kalra, Massive Restaurants
- by Poonam Singh
- January 20, 2024
In an interview with BW Businessworld, Zorawar Kalra of Massive Restaurants speaks about how his father, Jiggs Kalra, inspired him throughout his journey and requests the government to restore input tax credit for GST in the restaurant industry What are your expectations from this budget, considering it’s an interim budget with elections around the corner? […]
Food
National
News
Tomatoes Burns Hole In Common People’s Pockets As Prices Skyrocket
- by BW Retail World Bureau
- July 6, 2023
Tomatoes are now red-hot and burning a hole in the common people’s pockets as the prices have skyrocketed and are being sold at over Rs 100 per kg in several key cities. Many attribute the sharp rise in the vegetable to heatwaves in key tomato-growing areas and heavy rains, as well, as disruption in supply […]