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Restaurateurs eye a bigger and better party this New Year's EveRestaurateurs across India, especially in Maharashtra, are anticipating a busy New Year’s Eve with increased bookings and extended operatin...- Inflation hurting restaurant margins in peak festive seasonDining-out chains in India are facing profitability challenges this festive season due to high prices of edible oils, vegetables, and wheat...
- Hopeful of more guests, dine-out chains set festive table"We are hopeful of recovery in demand in the October-December quarter after six months, when macro events such as the severe heatwave and t...
- India-Pak T20 Clash: Pubs, quick commerce startups win the gameMakers of snacks, munchies and soft drinks said they saw a 25-30% surge in sales of such impulse categories on Sunday compared to regular w...
- For restaurateurs, it's an open and spurt case: Record number of new eateries, watering holes coming upZorawar Kalra, founder of Massive Restaurants that owns brands such as Farzi Cafe, Masala Library and Bo Tai, said he expects to end the ye...
- Cricket is the hottest item on restaurant menusBars, restaurants, and delivery platforms are expecting a 30-40% increase in sales during the Cricket World Cup. Many establishments have r...
- Zorawar Kalra’s Massive Restaurants plans to set up new fund for US expansionMassive Restaurants has operations in 10 countries. “We plan to be in 12 countries by mid-2024. The performance of the international units ...
- Farzi cafe owner to raise funds soon for expansion"We are looking for a fund raise because the business is growing rapidly and we are getting a great response," Massive Restaurants MD Zoraw...
- Hotel industry doesn't see COVID-19 as (year-end) party pooper, yetHotels, restaurants, pubs and bars have seen robust advance bookings ahead of the festivities, which are taking place for the first time in...
- Food and beverage companies eye global tieups as business revivesFood is the new fashion, Darshan Mehta, managing director of Reliance Brands, said as India's largest luxury to premium retailer announced ...
- Cafes and restaurants put pandemic woes behind them"March was a very good month for the industry. A lot of people were already back to pre-Covid sales in March," said Kabir Suri, president o...
- Delhi eateries look forward to busier days as curbs go"This order was anyway delayed by a few weeks. They could have made it applicable with immediate effect as our business is weekend-oriented...
- Restaurants get back to expansion mode as cases decline, seek further easing of curbsIndustry insiders said states should follow Karnataka that has done away with night curbs and 50% capacity restrictions. Zorawar Kalra, man...
- Restaurants seek input tax credit, low-interest loans from Budget 2022Rahul Singh, founder of The Beer Cafe, said that with an industry battered thrice over in the past two years, just the intent of the Budget...
- Massive Restaurants considering expanding to US, besides CanadaThe chain will expand to Canada through a Farzi Café in the middle of October and will have 25 operational cloud kitchens by the end of thi...
- Covid infects lease pacts: Retailers say they will pay rent only in proportion to actual business in case of lockdownsAmid last year’s nationwide lockdown and this year’s local lockdowns, retailers and restaurants have taken a massive hit, facing closure of...
- Slowly, tables are getting filled up at restaurantsZorawar Kalra, MD of Massive Restaurants that runs brands such as Farzi Cafe and Made in Punjab, said business for existing brands is at 70...
- More brands on platter may make healthy mixWith three back-to-back private equity deals and more in the offing, the restaurant sector is adopting an FMCG-led strategy of smaller, mul...
- Advise investors to shift from fixed-income assets to equities: Tai Hui, JPMorgan Asset Management"In terms of fixed income, there are question marks on the medium-term outlook. But the equities or earnings outlook seems to be favourable...
- ECB & BoE serious about keeping liquidity easy in Europe: Tai Hui, JP Morgan Funds'The financial risk in Europe has been significantly reduced because of the ECB’s pledge to do whatever they can to maintain financial stab...
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