Fine-dining chains smell the money in delivery-only brandFirms utilise their excess kitchen capacity and cloud kitchens to cash in on the food-delivery boom.
14 Jan, 2020, 10.02 AM IST
Delhi pollution: Eateries and malls too finding it difficult to breathe in Delhi-NCRThe eating out and entertainment industry has seen an 8-10% drop in revenue in the first fornight of November.
18 Nov, 2019, 10.22 AM IST
You may have to shell out more the next time you visit your favourite restaurantWhile customs duty on olive, sesame and castor oils has gone up by 15%, the levy on miscellaneous food preparations is now 50% compared wit...
07 Feb, 2018, 08.21 AM IST
Restaurants back out from food tech startups Swiggy & Shadowfax due to high commissions, patchy deliveryWhile some restaurateurs said high commission fee of up to 25% on the price of an order charged by delivery platforms has made it unsustain...
16 Aug, 2016, 02.02 AM IST
Max Ventures to enter hospitality space with Azure stake buy, commits Rs 33.5 crore investmentMVIL owned by Analjit Singh is venturing into the hospitality space with a binding agreement to buy a minority stake in Delhi-based Azure H...
12 May, 2016, 04.40 AM IST
PEs find restaurant chains too hot to resistEverstone Capital, Goldman Sachs, India Value Fund Advisors and Samara Capital have made big investments in the past two months alone.
18 Aug, 2015, 10.13 AM IST
Azure Hospitality gets $10mn from Goldman SachsAzure Hospitality, which runs the upmarket pan-Asian restaurant chain Mamagoto and mid-market chains Speedy Chow and Rollmaal, has received...
13 Jul, 2015, 11.48 AM IST