Kabir Suri takes over as the new President of National Restaurant Association of IndiaKabir Suri, Co-Founder & Director, Azure Hospitality has been associated with NRAI since 2017 and was appointed as the Vice President in 20...
Fine-dining restaurants take 'cloud' route to boost marginsExecutives of at least a dozen such chains told ET that the number of fine-dine e-restaurants, or restaurants without physical stores which...
Swiggy partners with restaurants to launch exclusive delivery brandsSwiggy currently has 100 such brands on its platform that were co-created with 95 restaurant partners across 13 cities.
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.
Customers give eating out a miss amid slumpEateries such as McDonald’s, Domino’s Pizza, Dunkin' Donuts hit; discounting by food delivery aggregators add to their woes.
Eating out goes off customers’ menu as slowdown bitesIndustry observers said the slump in sales exists across formats such as value and standalone and premium dining formats and has continued ...
Note this! Chef’s specials going off the platterChef Sharad Dewan of The Park, Kolkata, is worried about the upcoming wedding season, and especially about his burratta cheese supply.
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...
Here's why Azure Hospitality's Kabir Suri & Rahul Khanna work so well togetherKabir Suri & Rahul Khanna were friends for yrs before they established Azure Hospitality in 2009. They have gone from strength to strength ...
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.
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...
Top eateries like Yeti, Punjabi By Nature, Oh! Calcutta opening step-down outlets to attract middle-classWith higher rents and capital expenditure, the industry is realising that fine-dining restaurants make less business sense than quick casua...