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Lite Bite Foods in talks to sell minor stake to strategic investorsThe company's two promoters, Amit Burman of the Dabur family and co-founder Rohit Aggarwal, will continue to hold significant majority stak...- 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...
- Lite Bite to focus on 4 core brands; tier 1,2 to be key growth marketsLite Bite Foods, operating Asia7 and Street Foods, aims to double its outlets count by focusing on its four core brands, including Punjab G...
- Spirits down at Delhi restaurants and barsThe beer shortage comes at a time when demand is expected to exceed well over pre-pandemic numbers, with a massive surge in dining-out, hot...
- As Zomato restarts Gold, NRAI advises restaurants to step up own loyalty programmesRestaurant industry body National Restaurants Association of India (NRAI) is sending advisories to restaurants to step up their own loyalty...
- 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...
- Toxic air chokes high street sales in DelhiLeading mall operators said they have not yet seen an impact on footfalls and that they have installed air purifiers and frequently change ...
- Retailers bullish on festive pick-up after Delhi brings in 24x7 rule for a host of businessesRestaurants and bars in the city, which saw a lull on account of Navratri — when a majority of people in north India fast, go vegetarian an...
- Restaurants, bars to boost investments to feed demandAnalysts said management commentaries of quick service restaurant companies are far more positive versus near-term challenges expressed by ...
- Hotels and restaurants upbeat on hiring, salary incrementsRiding on the overall positive sentiment due to a resurgence in the economy, a decline in Covid-19 cases and relaxations in restrictions, e...
- 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...
- Restaurateurs welcome easing of curbs in DelhiKabir Suri, president of National Restaurant Association of India (NRAI) said on behalf of the industry, he would like to 'profusely' thank...
- Lite Bite Foods planning to ramp up expansion of Punjab Grill brand, aiming 100 outlets, turnover of Rs 500 crore in four to five yearsThe brand will expand to tier one and tier two markets in India and currently has around 22 outlets across six cities. It is currently cloc...
- 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...
- Hospitality sector professionals looking for greener pasturesWith continued uncertainty over the sector returning to normal operations and surging job losses with many establishments shutting shop or ...
- Direct delivery may become a permanent item on the menuLarge restaurant chains have seen an increase in direct delivery orders to a record 15-25% of sales over the past two months and plan to fo...
- Companies see FMCG demand riding out second stormThe fast-moving consumer goods market grew 6% in the quarter ended December, the fastest pace in 16 months, research firm Kantar Worldpanel...
- Swiggy, Zomato record highest ever orders for New Year's Eve dinnerThe surge in online food ordering for new year's eve dinner bolstered hotels and restaurants, which otherwise saw a slump in dine-ins due t...
- Restaurants open but grapple with decreased sales, few dine-in customersPeople are still apprehensive of stepping out and going to confined public places such as malls and restaurants. With movie halls shut and ...
- Do-it-yourself meals see surge as pent up demand kicks in; DIY cocktails on the anvilIndustry officials say they are catering to pent up demand and the business is keeping them ticking at a time when restaurants are either s...
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