TFW Bureau

“The company, which also operates restaurant brands like Smoke House Deli and Mocha, remains bullish and optimistic about its growth in India, led by various factors, such as demographic dividend and increasing appetite for premium experiences. “"In the overall food services market, quick service restaurants (QSR) and casual dining restaurants (CDR) are the strongest lever ...

Retail leasing is likely gain added momentum this year, adding around 6 million sqft of operational mall space the key eight markets, taking the overall retail space addition to 6-6.5 million sqft, according to a report. Estimated leasing in the retail sector is expected to sustain 6.00-6.5 million sqft this year fueled by primary leasing ...

Godfrey Phillips India Ltd announced that it has decided to exit its retail business division being operated under the name ‘24Seven’ after due consideration of the stakeholders’ feedback during its board meeting.  “We wish to inform you that following a detailed review of the company’s retail business division being operated under the name ‘24Seven’ and after due ...

Food-tech platform Ghost Kitchens India on Tuesday said it has acquired Ahmedabad-based cloud kitchen firm Shy Tiger Brands to strengthen its presence in Gujarat. The acquisition comes on the heels of Ghost Kitchens raising $5 million in February 2024 in equity and debt. “The acquisition solidifies Ghost Kitchens’ foothold in the Gujarat market while providing ...

Homegrown cooling products maker Blue Star on Tuesday said it expects up to 25 per cent growth in sales of residential AC in the June quarter, the period which accounts for the highest number of sales due to the temperature rise and heat wave. The company has already witnessed up to a 40 per cent ...

Home renovation platform Livspace has become “cash- flow positive” in India business on the back of robust growth in its revenue, a top company official said. India business contributes 80-85 per cent to the company’s total turnover. The company’s EBITDA losses narrowed to 95.35 million Singapore dollar from 96.86 million Singapore dollar during the period ...