Top Stories

Jubilant FoodWorks records net profit of Rs 208 crore in Q4FY24

TFW Bureau May 23, 2024 - 1 min read

Jubilant Foodworks Ltd (JFL) reported a multi-fold increase in its consolidated net profit to Rs 208.24 crore for the fourth quarter ended March 2024, seven times more than what it posted in the year-ago period. The company, which operates fast-food chains – Domino’s Pizza and Dunkin’ Donuts, had posted a net profit of Rs 28.54...

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Go Colors takes the franchise route to GCC countries

Parina Sood, TFW Bureau May 22, 2024 - 1 min read

Go Colors, a well-known brand in the branded bottom wear segment for women in India has entered into a five-year franchise agreement with Apparel Group, a global fashion and lifestyle retail brand. This franchise agreement with Apparel Group for is for franchise rights for 'Go Colors' brand in UAE and Saudi Arabia for 5 years...

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Barista opens new outlet in Mathura

TFW Bureau May 22, 2024 - 1 min read

Home grown coffee chain, Barista, is all set to open doors to people of Mathura at their new outlet, as per the brand’s social media post. The heritage city of Mathura can experience the finest brews of Barista in Kosi Kalan. Barista’s coffee journey started in year 2000. Café culture had not set its footprint...

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McDonald's India – North and East Expands its presence with the Opening of Its 50th McCafé

Beny Sachdeva May 22, 2024 - 2 min read

This expansion is a part of McDonald’s India – North and East’s growth strategy, leveraging the key tenets of McCafé, which is McDonald’s in-restaurant, coffee brand making great tasting coffee accessible to coffee lovers around the world. McCafé aims to establish a leadership position in the coffee market by offering freshly brewed, Barista crafted, great...

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Colorbar to expand presence internationally, eyes public listing

TFW Bureau May 21, 2024 - 1 min read

Modi Enterprises intends to bring cosmetics company Colorbar to the public market within the next three years, leveraging the promising opportunities presented by the Indian beauty and personal care industry, as per industry reports. Managing Director Samir K Modi emphasized that Colorbar is expected to achieve a revenue of Rs 1,000 crore in the upcoming...

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Chili’s opens 26th restaurant in India

TFW Bureau May 21, 2024 - 1 min read

Chili's Grill and Bar has announced its newest establishment in Ahmedabad. Chili’s latest establishment is located at Third Floor Nexus Ahmedabad One, near the banks of Sabarmati River. This venture marks the 26th Chili's outlet in India, as per the brand’s report on social media. The new set up has a seating for 116 guests,...

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Lenskart opens first kids-only store in India

TFW Bureau May 17, 2024 - 1 min read

In its bid to address the growing rate of myopia in children, home grown eyewear giant Lenskart has opened its first kids-only store in India. As per reports, In India alone, the rate of prevalence of myopia is as high as 21.19% in 5 to 15-year-old urban children, and is projected to reach over 50%...

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Thomas Cook India records highest ever profits in FY24

TFW Bureau May 16, 2024 - 1 min read

Travel services provider Thomas Cook (India) Ltd has reported a consolidated net profit of Rs 58.17 crore for the fourth quarter ended March 2024. Reportedly, the company had posted a consolidated net loss of Rs 10.22 crore in the same quarter a year ago, Thomas Cook (India) said in a regulatory filing. Its consolidated total...

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Nando’s and K Hospitality Corp join hands, to open over 150 restaurants in the next 10 years

TFW Bureau May 16, 2024 - 1 min read

Hailing from South Africa and known for its flame grilled ‘Peri-Peri Chicken’, QSR Nando’s has entered into a joint venture with one of India’s largest privately held food and beverage company, K Hospitality Corp. Currently, Nando’s has more than 1200 restaurants in more than 22 countries across 5 continents. Together with K Hospitality Corp, Nando’s...

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Barista Diner opens largest café In Srinagar, near Dal Lake

TFW Bureau May 16, 2024 - 1 min read

Barista Coffee, one of the leading cafe chains in India, has announced the opening of the largest Barista Diner in Srinagar. Spanning over 4,000 square feet, the new Diner offers spectacular views of the Dal Lake. With seating available for over 100 customers, it promises ample space for customers to enjoy their dining experience. Rajat...

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