Top Stories

Zepto Café Revolutionizes Quick Commerce: On Track to a ₹1,000 Crore Milestone

Beny Sachdeva Nov 21, 2024 - 2 min read

India’s fast-evolving appetite for convenience is about to get even more satisfying, as Zepto, the brand that pioneered 10-minute delivery in India, is gearing up to deliver food and beverages in 10 minutes by rolling out Zepto Café nationwide. With strong customer love and growing demand, Zepto Café has quickly become a game-changer, blending traditional...

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Franks Hot Dog Makes Grand Entry into India with FranGlobal Partnership

TFW Bureau Nov 21, 2024 - 3 min read

Franks Hot Dog, the globally celebrated gourmet hot dog brand, has officially debuted in India! Partnering with FranGlobal, the international franchise development arm of Franchise India, the brand unveiled its first Indian outlet today at the bustling Elpro City Square Mall, Pune. This landmark launch not only marks the brand's entry into the Indian market...

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Suditi Industries Acquires Iconic Kid's Wear Brand Gini & Jony

Beny Sachdeva Nov 21, 2024 - 4 min read

Suditi Industries, a leader in textile and garment manufacturing, proudly announces the acquisition of Gini & Jony, an iconic children’s wear brand with an unmatched 44-year legacy in India. This strategic move is a key step in Suditi’s vision to dominate the kidswear market by leveraging its vertically integrated manufacturing capabilities, robust supply chain, and...

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French Bakery Giant Paul Expands to Hyderabad

TFW Bureau Nov 18, 2024 - 1 min read

A hundred and thirty-five-year-old French culinary brand Paul has entered Hyderabad with its first outlet in the city. Located at Tower 10, RMZ, Nexity, the restaurant boasts a total seating capacity of more than 200 guests. Paul began its operations in 1889 and is present in 53 countries. Its restaurants offer bakery treats and traditional French cuisine....

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Doner Shack Partners with FranGlobal for Major India Expansion: 150 Stores Planned in Landmark Deal

TFW Bureau Nov 15, 2024 - 2 min read

Doner Shack, the popular Berlin-inspired quick service restaurant (QSR) franchise, has announced its entry into the Indian market through a master franchise agreement with FranGlobal, India’s leading franchise solutions firm. This landmark deal, involving a 150-store licence agreement, marks Doner Shack’s largest market expansion to date, solidifying its position as a fast-growing global QSR brand....

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Devyani International Ltd. (DIL) FY25 Q2 results: Revenue up 49.1%, Rs 4.92 cr loss posted

Parina Sood, TFW Bureau Nov 12, 2024 - 2 min read

Devyani International Ltd (DIL) has put out its Q2 results for this financial year and has reported a consolidated net loss of rs 4.92 crore. Master franchisee of Pizza Hut, KFC and Costa Coffee in India, the quick service restaurant (QSR) operator had reported a profit of Rs 35.82 crore in the July-September quarter a...

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CCI finds Zomato and Swiggy guilty for violating competition laws

TFW Bureau Nov 11, 2024 - 1 min read

India's Competition Commission of India (CCI) has found food delivery giants Zomato and Swiggy guilty of violating competition laws, according to a report by Reuters. The investigation revealed that both companies allegedly engaged in practices favouring select restaurant partners, thereby limiting market competitiveness, according to documents cited...

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TGI Friday’s files for bankruptcy on November 2

TFW Bureau Nov 11, 2024 - 1 min read

TGI Friday's has become the latest restaurant chain casualty, filing for Chapter 11 bankruptcy in Texas on November 2, according to a Bloomberg report. The casual dining restaurant chain said it is facing challenges from changing consumer habits amid a cost-of-living crisis and increased competition from fast food options, the report...

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Devyani International Limited signs Master Franchise Agreement for three new brands

Beny Sachdeva Nov 11, 2024 - 2 min read

Devyani International Limited (DIL) one of the largest Quick Service Restaurant (QSR) operators in India, has announced that it has secured Exclusive Master Franchise rights for three modern QSR brands - TeaLive, New York Fries and SANOOK KITCHEN. As DIL’s existing brands continue to drive store growth and introduce exciting new menu offerings, DIL broadens...

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Day two of offer: Swiggy IPO receives 35% subscription

TFW Bureau Nov 09, 2024 - 1 min read

Swiggy’s initial public offering (IPO) received a 35% subscription on day two of the share sale. The initial share sale of the food delivery and quick-commerce major received bids for 5,56,98,652 shares against 16,01,09,703 shares on offer, as per NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 84%...

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