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The EBITDA of IPO-bound travel tech platform OYO is expected to cross Rs 2,000 crore in 2025-26 with the American budget hotel chain Motel 6 adding substantially to its topline, according to documents. The travel tech unicorn estimates that Motel 6 will add over Rs 630 crore to its EBITDA (Earnings Before Interest, Taxes, ...

Barista Coffee, a known name in India’s coffee sector, has announced the opening of its 450th outlet in the country. The latest cafe has opened in Kandaghat, Himachal Pradesh. The brand is expanding not only in India but also in countries such as Sri Lanka and Maldives. “We are delighted to open our 450th store ...

Approximately 18 million sq. ft. of retail space in shopping malls is expected to be added during 2024-27 across eight major cities. This space is roughly one-third of the projected requirement to meet the demand, according to Cushman & Wakefield (C&W). Real estate consultant C&W in its latest report pointed out that “India’s Retail Space ...

 This significant milestone marks a new era in its three-decade-long journey of delighting Indian and SAARC region consumers. Spanning over 750 square feet, the new Andheri outlet is the largest Baskin-Robbins location in Mumbai and amongst its largest in the country, symbolizing the brand's ongoing commitment to offering premium, innovative dessert experiences to its customers. ...

Premium handbag brand, IRTH from the House of Titan has announced the launch of its first exclusive brand store in Mumbai. Located in the prime shopping location at Palladium Mall, Mumbai, the brand outlet is set to welcome customers with a curated selection of thoughtfully crafted handbags. Since the brand launch in October 2022, IRTH has ...

Tupperware Brands, the Orlando, Florida-based consumer goods company that produces the iconic line of containers has filed for bankruptcy. The company said it was seeking Chapter 11 bankruptcy protection after struggling to revitalize its core business and failing to secure a tenable takeover offer. The company said in its bankruptcy filing that ...