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Beny Sachdeva Apr 04, 2024 - 2 min readAce investor Ashish Kacholia has acquired a 17.2% stake in the popular Indian burger chain Jumboking. Kacholia's share now makes him the second-largest shareholder in the company. The exact amount of the investment has not been disclosed, but it was made through a secondary market transaction following the exit of Triton Fund, an earlier investor ...
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Beny Sachdeva Apr 03, 2024 - 2 min readVilas Pawar has been promoted from CEO, Franchise Business, Lemon Tree Hotels to lead the company as CEO of Managed & Franchise Business in its next phase of growth and development. With his extensive experience in Hospitality industry, Pawar brings a wealth of knowledge and leadership to the role. Pawar lead the franchise division with ...
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Beny Sachdeva Apr 03, 2024 - 1 min readCrafted specifically for the contemporary Indian woman, Tyaani, an exquisite jewellery brand founded by Karan Johar, unveils its latest store in Chandigarh. The store is located in the heart of the city in sector 17 E. Tyaani by Karan Johar has its presence in Delhi, Mumbai, Bangalore, Hyderabad & Chandigarh and the brand operates via ...
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TFW Bureau Apr 02, 2024 - 1 min readRoyal Orchid Hotels is planning to add 30-35 new properties with about 2,000 rooms in the 2024-25 fiscal as part of its expansion plans across India, according to its Chairman and Managing Director Chander K Baljee. The company, which operates hospitality properties under the Royal Orchid and Regenta brands, is also looking to expand its ...
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TFW Bureau Apr 02, 2024 - 3 min readThe ABFRL board at its meeting held on Monday authorised the management of the company to evaluate the vertical demerger of Madura Fashion & Lifestyle business, according to a company statement. “The proposed demerger will enable the creation of two separately listed companies as independent growth engines with distinct capital structures and parallel value creation ...
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Beny Sachdeva Apr 01, 2024 - 2 min readHindware has partnered with the Swedish innovation company, Altered, tobring these revolutionary nozzles to market under ‘Aqua Pro Water Saving Solutions’. Through this strategic partnership, Hindware gains access to Altered's patented technology and has started manufacturing of these groundbreaking water-saving nozzles at its own plant. This move aims to make these innovative solutions more affordable ...