Italian chocolate maker Ferrero which entered India 10 years ago is now bigger than Nestle’s chocolate division in India with annual sales exceeding Rs 1,500 crore. Roberto Grasso, managing director at Ferrero India, the maker of Nutella spread, Ferrero Rocher chocolate and Tic Tac breath mints spoke about the importance of the Indian market and the company’s proposed investment in the country…READ MORE
KEEP READINGChai Thela, a hybrid format of street food outlets and organised sector’s quick-service restaurant, has raised `1.5 crore from micro-venture capital firm Quarizon in its pre-Series-A round…READ MORE
KEEP READINGThe Uphaar cooperative stores have been popular among the masses in both urban and rural areas as people prefer buying groceries and other daily items…READ MORE
KEEP READINGWalmart, Target and Best Buy – and, unsurprisingly, Amazon.com – were early winners as shoppers kicked off the holiday shopping season by splurging on electronics such as ultra-HD TVs and gaming consoles including Sony’s PlayStation 4, analysts said….READ MORE
KEEP READINGRent is your largest fixed expense. Food costs are variable. If your food costs are too high, you can make menu adjustments, portion size adjustments or, as a last resort, change your chef or cook to better manage your food costs. Some high-end restaurants offer financial incentives to their chefs to maintain low food costs…READ MORE
KEEP READINGDespite falling store sales, quick service restaurants (QSR) such as Subway, Pizza Hut, Dominos and Genuine Broaster Chicken are providing free food and drink to crowds standing outside ATMs and bank employees. For instance, franchisees of American fast-food restaurant Subway distribute their sandwiches to people in Mumbai and Odisha…READ MORE
KEEP READINGChef Sharad Dewan of The Park, Kolkata, is worried about the upcoming wedding season, and especially about his burratta cheese supply…READ MORE
KEEP READINGHindustan Unilever will send some of its mid-level executives to work at startups, an initiative it hopes will help instill an entrepreneurial mindset and agility among key employees at a time when small but nimble companies are increasingly disrupting large businesses…READ MORE
KEEP READINGEarlier, the customers wanted to finish their old notes, but now they are seeing the benefit of having a card,” said Sandeep Ghosh, biz head…READ MORE
KEEP READINGThe delivery of takeaway food involves packaging and providing a variety of food options to customers primarily in their homes, workplaces, or at their convenient locations. Food is delivered to customers through a vast network of distribution and delivery channels. The online takeaway food option allows customers to order food from various restaurants and from a wide range of items, and they can pay for it through online payment or cash on delivery (COD). The market includes companies involved purely in delivery and takeaway services and restaurants offering dine-out and takeaway facilities…READ MORE
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