On an expansion spree, in India and overseas, Kalra tells Akshara Srivastava he is also determined to make Massive the country's biggest internet food company
Most of the signals are positive, and if sustained, many businesses could see a big rebound
At a time when restaurants were shutting down across the country, opening one was far from easy
Hospitality industry body FHRAI on Thursday urged state governments to lift all restrictions on hotels, restaurants and venues in line with the Centre's guidance to states on easing of additional COVID-19 curbs. On Wednesday, the Centre asked states and union territories to review, amend or do away with additional COVID-19 restrictions after considering the trend of new cases and positivity rate in their regions, citing sustained downward trend in the nationwide case trajectory. "This comes as a big breather for the industry and we too urge states to remove all restrictions on hotels, restaurants and MICE venues," Federation of Hotel & Restaurant Associations of India (FHRAI) Joint Honorary Secretary Pradeep Shetty said in a statement. Since the last 24 months, the hospitality industry has suffered the most due to the pandemic-induced lockdowns and restrictions, he added. "Across several states, 50 per cent capacity restriction is continuing to be imposed on restaurants along with
Brokers are advising clients to build long positions in hotel and restaurant stocks on hopes of a sharp uptick in business
It will provide some relief to restaurants, eateries, tea stalls and others which constitute the largest user segment of the 19 kg cylinders
Plans to double number of restaurant outlets to 1,000 in next five years; will take Copper Chimney, Bombay Brasserie brands to Gulf markets via franchise route
Members had started returning in good numbers before Omicron spoilt the scene
Most have stalled expansion plans due to uncertainty and are seeking relief to offset the shrunken business; fear they will have to take tough calls like letting go of people
The restaurant body suggested pure revenue share for the period when restricted operations are imposed, in the open letter
'Big relief', says industry association about municipality order that doesn't apply for celebrations tonight
Cafes and clubs have either cancelled or scaled down the events depending on local restrictions.
Rebel Foods, which runs chain of internet restaurants, on Tuesday said it plans to invest $150 million (nearly Rs 1,140 crore) to acquire and scale new food brands in India and globally.
Among the hundreds that shut shop were popular brands that decided to consolidate, explore other models
The contraction in the food services industry led to the permanent closure of over 25 per cent of food business operators, which resulted in job losses of nearly 2.4 million in India
The Maharashtra government has permitted all restaurants and eateries to function till midnight
With a master franchisee deal with Noida-based CK Israni Group, Ladurée is kickstarting its foray into India with its first salon de thé in Delhi's upscale Khan Market
Many restaurants are not depositing GST, while some are not even registered
Noida-based pubs and restaurants are going through a tough time and are struggling to get back on their feet post the Covid-19 pandemic
New menus, hi-tech air filter systems, Zoom rooms to woo patrons