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Devyani International

Yum restaurants India exits Devyani International; sells entire stake of Rs 871 crore

Devyani International, the Quick Service Restaurant (QSR) operator, is the franchisee for Yum Brands, which operates KFC, Pizza Hut and Taco Bell in IndiaNew Delhi: Yum Restaurants India on Wednesday sold its entire 4.4% stake in Devyani International for...

Devyani International Q2 profit drops 37% to Rs 35.8 crore

The company's revenue from operations during the quarter was up 9.63 per cent to Rs 819.47 crore as against Rs 747.42 crore in the year-ago periodNew Delhi: Devyani International Ltd, a quick service restaurant (QSR) operator, on Tuesday reported...

Pizza Hut marks out India as a key market for global growth

Pizza Hut, a division of US-based Yum! Brands Inc, is betting big on India which has been identified by the fast food chain as one of the key markets for its future global growth, says a top company official. According...

Costa Coffee Opens Store in Kochi at Lulu Mall

UK-based Costa Coffee has opened its first outlet in Kochi at the Lulu mall. According to the company officials, the store will serve over 25 varieties of hot and cold coffee and flavoured drinks along with snacks and food...

Costa Coffee Opens Store in Kochi at Lulu Mall

UK-based Costa Coffee has opened its first outlet in Kochi at the Lulu mall. According to the company officials, the store will serve over 25 varieties of hot and cold coffee and flavoured drinks along with snacks and food...

Cocoberry in talks with Abraaj, PEs to raise Rs 70 crore

Specialty food company chain Cocoberry is in talks with Dubai-based Abraaj Capital to raise about 70 crore for a minority stake, a person with direct knowledge of the development told ET. Abraaj is the frontrunner among 4-5 investors the...

Pizza Hut outlets to get larger

Pizza Hut — which has repositioned itself as a casual dining restaurant chain, moving away from its earlier image of a fast food or a QSR (quick service restaurant) chain, — will now expand through larger formats. Sandeep Kataria,...

ICICI Venture to pick up equity in Devyani International

ICICI Venture, India’s leading private equity fund, is set to pick up equity in Ravi Jaipuria-promoted Devyani International Ltd, which controls a chain of 180 fast-food restaurants across the country. The fund will invest Rs 135 crore in the...

‘Restaurant sector needs innovative marketing concepts to grow’

The National Restaurant Association of India (NRAI) Conclave at the ongoing Food Forum India 2011 saw panelists brainstorming on changing consumer trends and behaviour and how the restaurant sector needs to adopt innovative marketing concepts to grow.The session on...

Ice cream chain Swensen’s to focus on South India

Global ice cream brand Swensen’s, which opened its maiden Indian outlet at Bangalore's Mantri Square mall earlier this month, plans to set up over 50 outlets in South India over the next 4-5 years.Swensen’s, originally from San Francisco, US,...
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