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CORPORATE FRANCHISE BUSINESS OPPORTUNITY IN INDIA

Pizza Hut India operator Q1 profit jumps nearly 4x on higher sales

Devyani International has achieved a quarterly profit surge, nearly quadrupling thanks to robust sales performance. As the operator of KFC and Pizza Hut in India, the company recorded a consolidated net profit of 146.5 million rupees, highlighting a dramatic improvement in its fiscal health compared to the previous year. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/pizza-hut-india-operator-q1-profit-jumps-nearly-4x-on-higher-sales/132706250

Radico Khaitan Q1 Results: Profit jumps 76% to Rs 229 crore, revenue up at Rs 5,867 crore

Radico Khaitan recorded an impressive seventy-six percent uptick in net profit, reaching Rs 229.60 crore for the June quarter. The company's operational revenue rose by thirteen point two two percent, totaling Rs 5,867.69 crore. This quarter marks a record for the company's volume, top-line revenue, and profitability, significantly driven by a thirty-five point eight percent increase in Prestige and Above brand sales. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/radico-khaitan-q1-results-profit-jumps-76-to-rs-229-crore-revenue-up-at-rs-5867-crore/132697797

Goyal’s Temple eyes $500 mn valuation, prices first wearable at around Rs 80,000

The pricing is still indicative and will include lifetime access to Temple’s software platform. Buyers will also receive a lifetime supply of the adhesive tapes used to attach the pebble-shaped device to the side of the forehead, near the temple, the people said. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/consumer-durables-and-information-technology/consumer-electronics/goyals-temple-eyes-500-mn-valuation-prices-first-wearable-at-around-rs-80000/132674433

Brands see strong consumer appetite this festive season despite war-led woes

Indian consumers show resilient demand for aspirational and premium goods this festive season. Inflation and supply disruptions have not significantly impacted overall consumer sentiment. Lower interest rates and GST cuts are providing tailwinds for increased spending. Brands and retailers are launching festive campaigns to capitalize on this trend. Consumer spending during the festive period is projected to be substantial. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/industry/brands-see-strong-consumer-appetite-this-festive-season-despite-war-led-woes/132651921

FreshTerra enters premium grocery retail, plans 5 stores by March with omnichannel play

Backed by $9 million in seed funding, the food retail startup is betting on private labels, in-store food experiences and its own app as it looks to build a premium grocery business. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/freshterra-enters-premium-grocery-retail-plans-5-stores-by-march-with-omnichannel-play/132600875

Flipkart to enter food delivery space in a month

"Food delivery is another customer use case within our broader e-commerce platform. We will begin with a pilot, learn from it, and decide how to scale across the rest of the country. We will always come with a solid value proposition and innovate as we go along," Flipkart Group CEO Kalyan Krishnamurthy told TOI in an interview but did not disclose the details. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/e-commerce/e-tailing/flipkart-to-enter-food-delivery-space-in-a-month/132596069

B9 board, investors set out to find buyers for founder Ankur Jain's stake

Bira 91 is currently exploring options for selling founder Ankur Jain's stake, with its board and investors actively pursuing potential buyers. They have reached out to various family offices and corporate entities to facilitate the sale. To resume operations, the company estimates an infusion of approximately ₹500 crore will be necessary. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/grocery/b9-board-investors-set-out-to-find-buyers-for-founder-ankur-jains-stake/132595515

Next Gen to lead pan-India rebrand and expansion drive at Cafe Delhi Heights

Cafe Delhi Heights is undergoing its biggest transformation after fifteen years in business. The restaurant chain is betting on a new identity and an expanded menu. Aggressive expansion plans are being driven by the second generation of the Batra family. The brand refresh focuses on comfort, generosity, and Delhi's vibrant spirit. Mumbai is targeted for significant growth with new outlets planned. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/food-entertainment/food-services/cafe-delhi-heights-turns-the-page-next-gen-to-lead-pan-india-rebrand-and-expansion-drive/132559314

Global OTT shows changing India’s jewellery taste

Global streaming shows now dictate Indian jewellery preferences, replacing Bollywood's influence. Young shoppers seek designs inspired by "Bridgerton" and "Emily in Paris" series. Rising gold prices also encourage consumers towards lighter, more wearable diamond jewellery. Millennials and Gen Z view jewellery as personal style and self-expression. This shift reshapes India's significant diamond jewellery market. from Top Retail News | Latest Retailing & Retail Industry Information and Updates: ET Retail : ETRetail.com https://retail.economictimes.indiatimes.com/news/apparel-fashion/jewellery/bollywood-fades-bridgerton-shines-as-global-ott-shows-changing-indias-jewellery-taste/132571704