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Tuesday, 27 October, 2009
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HyperCITY retail exits gourmet biz
Big Box retailer HyperCITY Retail has exited the gourmet retailing, Gourmetcity, citing it as an unviable business. A subsidiary of the Raheja group-led Shopper’s Stop, HyperCITY had launched the gourment business in 2008 when it was headed by expat CEO Andrew Levermore...
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Subway embarks on expansion spree
Subway, the American made-to-order sandwiches and salads chain, plans to double its outlet count in Kolkata by next year-end to cater to the city's growing appetite for health food. "In the next 12-14 months, we are targeting a 100% rise in store-count from seven at present to at least 15 by December 2010," Subway development partner for eastern India Rishi Bajoria told media...
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F&G RETAIL
FOODSERVICE
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Himalya International to set up functional Food project in Rajasthan
Himalaya International, BSE listed, food processing company will set up India's first functional food project at the total cost of Rs. 110.00 crores...
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Meghraj Food Processing sets up Greenfield production plant
Meghraj Food Processing India Pvt. Ltd, manufacturer of khakhras and chutney powder under the brand name ‘Daadis,’ is set to expand its plant...
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United Spirits Q2 net down 25pc at Rs 69 cr
United Spirits, India's largest spirits firm, has posted a 25 per cent decline in net profit to Rs 69.6 crore for the quarter ended September 30, 2009...
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Fi India gets a thumbs up from the exhibitors
Fi India's second day appeared to be more of a meeting ground for business players of diverse interests...
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Symposium on flexible packaging trends and tech. development
KeleMarie Lyons, founder and president of Pinnacle XL, will discuss ‘How to Enter the US Flexible Packaging Market’ at the 2009 Flexible Packaging Trends...
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Rajindera Kumar takes over as FHRAI President
Rajindera Kumar, Director, The Ambassador Hotel, New Delhi has taken over as the President of Federation of Hotel & Restaurant Associations of India (FHRAI)...
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Radisson to add new 162-room hotel in Chennai
Radisson Hotels is on an expansion drive in Chennai with a new 162-room hotel project, even as it plans to raise its inventory in its existing hotel...
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In Gandhi's name: restaurant serves non-veg, liquor
A chain of restaurants in the UK called Gandhi's Restaurant is using the Mahatma's name to sell non-vegetarian food and alcohol...
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Italian coffee giant Lavazza to make India coffee hub
Italian coffee giant Lavazza S p A has expansion plans in India. About 60 per cent of Lavazza’s revenues come from Italy and rest from foreign markets...
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McDonalds kicks off of its latest Happy Meal promotion
As part of the Happy Meal promotion, global QSR giant McDonald has unveiled eight favourite toys from popular animated television series on ordering a Happy Meal...
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