DELHI RESTAURANTS
Eating out could become more expensive as vegetable prices soar
Vegetable prices are skyrocketing, leading restaurants to consider hiking menu prices and abandoning discounts, ultimately burdening diners with higher costs for dining out. The unprecedented price surge has impacted bottom lines of eateries, forcing some to adjust portions or even discontinue certain items. Larger establishments are extending support to vendors facing challenges due to rising costs, while smaller joints are exploring cost-saving measures like automation.
Mother issues
'Well,' says Mrs Banerjee, 'This is not a competition, but my Subhro pays someone ₹2,000 an hour twice a week just so he can lie on a couch and talk to him. And who do you think he speaks about at those prices? ALL HE SPEAKS ABOUT IS ME!'
Iconic restaurant chain Adyar Ananda Bhavan looks to tap PE funds to raise ₹1,000-1,200 cr
The Chennai-based QSR brand, famous for southern cuisine, is eyeing a valuation of about ₹3,500 crore, people aware of the development told ET. Veda Corporate Advisors will advise A2B in its fundraising process, which is part of a drive to professionalise the family-run business, the people said.
India's food services sector to hit Rs 7.76 lakh cr by 2028: NRAI Report
India's food services sector is projected to grow from Rs 5.7 lakh crore to Rs 7.76 lakh crore by 2028, according to the National Restaurant Association of India's (NRAI) India Food Services Report 2024. This represents a CAGR of 8.1%, surpassing the RBI's GDP growth forecasts. The sector, currently the third largest industry after retail and insurance, is expected to employ one crore people by 2028, up from 85.5 lakh.
Restaurant chain House of Biryan raises $2 million in funding
House of Biryan secures $2 million in funding from Al Siraj Holdings, Angel Star Ventures, and US HNIs. The company plans to expand with 30 new kitchens, focusing on popular Indian cuisines. Current ARR at Rs 25 crore with a goal of reaching Rs 100 crore by 2025.
Zomato suspends hyperlocal goods delivery service Xtreme, restarts Intercity Legends: sources
Zomato's hyperlocal goods delivery service 'Xtream' was rolled out in nearly all the 750-800 cities where the company offers food delivery. Zomato has also removed the Xtream app from Google Play Store as well. The online food delivery giant has more than 300,000 delivery executives nationwide.
Beer brands missing from Delhi bars, restaurants. Here's why
Delhi faces a beer shortage, impacting sales at various venues. Sudhakar Banerjee notes the absence of popular beer brands at a niche restaurant, affecting customer satisfaction. Restaurateurs struggle with limited stock, leading to sales decline and customer experience issues. The shortage prompts customers to seek drinks in neighboring towns, exacerbating the problem.
Couple's 'hack' to eat free at 5-star restaurants leaves internet 'disgusted'
A couple's unusual method for dining free at 5-star restaurants has stirred up strong reactions on the internet, leaving many disgusted by their deceptive tactic. The revelation serves as a cautionary tale about the extremes people might go to for small gains, prompting concerns about honesty and ethics in everyday interactions.
Gurgaon couple uses dead fly trick to avoid paying at restaurants. Netizens outraged
A middle-aged couple's shocking scam involving using a dead fly to avoid paying for meals at upscale restaurants has gone viral on the microblogging platform X. Udit Bhandari shared the story, revealing how the couple carries a dead fly, places it in their food, and creates a scene to get their meals for free. The post, which has received close to 2,000 views, sparked widespread outrage and disgust online.
Restaurants face the heat in summer of '24, business drops by up to 40 per cent
Temperatures in and around Delhi have hit all time highs this summer. On May 29, the day's maximum temperature of 46.8 degrees Celsius, recorded at the primary weather station Safdarjung Observatory, was a 79-year high. It broke the previous record of 46.7 degrees Celsius, registered on June 17, 1945. In Najafgarh area, temperatures soared even higher.
India-Pak T20 Clash: Pubs, quick commerce startups win the game
Makers of snacks, munchies and soft drinks said they saw a 25-30% surge in sales of such impulse categories on Sunday compared to regular weekends, especially of bigger, sharing packs, on e-commerce platforms. "Sales orders of large packs started to pick up around 12 noon onwards, as people began to stock up for the evening to watch the match indoors with friends and family," said a sales executive at a cola company.
Indians give eateries cold shoulder amid head-spinning heat
Extreme heatwave conditions across India have significantly impacted restaurants, pubs, and bars, leading to a sharp decline in sales and footfalls, with some outlets reporting up to a 40% decrease. Al fresco dining and high street locations are worst affected, especially during lunch hours, which are seeing a notable drop in business. The heatwave, with temperatures exceeding 50 degrees Celsius in some places, has led people to avoid outdoor dining, impacting sales till about 6 pm.
India's biryani craze keeps food, delivery companies on their toes
Grover said the company is also conducting a pilot in Mumbai for ‘Mehfil-e-Behrouz’. “Under this, we will arrange a buffet-like setup for people wishing to host a gathering through Behrouz complete with table runners, and kebabs and curries as accompaniments,” he added.
IPL final: F&B companies rejoice as demand at bars and cafes soars up to 50% amid lean summer
During an otherwise lean season for pubs, bars and restaurants because of people being away on summer vacations, the IPL final in Chennai triggered a dramatic spike in footfall and sales across the cricket-crazy nation, executives said.
IPL fever boosts bar and pub business amid sweltering heatwave
As the Indian Premier League (IPL) playoffs commence, bars, pubs, and cafes are capitalizing on the surge in fan interest. The ongoing heatwave is driving cricket enthusiasts to seek air-conditioned comfort in these establishments rather than enduring the sweltering stadiums. Businesses are offering live screenings, stadium-like atmospheres, sports menus, cocktails, and team merchandise. Despite alcohol-free dry days during elections in Mumbai and Delhi-Gurgaon, establishments expect strong turnout, emphasizing the social experience.
Restaurants, food aggregators see record business on Mothers' Day
As compared to last year, restaurants saw families in larger packs, which, in turn, boosted the overall cover charges
Noida, Ghaziabad may extend bar hours in catch-up with Delhi, Gurugram
UP government committee is reviewing extending Noida, Ghaziabad bar hours to boost revenue. Noida owners propose bars open until 4 am. Currently, bars in Delhi can be open until 3 am while those in Gurgaon operate 24/7.
Service charge by restaurants, hotels with GST a 'double whammy' for customers: Delhi High Court
Delhi High Court criticizes service charge with GST, questioning renaming to 'staff charges' by restaurant associations. Case involves Consumer Protection Authority's guidelines on transparent service charge display, next hearing on May 29.
Indians are opting for more processed food and restaurant meals
Indians are cooking less at home, opting for processed food and out-of-home consumption. The trend is expected to rise with quick commerce, food delivery apps, and changing food preferences, especially among middle-income consumers.
Load More
