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India raises a toast to premium pours, snubs budget liquor

New Delhi, Nov. 4 -- India's liquor market is seeing a growing divide. Consumers with deeper pockets are spending more on premium spirits and beer, while those feeling the pinch of inflation are cutti... Read More


Govt assures liquor makers it will honour scotch import commitments

New Delhi, Nov. 2 -- The government has assured domestic liquor makers that the ambiguity over the customs classification of bulk Scotch whisky imports will be resolved amicably, three people aware of... Read More


Listed hotel chains, developers line up nearly 10,000 room signings in October

New Delhi, Nov. 1 -- Hotel chains and property developers have signed up as many as 10,000 rooms across India in October, and most of them are not in the big cities, according to Mint data. Three lis... Read More


BWH Hotels looks to add independent hotels in smaller cities

New Delhi, Oct. 28 -- As hotel chains look beyond India's major cities for growth, BWH Hotels is seeking to add more independent hotels in smaller towns to its global network, betting that improved in... Read More


Michelin stars, sold-out dinners: the business of bringing global chefs to India

New Delhi, Oct. 28 -- In August, a dinner by Massimo Bottura, chef-owner of the three-Michelin-starred Osteria Francescana restaurant in Modena, Italy, was priced at Rs.75,000 plus taxes per person. H... Read More


Diwali sweets: luxury mithai brands make a beeline for premium gifting market

New Delhi, Oct. 27 -- A box of 30 pista katlis finished with a 24-karat gold foil priced at Rs.21,000 from Khoya Mithai. A festive pack of 36 assorted sinful sweets at Meetha by Radisson for Rs.3,999... Read More


Swiss watchmakers put faith and language on the dial to woo Indian buyers

New Delhi, Oct. 26 -- As India gains weight on the global stage for Swiss watchmakers, brands are increasingly leaning on cultural resonance to captivate collectors. In just the past week, four limite... Read More


Wow! Momo plans Rs.300 crore fundraise, eyes overseas expansion ahead of proposed IPO

New Delhi, Oct. 26 -- Quick-service restaurant chain Wow! Momo Foods is preparing to expand overseas while lining up a Rs.250-300 crore fundraise to fuel its restaurant business in India, ahead of a p... Read More


Shree Naman Group steps up hotel buys, targets 2,500 rooms in five years

New Delhi, Oct. 25 -- Mumbai-based Shree Naman Group is targeting at least 2,500 hotel rooms over the next five years, as it looks beyond its home market to build a national hospitality portfolio thro... Read More


India's luxury watch boom is ticking. Franck Muller wants a bigger share

New Delhi, Oct. 22 -- The Swiss luxury watch industry is gaining momentum in India, with Franck Muller counting the country among its top five markets by volume. Rising purchasing power and changing b... Read More