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Carrefour changes India playbook, eyes 50 stores in second innings

New Delhi, Sept. 4 -- After over a decade, the French supermarket retail chain Carrefour has returned to India with a strategy markedly different from the one it pursued when it first came here. It is... Read More


AB InBev pours more into India, bets on states' policy push

New Delhi, Sept. 3 -- Budweiser-maker Anheuser-Busch InBev (AB InBev India) is stepping up investments in the country, putting more money behind states where policy changes are making the economics of... Read More


Listed hotel chains take the road less travelled to find new growth in obscure locations

New Delhi, Sept. 1 -- As the country's domestic tourism grows, riding India's buoyant leisure travel trend, listed hospitality companies are rapidly signing up hotels in obscure micro-markets from Bar... Read More


Pernod Ricard India cuts at least 200 jobs in two years in major operational restructuring

New Delhi, Sept. 1 -- French spirits maker Pernod Ricard has seen at least 200 exits over the past two years, reducing its total headcount in India to 1,400 as part of a major operational restructurin... Read More


UBL sees premium beer growing 3x faster than market

New Delhi, Sept. 1 -- United Breweries Ltd (UBL) expects its premium beer business to grow 20-25% annually over the next three to five years, nearly three times the pace of India's broader beer market... Read More


United Breweries sees premium beer growing 3x faster than market

New Delhi, Sept. 1 -- United Breweries Ltd (UBL) expects its premium beer business to grow 20-25% annually over the next three to five years, nearly three times the pace of India's broader beer market... Read More


Luxury or budget? Hotel chains strike upon a juicy middle ground

New Delhi, Aug. 27 -- Top hotel chains are discovering a profitable middle ground between opulent palaces and budget stays, where rising consumer spend meets higher room rates. The strategy is taking ... Read More


Shree Naman Group wins bids for JW Marriott Bengaluru, Crowne Plaza Pune at Rs.1,800 crore

New Delhi, Aug. 26 -- Mumbai-based Shree Naman Group, which owns the luxury Sofitel Mumbai BKC and midscale Ibis Mumbai BKC hotels, has won bids for a JW Marriott hotel in Bengaluru and a Crowne Plaza... Read More


Mango's India sales split 50:50 online, offline as q-commerce boosts repeat buys

New Delhi, Aug. 23 -- Spanish fashion retailer Mango's India business is now split roughly 50:50 between online and offline, with deliveries from stores through fashion e-commerce platform Myntra's qu... Read More


Wyndham targets 200 India hotels by 2028 as smaller cities drive growth

New Delhi, Aug. 20 -- Wyndham Hotels & Resorts, the world's largest hotel franchising company, aims to more than double its footprint in India to around 200 hotels by 2028 from 96 currently, as a surg... Read More