Venchi’s arrival in India comes at a time when premium chocolate, luxury gifting and artisanal food formats are gaining strong traction among urban Indian consumers. CocoCart sees a clear opportunity to build the category beyond transactional retail, creating destinations that appeal to consumers looking for discovery, indulgence, gifting and experience-led consumption. The company’s larger expansion strategy includes building a multi-brand premium F&B portfolio across Indian metros, with Mumbai and Delhi as initial focus markets, followed by further expansion into cities such as Ahmedabad and Bengaluru. The company’s boutiques vertical is expected to create 575 jobs by FY28, as per the...
CHICAGO (May 12, 2026) – Hyatt Hotels Corporation (NYSE: H) today announced that Adam Rohman has been appointed Head of Americas, effective July 1, 2026. Rohman succeeds Pete Sears, who is… CHICAGO (May 12, 2026) – Hyatt Hotels Corporation (NYSE: H) today announced that Adam Rohman has been appointed Head of Americas, effective July 1, 2026. Rohman succeeds Pete Sears, who is…
Ventive’s hospitality business generated revenue of Rs 658 crore in Q4 FY26, a growth of 13 percent YoY. The hospitality EBITDA was at Rs 295 crore, up 9 percent YoY, with an EBITDA margin of 45 percent. Hospitality Revenue EBITDA and EBITDA Margin in Q4FY26 was impacted on account of geopolitical tension and travel restrictions. For the full year FY26, hospitality revenue was Rs 1,980 crore, up 23 percent YoY, with EBITDA of Rs 735 crore, growing 33 percent YoY and an EBITDA margin of 37 percent, expanding 3 percentage points YoY, said a release.Ventive’s hospitality business generated revenue of...
The Series B funding is led by the Bikaji Foods Family office and some other international funds, with participation from existing investors V3 Ventures and MJV Ventures, who doubled down on their investment, along with Alteria Capital. This brings the company’s total funding to Rs 113 crore to date, including nearly Rs 37.7 Crore from its previous seed & series A funding. At a time when food consumption in India is evolving rapidly, Dil Foods is building a platform that combines culinary diversity, operational efficiency, and digital distribution. Since its last fundraise, Dil Foods has significantly scaled its footprint, expanding...
World-renowned property offers breathtaking views of Mount Fuji and Lake Yamanaka Joins RIGHA Royal Hotel Osaka and The Windsor Hotel TOYA in unique brand portfolio World-renowned property offers breathtaking views of Mount Fuji and Lake Yamanaka Joins RIGHA Royal Hotel Osaka and The Windsor Hotel TOYA in unique brand portfolio
Spread across 11,000 square feet, the facility is engineered for high-volume productivity without compromising on nutritional integrity or food safety. It is equipped to deliver up to 22,000 meals per day across breakfast, lunch, and dinner, with 80 percent scalability margin, allowing production to expand to 40,000 meals daily, supporting services for a growing client base across the region, said a release.Spread across 11,000 square feet, the facility is engineered for high-volume productivity without compromising on nutritional integrity or food safety. It is equipped to deliver up to 22,000 meals per day across breakfast, lunch, and dinner, with 80 percent...
Under these latest CoSS rules, an eligible gig and platform worker includes all such workers engaged by the aggregator directly or through an associate, holding or subsidiary company or through a third party. Any income earned from aggregator on a day will be treated as one-day with the platform.Under these latest CoSS rules, an eligible gig and platform worker includes all such workers engaged by the aggregator directly or through an associate, holding or subsidiary company or through a third party. Any income earned from aggregator on a day will be treated as one-day with the platform.
For Q4 the company reported revenues of Rs 2845 crore, EBITDA of Rs 1052 crore at a margin of 37 percent and profit after tax at Rs 600 crore. The FY 25-26 results showed revenues at Rs 9971 crore, EBITDA at Rs 3477 crore at a margin of 34.9 percent and profit after tax at Rs 2084 crore. IHCL Standalone reported a revenue of Rs 5,640 crores, driven by RevPAR growth of 12 percent in Q4, clocking a strong EBITDA margin of 45.1 percent, an expansion of 120 basis points and a PAT of Rs 2,012 crores, said a release.For...
The Indian Hotels Company, affectionately known as IHCL, is setting its sights on global horizons. With its domestic operations thriving, the company is primed for international growth through management contracts and operating leases.The Indian Hotels Company, affectionately known as IHCL, is setting its sights on global horizons. With its domestic operations thriving, the company is primed for international growth through management contracts and operating leases.
Wonderla Holidays Pvt Ltd is sharpening its focus on hospitality expansion alongside its core amusement park business, following a record-breaking fourth quarter performance driven by strong revenue and profitability growth. The company’s Chennai park has emerged as a key contributor within months of launch, reinforcing its broader expansion strategy and supporting improvements in average revenue per user through premiumisation and enhanced guest engagement. Executive chairman and managing director Arun K Chittilappilly said the group is steadily building its hospitality vertical as an allied offering, targeting guests seeking short, experience-led stays. With plans to develop 150-room hotels across key locations such...