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About 24 results for "food beverage service"

Sodexo partners with Grofers to ease payment on delivery process

Food services and facilities management company Sodexo has announced partnership with Grofers, the online grocery delivery service company.Under the innovative solution partnership, Sodexo has launched an IVR-based payment option that will enable its meal ... Business Standard, 2 months ago
Business Standard

GST: Abolition of input credit spells trouble for new franchise restaurants

Amid the fuss on revision of eatery menus, in line with the new goods and services tax (GST) rate, the restaurant chain sector is staring at another disruption. Abolition of the input tax credit (ITC) facility has raised concern on growth and opening of new ...
 Business Standard5 days ago
Rediff.com

Are higher taxes responsible for India's economic slowdown?

The combined share of customs and excise duties, service tax, and value-added tax in India’s gross domestic product reached an all-time high of 10.5 per cent. Illustration: Dominic Xavier/Rediff.com There has been a steady rise in indirect taxes (net of subsidies) in recent years, pushing up retail prices of commonly used goods and services. The combined share of customs and excise duties, service tax, and value-added tax (VAT) in India’s gross domestic product (GDP) reached an ...
 Rediff.com2 months ago

Tata Global Beverages to sample QSR format from Bangalore

FC Bureau City: Bangalore Tata Global Beverages Ltd (TGBL) has entered into a new format of business by setting up Tata Cha, a standalone cafe that serves 25 varieties of beverages and an equal number of authentic regional food varieties. TGBL regional ...
 The Financial Chronicle1 month ago

PepsiCo makes biggest public pre-order of Tesla Semis: 100 trucks

By Eric M. Johnson SEATTLE (Reuters) - PepsiCo Inc has reserved 100 of Tesla Inc's new electric Semi trucks, the largest-known order of the big rig, as the maker of Mountain Dew soda and Doritos chips seeks to reduce fuel costs and fleet emissions, a company ...
 Sify11 hours ago

Packaging sector to quadruple by 2020

City: Chennai Demand for transit packaging is set to witness unprecedented growth due to the rapid strides in e-retailing in India In line with the gro­wth in e-commerce, the transit packaging industry is set to quadruple by 2020. Organised players stand to ...
 The Financial Chronicle1 week ago
Rediff.com

Havmor Ice Cream sold for Rs 1,020 crore to South Korean Lotte Confectionery

Havmor makes 150 products from its two plants and has around 30,000 dealers South Korea’s Lotte Confectionery has acquired Ahmedabad-headquartered ice cream maker Havmor Ice Cream Ltd (HIL) for Rs 1,020 crore in an all-stock deal. Privately held Havmor, whose annual turnover is estimated to be Rs 450 crore, worked with its financial advisor, KPMG, besides Veritas Legal and Dhruva tax consultants, to seal the deal.   Announcing the deal on Thursday, Ankit Chona, managing director, ...
 Rediff.com2 weeks ago
Trak.in

Paytm Set To Acquire Nearbuy, Little At A Reduced Valuation Of $30 Mn; Both Had $80 Million Funding!

This is a typical case of a bigger startup engulfing two smaller, distressed startups at a killer price tag. Nearbuy and Little, two different local deals apps with combined funding of $80 million have been bought by Paytm for just $30 million. And this ...
 Trak.in3 weeks ago
Rediff.com

Eating out, items of daily use get cheaper on lower GST

PTI City: New Delhi Eating out and mass consumption products have become cheaper as the lower GST rates on over 200 items come into effect from today. Large retail outlets have also started advertising the downward revised prices of FMCG items like Shampoo, ...
 The Financial Chronicle3 weeks ago Lower GST rates may reduce inflation: Report  Rediff.com4 weeks ago
Rediff.com

Want to eat this on your movie date? Click here!

Theatres are finding innovative new ways to increase footfalls, discovers Vanita Kohli-Khandekar. Is it a multiplex or an experience? As PVR Cinemas, Cinepolis, Inox and Carnival, among other multiplex chains, spend crores building high-end lounges, recliner seating and restaurants, the question is more than academic. About 12-15 per cent of the 2,182 crore PVR Cinemas's operating profits and 10 per cent of its revenue come from its high-end offerings such as Gold Class and Director's Cut, ...
 Rediff.com1 month ago
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