Afoozo, CCD win franchise bid to run India Coffee House

Manpasand Beverages, a fruit juice manufacturer, has set up a new manufacturing facility in the state of Uttar Pradesh. The company has invested approximately Rs 170-180 crore for setting up this facility.

This facility will lead to the capacity addition of 45,000 to 50,000 cases per day from its existing capacity of around 2,25,000 cases per day.

The company said, “The new facility is located in Varanasi. We propose to focus on manufacturing our existing range of products. With this, we will be better positioned to cater to the markets of North and East India."

In the effort to drive volume, Manpasand Beverages had earlier said that it would invest Rs 1,500 crore to set up 10 new manufacturing plants in the country by 2020.

A popular establishment that has become known as one of the cornerstones of the burgeoning Singapore bar scene and climbed to number 25 on the World’s 50 Best Bars list for 2017, 28 HongKong Street takes its cocktails seriously, and serves up beautifully complex, balanced classics or more bespoke creations, all accompanied by bar snacks that are touted as ‘almost legendary.’ And to give Delhi a taste of these legendary offerings, Ek Bar, the modern cocktail bar with a distinctly Indian flair, is collaborating with 28 HongKong Street.

On June 21 and 22, 2018, Co-Bar Captain Lukas Kaufmann and Sous Chef Richie Tam will represent 28 HKS in a take-over of Ek Bar, for a one-of-its-kind pop-up event. The dynamic team will offer Delhiites an exclusive, conceptual cocktail menu, inspired by the “Golden Age” of cocktails (between the 1860’s and Prohibition). This was when bartenders started to develop inventive versions of cocktails based around and inspired by their region’s aesthetic and style.

This exciting collaboration is the first in a series of carefully-curated associations that Ek Bar is focusing on through the year, choosing partners that share a similar culinary philosophy, and look to champion the finest regional ingredients.

The food processing park at Vinchur, about 60 kms from Nashik, has got its first investment worth Rs 200 crore. The two food processing plants are expected to become operational within the next one-and-a-half years.

Nashik firm Siva Sai Export and Andhra Pradesh firm Polysetty Somasundaram Agro have finalised their investments to set up units at the food processing park.

Maharashtra Industrial Development Corporation (MIDC) has already allotted 17 acres to Siva Sai Export and 7.5 acres to Polysetty Soma at the food processing park, located adjacent to Vinchur Wine Park, near Niphad.

Polysetty Somasundaram Agro is setting up a dehydration plant for onions and other vegetables at an investment of Rs 100 crore, which will generate 1,600 direct and indirect jobs and involve close to 40,000 farmers through contract farming.

“We are setting up a plant to dehydrate onions, garlic, carrot and beetroot. The processing capacity will be around 40,000 metric tonnes per annum. We will outsource production of onions and other vegetables through contract farming with around 45,000 farmers.” Shared company in a statement.

Siva Sai Export is setting up the food processing unit at an investment of Rs 100 crore, which will provide direct and indirect employment to 3,500 people. Apart from this, it will involve around 30,000 farmers into contract farming.

“We are already exporting frozen fruits and vegetables to Russia. Our new food processing plant at Vinchur will be an export-oriented unit. The processing capacity of the plant will be 10 metric tonnes per hour,” said the sources from Siva Sai Exports.

The iconic Khan Chacha brand of restaurants that boasts patrons including famous politicians, filmstars and sports personalities is at the centre of a trademark ownership battle between partners who ran the business together until recently but have now fallen out.

Partners, Haji Banda Hasan, also known as Khan Chacha, and Navneet Kalra, are bickering over an agreement that Kalra claims assigned him the rights to the Khan Chacha brand in 2012, and Hasan alleges that it is “forged and fabricated”.

The partnership between the two parties took an ugly turn last year culminating in Hasan and his sons splitting from the business and establishing a restaurant under a different brand. The Hasan family subsequently claimed rights over the trademark Khan Chacha which is registered in Hasan’s name.

Kalra has claimed ownership of the trademark, citing an agreement dated April 4, 2012, which states that Hasan “unconditionally, irrevocably and perpetually” assigned to Gupta and Gupta, a firm owned by him, the trademark “Khan Chacha”.

Hasan has disputed the validity of the agreement and filed a complaint with the economic offences wing of the Delhi Police on February 15 this year alleging wrongdoing on the part of Kalra. A district court in south Delhi’s Defence Colony area directed the police to submit an action taken report with respect to the complaint on November 2.

The Biggest U.S Pizza delivery chain Domino’s Pizza Inc reported much better quarterly profit than expected as the company getting benefit by the higher demand in united state of America.

Sale of all same stores of company owned outlets in United States jumped 8.4% in third quarter ended September 10.  The company owned outlets was the biggest source of profit for largest U.S Pizza delivery chain.

This jump was far better than expected as the analyst was expecting 6.6% rise by research firm Metrix.

After jumped in sale Domino’s net income rose to $56.4 million and $1.18 per share in the latest reported quarter from $47.2 million or 96 cents per share last year.

According to Reuters, Excluding items, the company earned a profit of $1.27 per share, beating analyst’s average estimate of $1.22