One of Britain biggest coffee shop operator Costa coffee have rose 6.7 percent profit as it added more premium Inn rooms and opened more Costa coffee oulets.
In a statement company said” Underlying pretax profit in the six months to Aug. 31 was 328 million pounds ($433 million) while revenue rose 7.4 percent to 1.67 billion pounds. At Premier Inn, UK revenue per available room (RevPAR) rose 1.8 percent to 53.46 million pounds. The business was on track to have 85,000 rooms by 2020 from 70,120 rooms at the end of the half year.”
In Britain, it opened over 2,000 new Premier Inn rooms and added 21 more Costa stores during the first half.
Costa UK revenue rose 8.3 percent to 542 million pounds driven by good response to its breakfast and lunch ranges and addition of 108 net new stores.
Muro Cafè makes its debut with a tantalizing selection of Asian breakfast staples, including Thai and Cantonese cuisine at Museum Road, Bangalore.
With the creative breakfast menu developed by the chefs at Muro Cafè, which offers regional takes on Western breakfast classics.
“Our vision with Muro Cafè was to create a breakfast experience that introduces guests to authentic Asian flavors in a warm, inviting setting. We wanted to bring the richness of Asian breakfasts to life, making each dish feel like a journey through different culinary traditions. The combination of flavors and ingredients offers something truly unique for Bangalore," adds Niharika Raval, Co-Founder, Muro Cafe.
Muro Cafe serves the classic comfort food like Khao Man Gai is cooked in 3 different ways to a twist on Gai yang - grilled chicken used as a filling for sandwiches. Rich & creamy crab omelets, French Toast with Pandan Custard & Danish filled with Kara Pao, Chicken Satay & Pork Neck, also make an appearance with many other items in the menu.
Toast & Tonic is cranking up the taste dial, with a completely new menu that is as bold as its cocktails and as lively as its customers. A gourmet symphony that is funky, fresh, and full of unexpected twists, this is not your typical menu update.
The new menu was launched on 19 November. Those who want innovation in their plates and glasses have long turned to Toast & Tonic, which is tucked away in the center of BKC, Mumbai. Now that their new redesigned menu has been unveiled, they aim to demonstrate the eating experience.
In the menu, bold flavours meet global inspirations with their Tangy twist to Caremalised Apple and Beetroot salad, for the sweet touch they have unique range of gelatos. In Beverages segment, the major highlight is Caramel Popcorn with gin and much more.
“Our vision with this new menu was to surprise our guests and give them a reason to fall in love with dining out all over again. We’ve mixed comfort with a little chaos, and the result is a menu that’s fun, delicious, and unapologetically original, said Chirag Makwana, Head Chef, Olive Bar & Kitchen Bandra, Toast and Tonic. “
We all long for a place that feels comfortable, like home, where we can relax and enjoy the small things in life in today's hectic world. A welcoming and cozy addition to Mumbai’s Santacruz's culinary scene, Two Gud Sisters provides just that. More than simply a moniker, "Two Gud Sisters" is a friendship that has evolved into a sisterly tie, given to reality by Rinka Jha and Rashmi Mishra's vision. It began with the same aspirations they pursued as young people and evolved into a shared vision. The menu was designed by superstar Chef Abhinas Nayak.
These two sisters, who were driven by a shared love of designing cozy and welcoming environments, set out to create a community where people could bond over delicious food, interesting conversation, and treasures. The immersive eating experience at Two Gud Sisters is made possible by the interior design, which was created by architects Rohit Sharma and Siddhartha Srivastava.
Speaking about the launch, Rashmi Mishra, the Co-founder of Two Gud Sisters, stated, “We’ve always shared a love for food & drinks and a dream of creating a space where people could gather and feel at home. Two Gud Sisters is the realization of that dream. We’ve poured our hearts and souls into every aspect of this all day café & bar, from the menu to the ambiance.”
Mauji Time Café, the biggest time café in India and the first in Pune, is thrilled to announce the opening of its second location in Nagpur in October. Mauji is prepared to bring its distinctive community-driven idea to Maharashtra's third-largest city after the Pune location's tremendous success and enthusiastic reception.
A refined version of the Russian time café concept, Mauji charges patrons for the time they spend there while providing complimentary drinks. This expansion is a major step in that direction.
It is anticipated that it will be open during hours comparable to those in Pune, enabling customers to enjoy the area all day long. A range of distinctive services, such as partnerships with regional artists, workshops, pop-up markets, and exhibitions highlighting local talent, are anticipated by visitors.
Talking about this expansion, Vandita Purohit, Founder of Mauji Time Café, said, “Mauji is all about creating spaces that inspire creativity and foster a sense of community. Expanding to Nagpur is a deeply personal and exciting step in our journey, as it also happens to be my hometown. We look forward to bringing the Mauji experience to this vibrant city and creating a space where the Nagpur community can come together, connect, and thrive.”
The Income Tax department, which began search operations at Coffee Day Group companies and the other premises owned by founder VG Siddhartha on Thursday morning, continue with its operations today.
An IT official said “We don’t finish our searches normally on a single day”.
The officials have swamped down on 25 premises owned by the Coffee Day Group in Mumbai, Chennai and Bengaluru, including the corporate office on Vittal Mallya road, and other personal properties owned by Siddhartha in his hometown of Chikkamagaluru in Karnataka. The entrepreneur owns vast swathes of coffee planation in Chikkamagaluru district. The officials also searched his residence in Sadashivanagar in Bengaluru, but left the premises on Thursday evening itself.
The Coffee Day Enterprises stock continued to trade in the red today, having lost about 2% in value around 10 am.
In a statement, Coffee Day said: “Coffee Day Enterprises is a responsible corporate following all norms of corporate governance. We continue to comply with laws of land and will extend all cooperation with the concerned authority.”
Karnataka Pradesh Congress president G.Parameshwara said BJP regime at the Centre was misusing the IT department to target Congress leaders, and the raids on Siddhartha were meant to divert such criticism. The Centre wants to claim that they would not spare even the relatives of their party leaders, he said.
Café Coffee Day, the ubiquitous coffee retail chain with some 1650 outlets countrywide is the dominant player in the fast-growing sector, its rivals include America’s Starbucks, which has about 100 outlets in India’s top cities.
Coffee Day Enterprises reported revenues of Rs 3120 crore revenue for the year ended March 2017.
Income Tax officials began raids on the offices of Cafe Coffee Day founder and investor V.G.Siddhartha at multiple locations in Mumbai, Bengaluru and Chennai, including his hometown of Chikmagalur in Karnataka. The search operations began in the morning, and are continuing now. Initial reports said the IT teams conducted searches at about 20 locations including at Siddhartha’s residence in Bengaluru, his Coffee Day, and Way2Wealth offices.
Sidhatha is the son-in-law of former Karnataka Chief Minister and Foreign Minister in the UPA regime S.M.Krishna. After decades of association with the Congress, Krishna joined the BJP in March this year in the presence of party’s national president Amit Shah. The veteran politician’s switch was provoked by reports that the first family of the Congress had apparently ignored him.
The Coffee Day stock is trading in the red, and had lost about 4% at 11 am.
Rollacosta owned and operated by Black Orchids Pvt Ltd is planning to open 20+ outlets in India in tier II and tier III cities.
Started in 2012 by Manav Shital and Niti Agarwal, Rollacosta has also tied an agreement in UAE to expand the brand to global diaspora.
Known for its innovative concept of preparing shawarmas and rolls, the brand will be soon opening its first outlet in Dubai.
Rollacosta focuses to deliver quality products in such a way that consumer of any age group feels happy and satisfied with the service.
Present in over 20 cities in India, the brand has launched it single ordering number and Rollacosta app which has been a huge success.
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