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Everstone Group

Burger King launches 400th restaurant in India

The 400th store of Burger King is located at Siliguri, West Bengal Bengaluru: US-based hamburger chain Burger King has reached a milestone in India by opening its 400th outlet in the country, the company said. The quick service restaurant (QSR) company...

Culinary Brands announces exclusive partnership with Lavazza in India

This is the second such exclusive partnership by Culinary Brands for India in the F&B space, after taking exclusive master franchise rights for Subway Bengaluru: Culinary Brands (CB), part of Everstone Group, signed an exclusive license for the premium Lavazza brand in India....

Everstone arm to buy out Cookie Man

Everfoods, the packaged foods platform controlled by PE fund Everstone group, said that it has entered into an agreement to acquire the entire promoters' stake of Cookie Man, for an undisclosed sum.Chennai-based Cookie Man (Australian Foods India) is the...

Everstone to acquire Kenstar from Videocon

Everstone Group, an Indian and Southeast Asian focussed private equity firm, said it will acquire the Kenstar home appliances brand and business from the Videocon Group’s Dhoot family. “The proposed sale, subject to statutory approvals and specific clearances, includes the...

Modern Food Enterprises relaunches iconic brand with enhanced portfolio of health-focused products

Modern Food Enterprises Pvt. Ltd. (MFEL) has announced a comprehensive relaunch of its iconic Modern brand, with new brand positioning; new brand identity; fresh, vibrant and contemporary packaging; and an enhanced portfolio of superior and healthier products. The new Modern...

Indian Real Estate: A Review of 2016 and Peering into 2017

As a landmark year for the country - and the real estate industry - draws to a close, it’s time to analyze what happened in 2016 and what to expect in 2017. For the real estate industry, 2016 saw...

HUL completes sale of Modern Bakery brand

Hindustan Unilever Ltd (HUL), the FMCG major has completed the sale of its bread and bakery business under the Modern brand to Everstone Group's Nimman Foods Pvt Ltd (now known as Modern Food Enterprises Pvt Ltd). HUL had announced in...

BURGER KING forays into the Indian market with Delhi launch

Burger King opened doors of India’s first Burger King Restaurant in Delhi. The inaugural outlet is situated in Select Citywalk, Saket, Delhi and marks the commencement of a minutely deliberated strategy to build BURGER KING as a committed brand...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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