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By Author
Published on February 6, 2024
In a remarkable display of resilience and strategic growth, The Indian Hotels Company Limited (IHCL) has once again outdone itself by reporting its seventh consecutive quarter of record performance. For the quarter ending December 31, 2023, IHCL's revenue saw a significant jump of 15% year-on-year, reaching an impressive INR 2,004 crores.
The company didn't just stop at revenue growth; it also reported an 18% increase in EBITDA, which stood at INR 772 crores. This boost in earnings comes with an equally impressive EBITDA margin of 38.5%. What's even more commendable is the Profit After Tax (PAT), which soared to INR 452 crores, marking an 18% increase compared to the previous year.
IHCL's domestic operations played a pivotal role in this quarter's success, with revenue reaching INR 1,323 crores, a 22% increase over the previous year. The domestic EBITDA margin was particularly noteworthy at 45.4%, indicating a robust expansion and operational efficiency.
Puneet Chhatwal, the Managing Director & CEO of IHCL, shared his enthusiasm over the Q3 FY24 results, emphasizing the all-time high consolidated EBITDA margin of 38.5% and a PAT margin of 22.6%. He attributed this success to the company's strong market performance, addition of new businesses, and scaling of existing ventures.
The period also saw IHCL making significant strides in expanding its portfolio. The company announced the signing of agreements for 28 new hotels and celebrated the opening of 16 hotels, including the iconic Taj Taal Kutir in Kolkata and Vivanta Tawang, bringing its total to 200 operating hotels.
IHCL's new business vertical, which includes brands like Ginger, Qmin, amã Stays & Trails, The Chambers, and TajSATS, has shown substantial growth, further diversifying and strengthening the company's revenue streams. Notably, the flagship Ginger hotel at Mumbai Airport reported an 80% occupancy and turned a net profit in its first month.
In related news, the Thomas Cook India Group reported impressive financial results for the first nine months of FY24, with a 132% increase in Consolidated EBITDA and a 258% YoY growth in Consolidated Profit Before Tax (PBT) for the third quarter.
As IHCL continues to break records and expand its horizons, the future looks promising for India's hospitality giant. With strategic expansions, diverse ventures, and consistent performance, IHCL is set to redefine hospitality excellence.
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By Hariharan U
Published on July 22, 2026
Bikanervala, one of India's most recognised heritage brands in sweets, snacks, and traditional vegetarian cuisine, is strengthening its presence in Bengaluru as part of its ambitious South India expansion strategy. With a legacy spanning more than 115 years, the brand continues to expand its footprint by introducing authentic North Indian flavours to one of India's most dynamic and cosmopolitan food markets.
Founded in 1905 in Bikaner, Rajasthan, and expanding to Delhi in 1950, Bikanervala has evolved into a global food and hospitality brand with more than 270 outlets across India and international markets, including the USA, Canada, UAE, Qatar, the UK, Australia, Singapore, Nepal, and New Zealand. The company operates under three verticals Bikanervala Restaurants, Bikano Packaged Foods, and Bikano Chat Cafes, while maintaining its commitment to authentic recipes, quality ingredients, and traditional Indian hospitality.
Bengaluru represents a strategic milestone in the company's nationwide growth roadmap. The city's diverse consumer base, expanding middle-class population, thriving corporate ecosystem, and appreciation for regional Indian cuisines have positioned it as an important destination in Bikanervala's South India expansion plans.
The brand currently operates from Jayanagar, offering dine-in, takeaway, pickup, delivery, and catering services. Operating daily from 7:30 AM to 11:30 PM, the outlet caters to breakfast, lunch, evening snacks, and dinner while serving both individual diners and corporate customers.
The Bengaluru menu showcases an extensive selection of traditional North Indian favourites, including signature sweets, Bikaneri namkeens, chaats, North Indian curries, breads, and festive delicacies. Guests can enjoy classics such as Raj Kachori, Chole Bhature, Jalebi, Khandvi, Handvo, Dhokla, Kachori, Dal Dhokli, Paneer specialities, and a wide range of authentic regional recipes. The menu also includes South Indian dishes, Indo-Chinese offerings, refreshing beverages, desserts, corporate meal boxes, and customised thalis.
Beyond restaurant dining, Bikanervala offers catering solutions for weddings, birthday celebrations, corporate events, family gatherings, and festive occasions. The brand also provides specially curated festival sweet assortments, premium gift hampers, and customised bulk orders for celebrations and corporate gifting.
Maintaining high standards of food quality and safety remains central to Bikanervala's operations. The Bengaluru outlet operates under FSSAI License No. 11225334001195 and follows the company's standardised quality protocols. Bikanervala was also the first Indian sweets and namkeen brand to receive ISO 9001 certification, reflecting its longstanding commitment to quality assurance, hygiene, and operational excellence.
The company's South India strategy forms part of a broader national expansion plan that aims to add more than 70 new outlets across India during FY2025–26. Looking ahead, Bikanervala plans to establish over 700 stores globally by 2030 while targeting revenue of ₹7,000 crore. The company is also investing in new manufacturing facilities, including a ₹400 crore plant near Jewar Airport and a ₹50 crore facility in Hyderabad, to strengthen production capacity and support future growth.
Within Bengaluru, Bikanervala intends to further expand into major commercial and residential corridors, including HSR Layout, Indiranagar, Koramangala, Whitefield, MG Road, Kalyan Nagar, airport zones, premium shopping malls, and key IT hubs. The expansion will be supported by an enhanced delivery network and specialised catering services tailored for the city's corporate ecosystem.
Customers can also access Bikanervala's complete menu through its official online ordering platform, along with Swiggy and Zomato, offering convenient ordering, multiple payment options, and real-time delivery tracking.
With more than a century of culinary heritage, an expanding global footprint, and a growing presence in South India, Bikanervala continues to blend traditional Indian flavours with modern convenience, reinforcing its position as one of India's most trusted names in authentic vegetarian cuisine and sweets.
By Manu Vardhan Kannan
Gaur City Mall has achieved a significant milestone by consistently recording over ₹1 billion in monthly retail sales throughout FY 2025-26. The achievement comes as the mall celebrates its seventh anniversary with 'The Billion Celebration,' marking its growth journey alongside retail partners and shoppers.
Spread across 8 lakh sq. ft., Gaur City Mall is part of the larger Gaur City Township and was developed to provide residents with a convenient destination for shopping, entertainment, and lifestyle experiences. Over the years, it has grown beyond serving the local community to become a major retail and lifestyle hub for the Noida-Greater Noida region.
The milestone places Gaur City Mall among a select group of high-performing retail destinations in India, driven by strong consumer demand, a carefully curated brand mix, and consistent operational performance.
The mall currently operates at 100% occupancy and is home to more than 150 national and international brands, including Shoppers Stop, Lifestyle, Marks & Spencer, Decathlon, Adidas, Skechers, Tanishq, Kalyan Jewellers, MAX, Hamleys, PVR, Croma, and Reliance Digital, among others. Its balanced retail mix, growing footfall, and understanding of the local market have played an important role in its continued success.
Speaking on the occasion, Sarthak Gaur, Director, Gaurs Group, said, "This milestone is a testament to the integrated township vision, where retail plays a central role in enhancing everyday life. We are thankful to our brand partners and shoppers for their continued association. We also extend our gratitude to the Noida and Greater Noida administration for their consistent support in building the infrastructure backbone that enables such ecosystems to thrive."
To mark the occasion, the mall hosted 'The Billion Celebration', featuring a large-scale balloon shower and retailer recognition awards that brought together brand partners, shoppers, and stakeholders.
Building on this achievement, Gaur City Mall plans to further enhance its experiential offerings while improving retail productivity, strengthening its position as a leading retail destination in the evolving NCR market.
Published on July 21, 2026
Burger Singh, India's largest made-in-India burger chain, has announced an ambitious expansion plan for Bengaluru, aiming to increase its presence from eight operational outlets to 80. The company also plans to open 100 more outlets across Karnataka, making it the fastest city-level expansion in the brand's history.
The announcement comes as Burger Singh continues to strengthen its national footprint, which now spans more than 200 outlets across over 100 cities. Known for blending Indian flavours with the classic burger format, the brand has built a loyal customer base by offering products tailored to Indian tastes at affordable prices.
According to the company, Bengaluru has emerged as its fastest-growing market. Alongside the existing eight outlets, five more locations are currently under fit-out and are expected to open within the next month.
The city's strong response was evident during Burger Singh's Big Singh Feast campaign in November 2025, where the brand served over 3,300 free meals in a single day across Sarjapur, HSR Layout and BTM Layout. The activation attracted more than 15,000 registrations, with the company describing the turnout as comparable to blockbuster movie releases and major technology product launches.
Commenting on the expansion, Nitin Rana, Co-founder of Burger Singh, said:
"Every market teaches you something about pace, and Bengaluru has taught us to move faster than we've ever moved before. Going from 8 outlets to 80 isn't incremental growth; it's a scale-up unlike anything we've done in any other city, and we're doing it because Bengaluru has earned the speed. This is now officially our fastest-growing market in the country, and with another 100 more outlets planned across Karnataka, we're backing that momentum with real commitment, not just ambition."
As part of its expansion strategy, Burger Singh is also inviting franchise partners to join its growth journey across Bengaluru and the wider Karnataka market. The company said the initiative offers entrepreneurs an opportunity to become part of one of India's fastest-growing homegrown quick service restaurant (QSR) brands.
Customers visiting the Bengaluru outlets can continue to enjoy the brand's signature menu, featuring popular offerings such as Nikku Singh, Churmur Pandey, Udta Punjab 2.0 and Chunky Paneer Pandey, among other favourites.
With Bengaluru now leading its growth story, Burger Singh is betting on the city's strong consumer demand to drive the next phase of its expansion across southern India.
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