MARKETS

BSE Prices delayed by 5 minutes... Prices as on Mar 20, 2019   ABB India 1336.15 [ 1.50% ]ACC 1557.65 [ -0.44% ]Ambuja Cements Ltd. 227.9 [ -0.83% ]Asian Paints Ltd. 1454.95 [ 0.07% ]Axis Bank Ltd. 755.55 [ -0.72% ]Bajaj Auto Ltd. 2948.1 [ -1.08% ]Bank of Baroda 125.25 [ 0.76% ]Bharti Airtel 333.75 [ -0.86% ]Bharat Heavy Ele 68.6 [ 0.73% ]Bharat Petroleum 389.05 [ -4.56% ]Britannia Ind. 3092.1 [ -1.03% ]Cairn India Ltd. 285.4 [ 0.90% ]Cipla 533.1 [ 0.02% ]Coal India 237.2 [ -2.43% ]Colgate Palm. 1292.4 [ 0.33% ]Dabur India 426.05 [ -0.15% ]DLF Ltd. 199.3 [ 2.60% ]Dr. Reddy's Labs 2747.25 [ 1.58% ]GAIL (India) Ltd. 354.15 [ -2.32% ]Grasim Inds. 818.15 [ -0.22% ]HCL Technologies 1039.25 [ 0.45% ]HDFC 1987.15 [ 0.98% ]HDFC Bank 2299.2 [ 1.39% ]Hero MotoCorp 2612.45 [ -0.11% ]Hindustan Unilever L 1689.2 [ -0.61% ]Hindalco Indus. 206.6 [ 2.05% ]ICICI Bank 393 [ -1.29% ]IDFC L 44.45 [ -0.56% ]Indian Hotels Co 148.5 [ -0.97% ]IndusInd Bank 1714.4 [ -0.65% ]Infosys 738.5 [ 2.36% ]ITC Ltd. 298.5 [ -0.30% ]Jindal St & Pwr 164.45 [ -2.66% ]Kotak Mahindra Bank 1350.9 [ 0.20% ]L&T 1372.85 [ 1.19% ]Lupin Ltd. 752.55 [ -0.36% ]Mahi. & Mahi 679.9 [ -1.39% ]Maruti Suzuki India 6680.8 [ -2.22% ]MTNL 12.97 [ -3.06% ]Nestle India 10534.95 [ -1.33% ]NIIT Ltd. 91 [ 0.78% ]NMDC Ltd. 113.7 [ -3.60% ]NTPC 129.3 [ -4.29% ]ONGC 151.85 [ -3.28% ]Punj. NationlBak 93.55 [ 3.37% ]Power Grid Corpo 197.45 [ -0.63% ]Reliance Inds. 1375.6 [ 0.03% ]SBI 303.45 [ 0.23% ]Vedanta 174.15 [ 0.84% ]Shipping Corpn. 36.6 [ -2.79% ]Sun Pharma. 474.35 [ 1.07% ]Tata Chemicals 585.85 [ -1.02% ]Tata Global Beverage 198 [ -2.73% ]Tata Motors Ltd. 179.85 [ -1.61% ]Tata Steel 513.55 [ -2.41% ]Tata Power Co. 72 [ -1.37% ]Tata Consultancy 2015.5 [ -0.45% ]Tech Mahindra Ltd. 789.85 [ -0.59% ]UltraTech Cement 3928.85 [ -1.31% ]United Spirits 571 [ -0.76% ]Wipro Ltd 261.55 [ 1.53% ]Zee Entertainment En 443.25 [ -4.99% ]

News Details

You can view in detail.
Yellow Tie Hospitality to open 60 outlets across India by end of 2019 14/03/2019 17:37

Yellow Tie Hospitality is planning to open 60 outlets of various restaurant brands under its portfolio in India by the end of 2019, a top company official said Thursday.

Currently, the company has 50 operating outlets across over 15 cities in India.

"We plan to add 60 more operating outlets in India by the end of this year, taking our total number to 110 outlets," Yellow Tie Hospitality Founder Chief Executive Officer Karan Tanna said.

The company manages successful restaurant brands through efficient franchising management, he added.

"For the new restaurants that we will be opening this year, apart from deepening our presence in the locations we are already present, we are looking at places such as Varanasi, Udaipur, Ludhiana, Chandigarh, Bhopal, Indore, Nagpur, Nashik and Kochi, among others," Tanna said.

The company currently has 12 brands including Genuine Broaster Chicken, Dhadoom, Umraan Regional, Billboard, Wrapchic, Teddy's, Wok This Way, Just Falafel, Chachago, Twist of Tadka, BB Jaan and Bombay Blue in its portfolio under the franchise model, he added.

"Bombay Blue was recently acquired by us from Everstone Capital. We have also launched a restaurant incubation centre," Tanna said.

The company will also soon launch its new brand 'Yellow Food District' and is entering the food court management segment, especially in greenfield projects and in tier-II and tier-III cities, he added.

The first exclusive Yellow Tie branded food court will be launched in Sonipat in April, Tanna said.

The company also has a big research and development centre in Mumbai, and its focus is on standardisation of food across all the outlets, he added.

When asked about investments the company plans to make for the expansion, Tanna said: "Our investments are mainly on brand building, software, raw material supply, menu engineering, training and marketing."

Founded in 2015, Yellow Tie Hospitality is also planning to enter foreign market going forward.

LOAD MORE