The Union petroleum ministry has decided to encourage the conversion of used cooking oil into bio diesel and has tied up with a private firm, Muenzer Bharat. A pilot plant for the conversion has been set up in Nerul MIDC and Union Petroleum Minister Dharmendra Pradhan will launch the project this week. Read the full article
Restaurant franchise management company Yellow Tie Hospitality Management LLP, which operates over 10 brands under exclusive licensing agreements for US-based Genuine Broaster Chicken, UK’s Wrapchic and Just Falalfel from Dubai, has acquired casual dining brand Bombay Blue from Everstone Equity-owned Blue Foods for an undisclosed amount. Read the full article
More than two-thirds of India’s top restaurants and cafe chains either saw losses widening or posted lower profit during FY18 due to the rollback of input tax credit (ITC), inflationary pressures, hyperlocal delivery services and overheads such as steep rentals. Read the full article
BMC permits 'rooftop restaurants' in Mumbai WIONFull coverage
