#franchise
RCB Sold to Aditya Birla Group-Led Consortium for Record Rs 16,660 Crore
In a groundbreaking transaction that highlights the soaring valuation of Indian cricket, the Royal Challengers Bengaluru (RCB), reigning IPL champions, have been sold to a consortium led by Aditya Birla Group (ABG) for a record Rs 16,660 crore (USD 1.78 billion). This historic deal is the most expensive franchise acquisition in the history of the Indian Premier League (IPL). The consortium, which is spearheaded by ABG’s Kumar Mangalam Birla, also includes The Times of India Group
RCB Sold to Aditya Birla Group-Led Consortium for Record Rs 16,660 Crore
In a groundbreaking transaction that highlights the soaring valuation of Indian cricket, the Royal Challengers Bengaluru (RCB), reigning IPL champions, have been sold to a consortium led by Aditya Birla Group (ABG) for a record Rs 16,660 crore (USD 1.78 billion). This historic deal is the most expensive franchise acquisition in the history of the Indian Premier League (IPL). The consortium, which is spearheaded by ABG’s Kumar Mangalam Birla, also includes The Times of India Group
Indian Food Franchising in the US: A Growing Goldmine
Over the past decade, Indian cuisine has become increasingly popular across the United States. Driven by changing tastes, a growing South Asian population, and increasing awareness of diverse food cultures, Indian food franchising is now emerging as a lucrative business opportunity. Entrepreneurs, especially those from the Indian diaspora, are tapping into this market, setting up food franchises that range from quick-service restaurants (QSRs) to fine-dining ch
Indian Food Franchising in the US: A Growing Goldmine
Over the past decade, Indian cuisine has become increasingly popular across the United States. Driven by changing tastes, a growing South Asian population, and increasing awareness of diverse food cultures, Indian food franchising is now emerging as a lucrative business opportunity. Entrepreneurs, especially those from the Indian diaspora, are tapping into this market, setting up food franchises that range from quick-service restaurants (QSRs) to fine-dining ch
Subway falls below 20,000 US locations for the first time in two decades
Subway, one of America's most recognized fast food franchises, has seen its number of US locations drop below 20,000 for the first time in over 20 years. In 2024 alone, the chain shuttered 631 restaurants, reducing its US footprint to 19,502 outlets. This marks the eighth consecutive year that Subway has scaled back its presence in its home country. Despite this consistent decline, Subway still holds the distinction of being the largest restaurant chain in the United States by number of loca
Subway falls below 20,000 US locations for the first time in two decades
Subway, one of America's most recognized fast food franchises, has seen its number of US locations drop below 20,000 for the first time in over 20 years. In 2024 alone, the chain shuttered 631 restaurants, reducing its US footprint to 19,502 outlets. This marks the eighth consecutive year that Subway has scaled back its presence in its home country. Despite this consistent decline, Subway still holds the distinction of being the largest restaurant chain in the United States by number of loca









