The service tax increase to 14% from 12.36% will marginally impact a host of categories including eating out, grooming, movies, phone bills and grocery shopping.
Marquee shopping malls in India are making their old anchor tenants move to smaller spaces to make way for new global entrants such as H&M and Gap in a bid to revive footfalls.
India, the diabetes capital of the world, has been witnessing consumers getting health conscious and even the government considering banning junk food in schools.
"Kara has a strong recall in its segment" and the acquisition will help the Future Group more than it creating a new brand altogether, said Abneesh Roy.
The company, which opened its first store in India two years ago, plans to have about 200 branded stores in the next 3-5 years from 30 stores at present.
Point-of-sale device providers believe that this is a wave that will help offline retailers be at par with the online ones.
According to a Euromonitor report released last month, average unit price of chocolates rose by 9 per cent mainly due to premiumisation.
McDonald's has rolled out an all-grilled product breakfast option, adding egg burgers and selling ice-creams with less than 3 per cent fat.
The plan will essentially have details on new segments, expansion strategy into international markets and how to scale up its dairy business.
Bhelpuri beats burgers just as comprehensively as farsan beats fries. Haldiram’s revenues are more than the combined revenue of Domino’s and McDonald’s.
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