Skip to content
Search

Latest Stories

Mukesh Ambani, Isha Ambani bring renowned British restaurant chain Pret A Manger to India

Mukesh Ambani, Isha Ambani bring renowned British restaurant chain Pret A Manger to India

Reliance, led by Mukesh Ambani and his daughter Isha Ambani Piramal, has introduced the renowned British restaurant chain, Pret A Manger, to India, aiming to compete with Starbucks India, led by Ratan Tata.

Through a multi-crore deal, Reliance has secured an exclusive partnership with Pret A Manger, the well-known UK-based coffee and sandwich chain.


The first Pret A Manger store in India was recently inaugurated as a result of this collaboration.

The collaboration between Pret A Manger and Reliance was facilitated by Reliance Retail, owned by Isha Ambani, and Reliance Brands.

As part of the agreement, plans are underway to establish 12 Pret A Manger restaurants in India, including Delhi and Bengaluru.

The decision to introduce Pret A Manger in India stems from the popularity of tea and coffee shops among the country's youth.

Reliance Retail, helmed by Mukesh and Isha Ambani, seeks to make a noteworthy impact on the Indian food and beverage industry by introducing this esteemed foreign brand.

The first Pret A Manger store opened at Mumbai's Bandra-Kurla Complex.

Darshan Mehta, the managing director of Reliance Brands, underscores the importance of using fresh ingredients, maintaining recipe authenticity, and adopting transparent food production practices to pique the curiosity of Indian consumers.

With approximately 550 stores spread globally, Pret A Manger is renowned for its wide selection of organic coffee, cookies, salads, and sandwiches.

More For You

Air India eyes Boeing jets rejected by Chinese airlines: report

Tata-owned Air India is interested in purchasing jets that Chinese carriers can no longer accept (Photo credit: Air India)

Air India eyes Boeing jets rejected by Chinese airlines: report

AIR INDIA is seeking to acquire Boeing aircrafts originally destined for Chinese airlines, as escalating tariffs between Washington and Beijing disrupt planned deliveries, reported The Times.

The Tata-owned airline, currently working on its revival strategy, is interested in purchasing jets that Chinese carriers can no longer accept due to the recent trade dispute. According to reports, Tata is also keen to secure future delivery slots should they become available.

Keep ReadingShow less
Infosys forecasts lower annual growth after Trump tariffs cause global uncertainty

The IT service firm said its revenue would either stay flat or grow by up to three per cent

Getty Images

Infosys forecasts lower annual growth after Trump tariffs cause global uncertainty

INDIAN tech giant Infosys forecast muted annual revenue growth last Thursday (17) in an outlook that suggests clients might curtail tech spending because of growing global uncertainty.

The IT service firm said its revenue would either stay flat or grow by up to three per cent in the fiscal year through March 2026 on a constant currency basis. The sales forecast was lower than the 4.2 per cent constantcurrency revenue growth Infosys recorded in the previous financial year.

Keep ReadingShow less
UK retailers

For many retailers, this has meant closing stores, cutting jobs, and focusing on more profitable business segments

Getty

6 UK retailers facing major store closures in 2025

In 2025, several UK retailers are experiencing major store closures as they struggle to navigate financial pressures, rising operational costs, and changing consumer behaviours. These closures reflect the ongoing challenges faced by traditional brick-and-mortar stores in an increasingly digital world. While some closures are part of larger restructuring efforts, others have been driven by financial instability or market shifts that have forced retailers to rethink their business strategies. Let’s take a closer look at six major UK retailers affected by these trends.

1. Morrisons

Morrisons, one of the UK's largest supermarket chains, is undergoing a significant restructuring in 2025. The company has announced the closure of several in-store services, including 52 cafés, 18 Market Kitchens, 17 convenience stores, and various other departments. This move is part of a larger strategy to streamline operations and address rising costs. Morrisons’ parent company, CD&R, has been focusing on reducing overheads and refocusing on core services.

Keep ReadingShow less
Starmer Trump

The UK is seeking an agreement with the US to remove Trump’s 10 per cent general tariff on goods and the 25 per cent tariff on steel and cars.

Getty Images

Industry warns Starmer: Strike deal with US or face factory job losses

FACTORY owners could begin laying off workers within months unless prime minister Keir Starmer secures a trade agreement with US president Donald Trump, MPs have been told.

Make UK, an industry lobby group, told the business and trade select committee that tariffs on British exports were reducing demand for UK-manufactured goods.

Keep ReadingShow less
British Steel halts layoffs after government rescue plan

Chancellor Rachel Reeves in the rail and sections hot end rolling mill during her visit to the British Steel site on April 17, 2025 in Scunthorpe, England. (Photo by Danny Lawson - WPA Pool/Getty Images)

British Steel halts layoffs after government rescue plan

BRITISH STEEL announced on Tuesday (22) it has halted plans to lay off thousands of workers after the government secured the raw materials necessary to keep the country's last steelmaking blast furnaces running.

The future of the plant was thrown into jeopardy in March when its Chinese owners Jingye said it was no longer financially viable to keep the blast furnaces burning, putting 2,700 jobs at risk.

Keep ReadingShow less