Brands
Deltin Star Weekend concludes on a high note!
Mumbai: Asia’s premier offshore casino, Deltin Royale, recently concluded its highly anticipated three-day ‘Deltin Star Weekend’, leaving guests in awe with a remarkable experience of entertainment and gaming. From 9 to 11 February 2024, visitors were treated to an unforgettable blend of gaming, hospitality, and live performances, truly showcasing Deltin’s commitment to excellence.
This star-studded event was made even more special with the presence of Bollywood celebrities like Shilpa Shetty and Tamannaah Bhatia, who added an extra touch of glamour to the festivities. Guests also enjoyed a captivating performance by the renowned music-composer duo, Salim-Sulaiman, who ensured everyone had a memorable time.
The ‘Deltin Star Weekend’ was a testament to Deltin’s dedication to providing extraordinary experiences to its patrons. On the successful culmination of the event, Delta Corp COO Manoj Jain shared his thoughts, stating, “We are thrilled to have hosted such an extraordinary gathering at Deltin Royale. The presence of renowned celebrities added a unique charm to the event, making it an unforgettable experience for everyone in attendance. Deltin remains steadfast in its mission to be a beam of entertainment excellence and unparalleled hospitality offerings. Continuing the celebrations of 10 years of Deltin Royale, we are committed to offer even more unforgettable experiences to our guests from across the nation throughout this year.”
Goa remains one of the favorite destinations for vacation in India. It’s known for its beautiful beaches, bohemian vibes and unique casino experience. The guests experienced a unique blend of luxury gaming, live entertainment and hospitality at the Deltin Star Weekend. The event demonstrated skills and exhibited a thriving competitive ambiance for players who won 60 lakhs worth of playing coupons, i-phones, gold coins, apple watches and a lots more at this signature event. The event seamlessly blended the thrill of gaming with the allure of celebrity appearances, creating an ambiance that resonated with excitement.
Brands
Devyani International Ltd plans three-subsidiary merger to streamline operations
QSR operator moves to streamline structure and unlock operational synergies
Devyani International is tightening its corporate kitchen. The quick-service restaurant operator has approved a scheme to merge three subsidiaries—Sky Gate Hospitality, Blackvelvet Hospitality and Say Chefs Eatery—into the parent company in a bid to simplify its structure and sharpen operational efficiency.
The decision was cleared at a board meeting on March 10 and disclosed in a regulatory filing to the stock exchanges. The merger will take effect from April 1, 2025, subject to statutory approvals.
All three transferor companies are direct or indirect wholly owned subsidiaries, meaning no fresh shares will be issued and the shareholding pattern of Devyani International will remain unchanged once the scheme is completed.
The subsidiaries together operate more than 100 outlets—including dine-in restaurants and cloud kitchens, spread across over 40 cities such as Delhi NCR, Mumbai, Kolkata and Bengaluru.
Devyani International, the largest franchisee of Yum Brands in India, said the consolidation is aimed at generating operational synergies, optimising resource utilisation and reducing layers within the corporate structure.
Financially, the move brings together businesses of varying scale. As of March 31, 2025, Devyani International reported a net worth of Rs 10,381.02 million and turnover of Rs 33,493.33 million. Sky Gate Hospitality posted a net worth of Rs 761.14 million with turnover of Rs 2,657.57 million, while Blackvelvet Hospitality and Say Chefs Eatery reported smaller operations and negative net worth.
The merger will consolidate these operations under a single corporate umbrella as the company sharpens its focus on scale and efficiency.
Devyani International currently runs more than 2,000 outlets across over 280 cities in India, Nigeria, Nepal and Thailand. Its portfolio includes franchise rights for brands such as Pizza Hut, KFC, Costa Coffee, Tea Live, New York Fries and Sanook Kitchen, alongside its own food brands.
With the paperwork underway and approvals pending, Devyani is essentially clearing the corporate clutter—turning three subsidiaries into one tighter, leaner operation. In the QSR world, even the back office needs a spring clean.
