Brands
Big Fm turns up the volume with 9 new stations, now India’s No.1 network
MUMBAI: Radio just got a little louder and a lot bigger. Big Fm, which has long been a household name for music and entertainment, has officially tuned itself into the country’s largest single-brand radio network with a whopping 67 stations. The milestone comes with the addition of nine new stations across Punjab, Haryana, Uttar Pradesh, and Uttarakhand, set to go live in the next 6–9 months.
This expansion amplifies BIG’s dominance in the Hindi heartland, taking its tally to 34 stations across Northern and Central India, where it already enjoys market leadership and hyperlocal clout.
Sapphire Media Limited chairman Sahil Mangla said the achievement is both a win and a weight: “Becoming India’s largest radio network is an achievement, but also a responsibility. With Big Live and Big Ooh already launched, we’re looking forward to shaping the future of audio entertainment with original content, tech and AI integration.”
Echoing the sentiment, CEO Sunil Kumaran noted that Big’s philosophy of “Dhun Badal Ke Toh Dekho” continues to guide its growth. “With new stations, we’re not just expanding coverage but also building stronger teams, creating content that clicks with diverse communities, and opening fresh opportunities for advertisers,” he said.
With radio listenership still strong across India’s metros and smaller towns, Big Fm’s expansion ensures it doesn’t just play the hits, it stays in tune with the cultural pulse of the nation.
Brands
Dunkin’ Donuts to exit India as Jubilant FoodWorks ends 15-year franchise deal
The quick service restaurant giant is ending a 15-year franchise partnership with the American doughnut chain, even as it renews its Domino’s agreement for another 15 years
NOIDA: Dunkin’ is done in India. Jubilant FoodWorks Ltd, the country’s leading quick service restaurant operator, has decided not to renew its franchise agreement with the American coffee and doughnut chain, and will wind down its Indian stores in a phased manner before December 31, 2026, bringing a 15-year partnership to a quiet, loss-laden close.
The decision, approved by JFL’s board on March 30, 2026, ends a relationship that began with a Multiple Unit Development Franchise Agreement signed on February 24, 2011. JFL will now evaluate and undertake what it described in a regulatory filing as the “rationalisation and/or cessation of certain operations and/or sale, transfer or disposal of assets and/or assignment or transfer of franchise rights,” all in consultation with Dunkin’s brand owners and strictly within the terms of the original agreement.
The numbers tell the story bluntly. In the financial year 2024-25, Dunkin’ India posted a revenue of Rs 37 crore against a loss of Rs 19 crore — a haemorrhage that was always going to test the patience of a parent company recording revenues of Rs 6,104 crore and a profit of Rs 194 crore in the same period. Doughnuts, it turns out, were never going to move the needle.
The contrast with JFL’s handling of its other marquee franchise could hardly be sharper. Even as it walks away from Dunkin’, the company has just doubled down on Domino’s, signing a fresh Master Franchise Agreement on March 31, 2026, granting it exclusive rights to develop and operate Domino’s Pizza stores in India for 15 years, with an option to renew for a further 10.
JFL, incorporated in 1995 and promoted by the Bharatia family, operates a network of more than 3,500 stores across six markets — India, Turkey, Bangladesh, Sri Lanka, Azerbaijan and Georgia. Its portfolio includes Domino’s and Popeyes on the global side, and two home-grown brands: Hong’s Kitchen and COFFY, a café brand in Turkey.
For Dunkin’, India was always a stretch. The brand never quite cracked the cultural code in a market where filter coffee and chai command fierce loyalty and where the doughnut remains, at best, an occasional indulgence rather than a daily habit. Fifteen years, mounting losses and a parent with better things to spend its capital on was always going to be a difficult equation to solve.
The doughnut has had its last day. The pizza, however, is staying.
