Brands
Hettich unveils ‘world of magic’ with innovative sliding solutions for modern interiors
MUMBAI: Hettich, a global leader in furniture fittings, continues to set benchmarks with its innovative German designs. Known for creating magical interior solutions, the brand transforms homes with fittings that blend aesthetics, functionality, and comfort. Among its most celebrated innovations are sliding systems, valued for their space-saving benefits, seamless usability, versatility, and elegant appeal.
Hettich offers a comprehensive range of sliding solutions, including top-running and bottom-running systems, room dividers, folding systems, special sliding applications, and thoughtfully designed wardrobe accessories, ensuring there is a solution for every design requirement. These products redefine convenience while elevating the style and efficiency of interiors.
Hettich’s excellence is recognized globally, with its sliding solutions receiving accolades such as the ‘Red dot design award’, ‘Good design award,’ and ‘if design award’: testaments to their appeal among customers and experts alike.
Hettich India, Saarc, Middle East & Africa, managing director, Andre Eckholt said, “At Hettich, we believe in creating magical interior solutions that go beyond functionality to truly transform spaces. Our award-winning sliding systems bring smooth, silent, and seamless experiences to every home. With our latest campaign, we aim to showcase the magic of sliding systems and how they can redefine modern interiors.”
Hettich invites customers to experience its innovative sliding solutions first-hand at Hettich experience centres and exclusive stores.
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.
