Billionaire investor Warren Buffett’sBerkshire Hathaway wants a big scoop of India’s consumption story. Berkshire-owned Dairy Queen (DQ), an international soft-serve ice cream and frozen food retailer, is holding talks with Reliance Retail for joint venture in India, said multiple sources directly aware of the matter.
A potential deal could also see the Mukesh Ambani firm making a big move into the quick service restaurant business, as DQ operates close to 6,000 outlets worldwide selling grilled products like burgers and hot dogs