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Shopping Centre turnaround stories of the year
With the advent of online shopping and the decline of large department stores, many traditional malls across the country face extinction. At the same time, as towns and regions grapple with how to spark long-term economic growth, new thinking...
Retail
Global Retailers in India: Moves, leaps & hurdles
India’s enchantment with foreign brands is no secret but the wheel has now turned to a full circle. Today, it’s the foreign brands that are chasing the Indian consumers. India is poised to become the third largest consumer economy...
Food
Increased investments in India’s dairy sector is driving competition
Dairy is witnessing consistent growth in the consumption of value-added products such as flavoured milk drinks, lassi, curd and yoghurt. The Indian dairy market, though dominated by cooperatives, is also witnessing increased interest from financial institutions as an investment...
Food
McDonald’s eyes 5-8 percent revenue from ‘rice’ category
Hardcastle Restaurants, the master franchisee of McDonald’s in west and south India, launched ‘rice’ as one of its key categories and is looking to garner 5-8 percent of its revenues from this over the next three to four years,...
Food
Hardcastle Restaurants to invest up to Rs 1,000 cr to revamp McDonald’s offerings
Hardcastle Restaurants, the master franchisee of fast food chain McDonald’s in west and south India, plans to invest Rs 800 crore to Rs 1,000 crore over the next three years to introduce healthier food options and digitise its stores.According...
Food
Westlife Development posts Q3 net profit at Rs 7.75 cr
Westlife Development Ltd, which owns the master franchisee of McDonald's outlets in west and south India, has reported a net profit of Rs 7.75 crore for the quarter ended December 2017.According to a PTI report: The company had posted...
Food
McDonald’s plea against NCLT show cause premature, observes HC
The Delhi High Court today said that a plea by McDonald's against a show cause notice issued to the fast-food major by the National Company Law Tribunal on a contempt plea filed by its estranged Indian partner Vikram Bakshi...
Food
McDonald’s challenges HC order on NCLT show-cause notice
Fast-food major McDonald's today moved the Delhi High Court against its single judge's order dismissing the company's plea challenging a show-cause notice issued to it by the National Company Law Tribunal (NCLT) on a contempt plea filed by its...
Food
McDonald’s joint venture company opposes its plea in Delhi High Court
Connaught Plaza Restaurants Pvt Ltd (CPRPL), a McDonald's franchisee, told the Delhi High Court that the US fast-food giant's plea to stop it from using the brand name was an abuse of the process of law.According to a PTI...
Food
NCLT direct McDonald’s to reply show cause notice for contempt
The National Company Law Tribunal (NCLT) has directed the US-based McDonald's Corp to submit a reply to the show cause notice issued by it over a contempt plea filed by the fast food chain's estranged joint-venture partner Vikram Bakshi.A...
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H&M Home debuts in Mumbai
The newly launched H&M store spans nearly 40,000 sq. ft. and is located at Phoenix Marketcity Mall in Kurla,...
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