The ever-astute Ravi Matthai, Director of Indian Institute of Management, Ahmedabad in 1971, offered me a basic salary of Rs 1,000 per month on my return from the United States. I doubt if IIMA could hire a faculty member at Rs 55,000 per month today! points out Dr Shreekant Sambrani.
After trial runs in a few Mumbai and Delhi restaurants, McDonald's has taken over two years to formally launch the breakfast category, which both the chain and analysts call a challenging segment to be in, given the Indian habit of having breakfast at home.
McDonald's is adopting differential pricing, new formats and designs to stay relevant to customers who are spoilt for choice.
The world's largest burger chain, McDonald's, has had a smooth run in India till now. But Burger King, one of its biggest rivals, could be looking to eat away at its headstart.
McDonald's, the fast food giant accused by nutritionists of contributing to obesity, has announced that it will put nutrition information on the packaging of most menu items starting early next year.
McDonald's is expected to draw profits from the Indian quarter from next fiscal.
McDonald's said on Friday it has signed an agreement with Hindustan Petroleum Corporation Ltd to open restaurants at the latter's retail outlets in Kolkata and Delhi.
Bakshi said the attempt by McDonald's to terminate its agreement with him was illegal and not binding and would have no bearing on the shareholding pattern (the partners hold 50 per cent each), board composition (both sides have two nominees) or the working of the company.
The year 2021 could turn out to be India's year of IPO with the domestic unicorns through their public issues setting "domestic stock markets on fire and global investors in a frenzy", an RBI article said on Tuesday. The successful Initial Public Offerings (IPOs) by new age companies in the recent months are a reflection of bullishness about Indian technology, it said. "...growth impulse is igniting financial markets. 2021 could well turn out to be India's year of the IPO.
Is India really one of the cheapest nations to live in?
The Indian rupee is the world's most undervalued currency, finds The Economist's latest Big Mac Index.
When Amit Jatia, vice-chairman of Westlife Development (WLDL), which operates fast-food chain McDonald's in West and South India, wanted to become the American fast-food giant's local partner in 1995, he had to first convince his family he would remain a staunch vegetarian. As McDonald's - home of the iconic Big Mac - completes 25 years in India, being one of the largest operators in the quick-service restaurant (QSR) segment in the country with over 300 outlets, Jatia has held on to the promise he made to his family. Not one to sit back and watch anyone flip the Big Mac, he gets straight to the meat of the matter when he says McDonald's success menu will see the QSR expand its ever-hungry 'foodprint' by doubling the number of joints and increasing its average unit volume by 35-40 per cent in five years.
Indian rupee is the world's most undervalued currency, says The Economist.
One needs to sweat it out for 59 minutes to earn Rs 59 to buy a large-sized 'Big Mac' burger from the McDonald's outlet in Delhi, a latest study says.
Argentineans pay almost double of Indians to buy the tablet.
The fast-food giant is building drive-through restaurants in China and selling curry dishes in India to get a bigger share of the Asian market.
Venezuela's worst recession has led to shocking prices as people continue to face acute shortage of basic commodities.
Three own goals were scored as Napoli's spectacularly inconsistent season continued with a 4-2 defeat at Empoli on Thursday.
Draxler makes PSG debut as holders advance into French Cup last 32
In his petition to the Company Law Board filed on September 9, Bakshi said McDonald's began 'arm-twisting' him to sell his entire shareholding in Connaught Plaza Restaurants, the equal joint venture between him and McDonald's since 2008, at an 'undervalued' price of $5 million, later raised to $7 million.
United States President Donald Trump has said that he will have a "very, very great relationship" with his Chinese counterpart Xi Jinping as the two leaders met in the Florida resort of Mar-a-Lago for the first time.
RB Leipzig continued their remarkable first season in the Bundesliga when they brushed aside Mainz 05 3-1, their fifth win in a row, to go level on points with leaders Bayern Munich on Sunday.
Trump aides, who participated in the two-day talks held at the US President's Mar-a-Lago resort in Florida, described the meetings as productive and said the two leaders exhibited "positive" chemistry.
Photos from the Wimbledon matches on Day 1
Is Devyani Khobragade's arrest connected to India detaining an anti-piracy ship owned by a US security firm, asks Colonel Anil A Athale (retd).
Rajeev Srinivasan on how Indians are satisfied with illusions, not reality.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances