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.
Default in payment of royalties to McDonald's India for nearly two years was the key reason behind the fast-food chain's decision to terminate franchise agreement
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
McDonald's problems couldn't have surfaced at a worse time. Cut-throat competition, rapid expansion and a slowdown in consumer spending in the wake of demonetisation have seriously dented the overall quick-service restaurant business.
Who rocked the sari style best in the British Raj? Sukanya Verma asks you to take a poll.
.jpg)
The war of words that has broken out between Vikram Bakshi and McDonald's Corporation is the latest in the long list of ugly spats between Indian businessmen and their overseas collaborators.
Most business groups in India, including Godrejs, Tatas and Mahindras, have seen patience tested in JVs, with some of them winding up quickly
Many believe Kishore Kumar serenaded the ladies better than any other iconic playback singer.
The arbitration clause is present in almost 95 per cent of corporate agreements, according to tax and audit firm Ernst & Young.
For all those auto enthusiasts who thought Mahindra have only been manufacturing Jeeps and trucks in the '90s, Timeless Mahindra offers plenty of interesting surprises, discovers Rajesh Kareka/Rediff.com.
It is not easy for an FMCG brand to make a comeback if it has been out of consumer's reckoning for some time. Moreover, a protracted battle between the owners and then closure of a large number of outlets at one go might have sent some very negative signals to many, says Sneha Bhattacharjee.
Neeraj Pandey's Aiyaary is the sort of spy fantasy story that drunks narrate in bars, says Sreehari Nair.
The dry spell at the box office continues.
The state government, however, said the transfer was not connected to the raids on hotels at MadhIsland and Aksa beach in which nearly 61 people were arrested and booked for "indecency in public" on August 6.
Given the controversy over Uttar Pradesh's population control moves, Hemant Shivsaran/Rediff.com digs deep to find out how many children BJP MLAs in UP have.
Bombay Velvet was Bollywood's biggest flop this year.
Small-town India shines right through in these movie gems.
Horror, drama, romance and action... it's all on your plate this year!
A Death in the Gunj is not a happy film at all times, but it is very entertaining says Aseem Chhabra.
Know what Judi Dench said when Ali Fazal sent her mangoes?
The West Bengal government has tied up with the Indian Institute of Management, Calcutta, to launch a reality show, Egiye Bangla.
These fresh new faces, waiting in the wings for their big Bollywood debuts, will take your breath away!
Aseem Chhabra picks the finest Indian films in the 2010-2019 decade.
When TV stars take on the big screen...
Aseem Chhabra's take on the highlights of Indian cinema this year.
One mega success and the industry would be knocking on his door, camps be damned.
Rifleman Aurangzeb, who belonged to the 44 Rashtriya Rifles, was on way back home on June 14 to celebrate Eid when terrorists abducted him.
'Khaike Paan Banarasiwala doesn't sound like a Hindi song,' Kishore Kumar said. 'I don't think I can sing this song.' We pleaded with him. Finally, he relented on one condition...
'Pakistan thinks it is winning this low intensity conflict.' 'It is a serious observation. Half the battle is convincing your adversary that he cannot make headway.' 'A lot depends on how the internal professional management of the army and the handling of situations that are bound to rise sooner than later in his command, are done.'
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances