US-based foods chain Dunkin' Donuts has come to India just a few months ahead of the arrival of its global archrival Starbucks, by launching its first store in the national capital on Tuesday. Starbucks is expected to launch in September this year.
US Secretary of State John Kerry visited the Dunkin' Donuts store in Islamabad in the Pakistani capital today to a get a 'little slice' of the popular American breakfast snack, and was soon trolling on Twitter.
Hitesh Harisinghani and Abhishek Mande check out the American food chain's first outlet in India. Photos: Hitesh Harisinghani.
Most chains saw a fall in same-store sales in the December-ended quarter, but that hasn't affected their expansion plans.
Glimpses from the Federation of Indian Associations' Indian Independence Day parade in Manhattan on Sunday, August 21, 2022.
The cumulative rise this financial year will be 6-6.5 per cent.
Jubilant Foodworks, the master franchisee for Dunkin' in India, has tweaked the business model of the company based in the northeastern US state of Massachusetts, opting to position it more as a food service brand than a coffee player.
Ranbir Singh Shergill, 18, was arrested this weekend and has been ordered held.
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.
Vijay Shekhar Sharma, head of Paytm, says they'd achieve their 500-million user target by 2018, two years before the earlier aim.
With two top exits and uncertainty on growth strategy, Jubilant is likely to remain under pressure
However, international fast-food chains have had to change this business model completely, to adapt to Indian preferences.
Benchmark indices finished higher on hopes of economic reforms
It is advisable to stick to mid-caps with sustainable financial metrics rather than those offering the promise of faster growth.
'When I went home to Sweden after Bigg Boss, people recognised me. They were following the show!' 'In New York, they were calling out my name on the streets!'
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.
The Whopper creater has most of its burgers priced at par with McDonald's.
'This is a US-India effort and it is not necessarily to counterweight anyone.'
P Rajendran looks back on the 11 plus years he worked with Arthur J Pais, the India Abroad and Rediff.com editor, who passed into the ages on January 8.
Robbed of prey as people fled, Omar Perez came marching back and shot bullet after bullet into Prudhvi Raj Kandepi's head, thus ensuring that a man he had never met before, known nothing of, would never get up again.
There's more to this country than just the Northern Lights.
Two of the greatest modern exponents of yoga began their life in Mysore, under the tutelage of the legendary Krishnamacharya. For both of them, life was yoga. And yoga was life, says Sunaad Raghuram.
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