US-based McDonalds will set up 40 outlets ever year through its two equal joint ventures in the country -- Connaught Plaza Restaurant and Hardcastle Restaurants.
The company is also toying with the idea of introducing its small format store concept for walk-in crowds in the Indian market.
Marketing departments should be managed more like sports teams.
The company has established a subsidiary Jyothy Fabricare Services Ltd for the purpose, its Deputy Managing Director Ullas Kamath told reporters in Bangalore on Tuesday. It would provide premium service through Fabric Spa in June. To begin with, the venture would comprise one main service station, five quick service stations and 25 collection and delivery stations here, he said.
A company executive said a recently opened museum at Rashtrapati Bhawan was the trigger for getting a restaurant in the complex as visitors come from far-flung places
Or it could lose you one, says Samali Basu Guha.
Given the school break, this is the peak travel season and companies catering to the 'friends and family' segment are expected to gain.
Mumbai's Charcoal Eats is giving biryani a fast food makeover. Charcoal Eats has recently raised Rs 50 million in pre-series A funding, taking its total capital raised in 30 months to Rs 120 million.
The retailer is also planning to set up destination areas on major highways of India, which will be a combination of retail and entertainment.
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.
Analysts say aggressive pricing by Pizza Hut signals weakening demand in the fast food segment and could intensify competition.
Paytm recently partnered with 1,000 educational institutions over admission fee payment through the app.
KFC opened doors to its first restaurant in Mariplex, Kalyani Nagar, in Pune on April 10.
I-T dept launches Tatkal system for those who desire to help the victims of the earthquake in Nepal.
Veer Arjun Singh visits the eatery that began as a teenager's humble push cart and only 4 kinds of eggs.
IMAGES from matches on Day 10 at the French Open at Roland Garros
Faced with a clutter of coffee houses and cafes that also serve the brew, the chain that has 119 stores in seven cities in India is looking at ways to differentiate its brand from the rest.
Reddi has so far made 10 investments in the US.
With two top exits and uncertainty on growth strategy, Jubilant is likely to remain under pressure
Excise duty hike for cigarettes could be lower.
After electronics and fashion, the next retail segment is food business.
After 11 years at the helm of Jubilant, Ajay Kaul, the 'nuts and bolts' executive, called it a day amid speculation that his expansionist strategy was not clicking, says Viveat Susan Pinto.
Yum reduced the number of restaurants in India by 14 in the September quarter from the preceding quarter to 811.
Sahara group, whose legal battle with Sebi continues in Supreme Court over refund of over Rs 20,000 crore (Rs 200 billion) to investors, has made a surprise announcement of plans being afoot to hire over 56,000 new employees this year along with investments to the tune of nearly Rs 32,400 crore (Rs 324 billion).
At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
Come May, the Deltin Royale, which boasts of the country's largest poker room, will play host to India's first Poker Sports League.
The Matunga restaurant, known for its cleanliness and quick services, was established by Gopal Purshottam Kamath.
Think organic food, affordable homes, artificial intelligence, suggests Prof Manmeet Barve.
Savji Dholakia, the diamond magnate who sent away his son to gain a 'hands-on' life experience, likes to do things the hard way.
The Whopper creater has most of its burgers priced at par with McDonald's.
.jpg)
He started a fund with Rs 800 crore and made several investments.
.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.
He has drawn fresh strategies to take his businesses to the next level.
'I have seen in action six prime ministers and ten chief ministers, considered stalwarts in their days, and it is the first time, in all my experience, that a prime minister has gone into such great detail, laying down even the standards of cleanliness that should be maintained in all offices,' says B S Raghavan, former chief secretary, West Bengal.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances