IT dept conducts searches on McDonald's franchiseThe Income Tax officials alleged that searches were carried out against the HRPL following allegations of tax evasion.
Jatia colluded with McDonald's to grab my business: Vikram BakshiAccording to Bakshi, McDonald's with which he is fighting a bitter legal battle, has favoured Westlife, despite CPRL having been a better p...
A destination wedding for Amit Jatia's son in BahrainAmit Jatia’s son Ayush & Russell Mehta’s daughter Diya’s nuptials started in Mumbai, and it concluded in a 3-day extravaganza in Manama.
Celebration time for the Mehta-Jatia families! Rosy Blue CEO's daughter and Hardcastle Restaurants MD's son to tie the knotAs the dates were not decided, the happy couple has jetted off to Switzerland.
From 25% cashless we have gone to 75% cashless: Amit Jatia, Westlife Development"As the distribution expands day in day out and as people get more sort of shift in their mindset in terms of moving cashless, I think QSRs...
Aim to develop restaurant base to 500 stores over the next 5-6 years: Amit Jatia, Westlife Development VCAmit Jatia said that the growth trajectory is returning and the company wants to develop restaurant base to 500 stores over the next 5-6 ye...
Westlife Development posts 1.7% same store sales, first positive growth since last two yearsWestlife Development Ltd (WDL), which runs the master franchisee for fast food chain McDonald's in south and west India, posted a 21% incre...
Aloo Tikki burger can take on Wendy's & Burger King: Amit Jatia, VC Westlife DevelopmentJatia says McDonald's can take on new competition with its robust volume and branding.
Hardcastle to invest Rs 850 crore to add 250 McDonald's outlets"We will invest Rs 800-850 crore in the next three to five years to open 250 outlets in the West and South regions."
McDonald's franchise owner 'buys' Napean Sea Road building for Rs 175 croreThe structure is almost a century-old and is tucked away in the tiny Darabsha lane off Napean Sea Road.
McDonald's first McCafe launched in MumbaiHardcastle Restaurants, which runs the franchise for the Western and Southern operations of McDonald's in the country, today launched its f...
McDonald’s: Vikram Bakshi fights co in CLB, Amit Jatia plans to expand franchiseAmit Jatia has said he has an excellent relationship with McDonald’s and is looking to grow the business in the western and southern parts,...
Vikram Bakshi & Amit Jatia: A tale of McDonald’s two franchise partners in IndiaA case in point was India, where it entered in 1995, with two 50:50 joint ventures, one with Bakshi and the other with Jatia.
- Westlife raises Rs 180cr via preferential issue of shares
BSE-listed Westlife Development today said it has raised Rs 180 crore through preferential issue of shares to Arisaig India Fund, following...
McDonald’s chain Hardcastle Restaurants becomes direct subsdiary of Westlife DevelopmentFor 2011-12, WDL recorded a net profit of Rs 31.40 crore on a total income of Rs 547.41 crore, riding on the strong performance of its subs...
- McDonald's India to double outlet network in 3 years
Fast food chain McDonald's India today said it plans to double the number of outlets it has in the country to 500 over the next three years.
- McDonald's inks deal with IOC to increase network
McDonald's India today said it has joined hands with Indian Oil Corporation (IOC) to increase its presence in petrol stations in West and S...