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Sensex ends rangebound session flat, Midcaps correct for 2nd day; Eicher dips 4%

2018-01-02 moneycontrol
Benchmark indices closed rangebound session on a flat note but the broader markets corrected further on profit booking for second consecutive session Tuesday. (48-0)

Inside the McDonald’s-Vikram Bakshi controversy

2017-12-25 livemint
New Delhi: If you live in north or east India, and have a fondness for the distinctive flavours of fast-food giant McDonald’s, it seems you’re going to have a problem. The company’s most popular desserts, the McFlurry, the McSwirl and Soft Serve, are at times unavailable in restaurants across the National Capital Region (NCR) centred on Delhi. Other popular products like wraps and burgers also drop in and out of availability.

Top buzzing midcap stocks to trade on November 16

2017-11-16 moneycontrol
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today -- CESC, 5Paisa, Suzlon Energy, Adani Enterprises, Wonderla Holidays, Automotive Axles, and Westlife Development. (1-0)

‘We do not need PE investment as we have strong cash flows’

2017-11-10 thehindubusinessline
At a time when Mc Donald’s restaurants are shutting down in North India, Amit Jatia, Vice-Chairman, Westlife Development – the master franchise of McDonald’s in the West and South – is smug after the September quarter performance, as his company reported positive sales growth for the ninth consecutive quarter. Unlike Connaught Plaza Restaurants, its counterpart in the North and East, which is facing turbulent times with an alleged breach of franchise agreement with Mc Donald’s, Westlife Development is going strong, adding 25-30 outlets in its own territories.

Westlife Development posts Rs 2.06-crore net profit in Q2

2017-11-06 business-standard
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Westlife Development Q2 profit nearly doubles to Rs2.07 crore

2017-11-06 livemint
Mumbai: Westlife Development Ltd, which operates McDonald’s restaurants in western and southern India, Monday said its net profit in the September quarter rose 190.1% from a year ago to Rs2.07 crore on higher same store sales.

Sensex at record closing high, Midcap outperforms Nifty; auto, PSU banks, IT gain

2017-11-06 moneycontrol
It was a dull day for the market on Monday as equity benchmarks ended mixed after hitting fresh record highs intraday, and following tepid global cues. Investors continued to focus on corporate earnings and crude oil price movement. (28-0)

Broker's call

2017-10-03 thehindubusinessline
Westlife Development is the Development Licensee for McDonalds’ South and West India business. The company, we believe, is well-placed to leverage the attractive Western Fast Food opportunity, which currently accounts for just about 2 per cent of India’s Informal Eating-Out market.

McDonald#39;s adds 12 new food items in south, west region

2017-09-27 moneycontrol
Fast food chain McDonald's India has introduced 12 new products across its food and beverages category at its outlets in south and west India, the owner of its master franchisee for the region Westlife Development said today.

McDonald’s India franchise Westlife Development breaks even, posts Rs22 lakh profit in Q1

2017-08-01 livemint
Westlife Development Ltd, which operates the American fast food giant McDonald’s outlets in south and west India, on Tuesday reported it had broken even after same-store sales grew 8.7% from a year earlier for the quarter ended 30 June.

Volumes jump at Aditya Birla Fashion and Retail counter

2017-07-25 indiainfoline
Supreme Industries, Hero MotoCorp, Westlife Development and HDFC are among the other stocks to see a surge in volumes on BSE today, 25 July 2017.

McDonald’s to serve food on your table in India too

2017-07-14 livemint
Besides offering table service, McDonald’s global transformation strategy includes adding self-service kiosks for ordering, mobile payments and ‘smart’ menu boards at the restaurants

McDonald#39;s has included GST in its prices, says Westlife Development

2017-07-07 moneycontrol
In an interview to CNBC-TV18, Amit Jatia, VC of Westlife Development talked about what goods and services tax (GST) mean for the burgers (McDonald's).

McDonald’s shuts 43 outlets in Delhi over licence expiry

New Delhi: In a setback to the US-based fast food chain McDonald’s, 43 of the total 55 outlets in the national capital here have been shut on failure to renew eating house licences by its North and East India licencee Connaught Plaza Restaurants Pvt Ltd (CPRL).

McDonald#39;s to shut down 43 outlets in New Delhi; cost 1,700 jobs

2017-06-29 moneycontrol
The long-standing dispute between McDonald's and Vikram Bakshi, former MD of local venture partner Connaught Plaza Restaurants (CPRL) has reached a conclusion with the CPRL board deciding to down shutters on 43 of its 55 outlets in New Delhi, in effect costing 1,700 jobs.