Company Overview and News
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)
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.
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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.
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)
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.
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.
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.
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.
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
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).
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).
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.
Mumbai: Westlife Development Limited, owner of the franchise of fast-food chain McDonald’s for West and South India, posted a 5.7% increase in consolidated revenue for the quarter ended March on the back of higher sales and more store openings.
The new breakfast includes Dosa Masala Brioche, Classic Scrambled and Masala Scrambled Eggs, Classic Spinach & Corn Brioche, freshly baked Waffles and Hotcakes.
2017-12-11 - Wilton
2017-12-11 - Wilton
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