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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
After half a decade of uncertainty, McDonald’s can finally have its way in India. What will it do?
It was one of those unprecedented contests.
The suitors came one after the other. Every month, a new name came up in the race for the franchise rights of McDonald’s for half of India. Diversified businesses like Bird Group, the travel, hospitality and retail conglomerate, and the RP-Sanjiv Goenka group, which has a presence in industries from power to entertainment. Fast-food giants like Jubilant Foodworks, which runs Domino’s and Dunkin Donuts in India, and Westlife Development, the local partner of McDonald’s itself for south and west India.
But McDonald’s, one of the world’s largest fast-food restaurant chains, took its …
Vish Narain of Pulsar Capital on spotting real synergies between India and the Gulf, and why many entrepreneurs read the market wrong.
The restaurant chain operator has decided not to renew its franchise agreement for the coffee and donut chain in India. This was a long time coming, and it’s only good news for Jubilant and its shareholders.
There is a slowdown in transaction volumes and analysts are projecting a decline in future prices. But nobody is anticipating any crashes yet.
