India : Franchise Herald

India

India

Xiaomi Partners With Foxconn to Produce Phones In India to Bolster Strength In Second Biggest Smartphone Market

Chinese phone maker Xiaomi Inc has entered into a partnership with Taiwan's Foxconn Technology Group to open a manufacturing facility in India in a bid to further strengthen its position in one of the leading smart phone markets in the world.

New Delhi Bans Uber Following Rape Case

New Delhi bans the future operations of Uber after a woman's rape allegations against one the company's drivers.

The famous California-Based food chain closes an agreement with Cybiz Bright Start Restaurants Private Limited

CKE Restaurants Holdings, Inc., the mother company of Carl's Jr. and Hardee's, closed a development deal with one of CybizCorps company, BrightStar Restaurants Private Limited in India.

The famous vegetarian fast food chain, Lord of the Fries

The famous vegetarian fast food chain, Lord of the Fries, closed an expansion agreement on putting up 50 more units in India in the next decade to come, or perhaps it can happen earlier.

Mumbai and Delhi are the target locations of the first stores in 2015.

Gap Inc. expressed its plan to improve its global presence by putting up stores in India through franchising.

Nokia Slapped with a $400 Million Tax Bill in India

Indian tax authorities have asked Nokia to cough up $400 million as sales tax, alleging phones meant for export were sold within the country.

Britain's Tesco Seals Joint Venture with Tata in India

Britain's Tesco (TSCO.L) has sealed a joint venture agreement with a unit of India's Tata Group that will see it invest $140 million and become the first foreign supermarket to enter the country's $500 billion pounds retail sector.

Dunkin Donuts Adds Menu Items For Younger Crowds At India Locations

Dunkin Donuts in India are expanding with new menu items, and renovations to cater to younger crowds.

Food prices drive up Indian inflation, strengthening rate hike view

Inflation in India unexpectedly hit a seven-month high in September as food prices climbed, increasing the odds for yet another central bank interest rate hike even as the economy stumbles through its worst crisis since 1991.

Wal-Mart Buys Out Indian Retailer Bharti Enterprises

After six years, Wal-Mart is buying out Bharti Enterprises leaving the world's largest retailer without a partner to help establish supermarkets in the country

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