Tag Archives: ASXPAC

McDonald’s India franchisee Westlife’s profit misses as costs mount

BENGALURU/CHENNAI, July 27 (Reuters) – Westlife Foodworld (WEST.NS) reported a smaller-than-expected rise in first-quarter profit on Thursday as higher expenses took the shine off increased sales at the operator of McDonald’s (MCD.N) restaurants in West and South India. The franchisee for the U.S. fast-food chain said consolidated net profit after …

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U.S. chipmaker AMD to invest $400 mln in India by 2028

[1/2]FILE PHOTO-A smartphone with a displayed AMD logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo GANDHINAGAR, India, July 28 (Reuters) – U.S. chipmaker Advanced Micro Devices (AMD.O) said on Friday it will invest around $400 million in India over the next …

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Vegetables in India to cost more for longer on erratic monsoon

KOLAR, India, July 28 (Reuters) – Vegetable prices in India are set to stay higher for longer, as erratic monsoon rains delayed planting and damaged ripening crops, farmers and traders said. Vegetables prices, which have a 6% weighting in the overall consumer price index (CPI), hit a seven-month high in …

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Kishan and spinners shine as India cruise to ODI win over Windies

July 27 (Reuters) – Ishan Kishan’s half-century and some excellent bowling by spinners Kuldeep Yadav and Ravindra Jadeja helped India secure a five-wicket victory over the West Indies in the first one-day international at the Kensington Oval in Barbados on Thursday. After electing to field, India dismissed the home side …

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