The Nepal digest Information about Nepal and India, tibet and more CHENNAI, India, July 26 (Reuters) – A Foxconn (2317.TW) subsidiary is in talks with India’s Tamil Nadu state to invest up to $200 million to build a new plant for electronic components in the southern region, two sources with direct knowledge told Reuters on Wednesday. Brand Cheng, CEO of Foxconn …
Read More »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 …
Read More »Harley-Davidson CEO says India model pre-orders ‘exceeding expectations’
July 27 (Reuters) – Harley-Davidson (HOG.N) said on Thursday that pre-orders were “exceeding expectations” for a new model the U.S. big-bike maker launched this month in India in partnership with a local manufacturer. Harley and British rival Triumph have unveiled their cheapest models globally in India, the largest motorbike market …
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