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 »Top shareholders of India’s Cipla looking to sell stake – report
BENGALURU, July 27 (Reuters) – Top shareholders of Indian drugmaker Cipla (CIPL.NS) are in talks to sell a part of their stake in the company to private equity players including Blackstone (BX.N) and Baring Asia, Moneycontrol reported on Thursday. The company is not aware of any event that requires disclosure …
Read More »Disney’s Hotstar India streaming service plans to limit account sharing -sources
NEW DELHI, July 27 (Reuters) – Walt Disney’s (DIS.N) India streaming service plans to start enforcing a policy of allowing its premium users to login from only four devices, an effort aimed at limiting password sharing in a key market, two sources with direct knowledge said. Disney’s plan comes just …
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