MCDONALD'S CLARIFIES IT IS NOT WINDING UP ARM
Article Abstract:
McDonald of USA is shifting its operations and employees to its joint venture from its 100 percent subsidiary McDonald India. It is not closing down its subsidiary. Its subsidiary will continue to hold 50 percent stake in the joint ventures with Delhi-based Connaught Plaza Restaurants Pvt Ltd and Hard Castle Restaurants Pvt Ltd. It is likely to extend its operations to other cities later. (rk)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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MRF TO BOOST CAPACITY DESPITE RECESSION
Article Abstract:
Despite the ongoing recession in the automobile sector, MRF Ltd has decided to expand its production capacity. The additional capacity is for launching new products and for increasing exports. MRF plans to invest Rs92.76 crore in plant and machinery and Rs10 crore in land and buildings. (um)(vr)
Comment:
Despite the ongoing recession in the automobile sector, MRF Ltd has decided to expand its production capacity.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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