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| McDonald's Indian franchisee Hardcastle to merge with listed parent | REUTERS | |
MUMBAI, Dec 7 (Reuters) - Hardcastle Restaurants, master franchisee for south and west India operations of burger chain McDonald's Corp, said it will merge with its parent Westlife Development Ltd. After the merger, the parent plans to increase McDonald's retail footprint to strengthen its presence in the existing market and enter newer ones, Amit Jatia, vice-chairman of Westlife Development, said in a statement on Friday. Hardcastle will become a wholly owned unit of Bombay Stock Exchange-listed Westlife, giving investors a chance to participate in the growth of McDonald's in India. Hardcastle, which operates 148 restaurants in India, has been growing at a compounded annual growth rate of 22.3 percent over the last three years. Shares of Westlife, an illiquid stock, ended up 2 percent on the BSE on Friday. |
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| Domestic Market Reports | |
| US STOCKS-Wall St extends rise, investors see no change in Fed policy | 19 Jun, 2013 |
| US STOCKS SNAPSHOT-Wall St advances for 2nd day; Fed in focus | 19 Jun, 2013 |
| US STOCKS SNAPSHOT - Nasdaq rises more than 1 pct | 19 Jun, 2013 |
| US STOCKS SNAPSHOT-Wall St extends gains; Dow up more than 1 pct | 19 Jun, 2013 |
| US STOCKS-Wall St rises on hopes of Fed status quo | 19 Jun, 2013 |
| US STOCKS-Wall St rises before Fed meeting to consider stimulus | 19 Jun, 2013 |
| European shares pause, awaiting stimulus clues from Fed | 19 Jun, 2013 |
| European shares pause, awaiting stimulus clues from Fed | 19 Jun, 2013 |
| US STOCKS-Wall Street little changed ahead of Fed meeting | 19 Jun, 2013 |
| US STOCKS SNAPSHOT - Wall St edges up at open ahead of Fed meeting | 19 Jun, 2013 |
| International Market Reports | |
| Sebi to mull FII route overhaul on June 25 | 19 Jun, 2013 |
| Nikkei swoons as investors cut hedges against weaker yen | 19 Jun, 2013 |
| Nikkei sinks 844 points to lowest close since April 3 | 19 Jun, 2013 |
| Nikkei falls more than 700 points, at over 2-month low | 19 Jun, 2013 |
| Asian shares sag to 2013 lows on Fed stimulus jitters | 19 Jun, 2013 |
| Fed stimulus jitters drive Asian shares to 2013 lows | 19 Jun, 2013 |
| Hunch about Bloomberg brought rivals together | 19 Jun, 2013 |
| Investment Focus - Sell emerging markets in May, and maybe June and July too | 19 Jun, 2013 |
| Goldman unveils checks on conflicts in bid to fix image | 19 Jun, 2013 |
| Nikkei hits fresh 5-1/2-year high on BOJ optimism, Sony soars | 19 Jun, 2013 |
| Top Movers | ||
| BSE - Jun 19, 3:25 PM | A B1 B2 | |
| Company Name | Current |
Change % |
| Indian Hotels C | 50.30 |
4.03
|
| Mahanagar Telep | 19.05 |
3.81
|
| Escorts Ltd. | 73.95 |
3.57
|
| Titan Industrie | 231.70 |
3.48
|
| Bpl Ltd. | 12.75 |
3.24
|
| Click here for more | ||
| Top Movers | ||
| NSE - Jun 19, 3:19 PM | ||
| Company Name | Current |
Change % |
| Kohinoor Foods | 38.00 |
13.77
|
| Premier Ltd. | 66.50 |
13.68
|
| Jindal Photo Lt | 89.30 |
13.32
|
| Kilitch Drugs(I | 24.35 |
10.68
|
| Jindal Poly Fil | 164.55 |
10.18
|
| Click here for more | ||
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| Worst Shakers | ||
| BSE - Jun 19, 3:25 PM | A B1 B2 | |
| Company Name | Current | Change % |
| Indian Oil Corp | 240.30 |
3.24
|
| Apollo Tyres Lt | 60.70 |
3.04
|
| GlaxoSmithkline | 5704.10 |
2.10
|
| Crompton Greave | 85.00 |
1.68
|
| Dr. Reddy's Lab | 2099.90 |
1.51
|
| Click here for more | ||
| Worst Shakers | ||
| NSE - Jun 19, 3:19 PM | ||
| Company Name | Current |
Change % |
| Savera Industri | 38.35 |
6.69
|
| Emkay Global Fi | 13.95 |
6.69
|
| Orient Green Po | 11.25 |
5.06
|
| Welspun Project | 17.10 |
5.00
|
| Ramco Systems L | 79.50 |
4.96
|
| Click here for more | ||
| Top Volume | ||
| BSE - Jun 19, 3:19 PM | A B1 B2 | |
| Code | Current |
Volume |
| Reliance Commun | 126.95 |
10948588
|
| Development Cre | 50.80 |
10756593
|
| Unitech Ltd. | 22.25 |
2390135
|
| Reliance Power | 67.40 |
2168450
|
| Housing Develop | 38.50 |
2016666
|
| Click here for more | ||
| Top Volume | ||
| NSE - Jun 19, 3:19 PM | ||
Code |
Current |
Change |
| Reliance Commun | 127.35 |
41784509
|
| Unitech Ltd. | 22.25 |
21952822
|
| Jaiprakash Asso | 63.40 |
11534149
|
| Apollo Tyres Lt | 60.95 |
10260749
|
| Idea Cellular L | 147.95 |
9936538
|
| Click here for more | ||
