After more than 2 decades,McDonalds marks its first profit in India

After entering India more than two decades ago, burger and fries chain McDonald’s posted its first profit during year-to-March 2018 amid a long-drawn legal dispute with one of its key licensee partners. The local unit of Chicago-headquartered fast food giant…

Modi government plans equity infusion in Air India. Shouldn’t the airline be shut down instead?

With the plans to privatise Air India having failed, the government has put up a proposal for approval of an equity investment of Rs 2,300 crore (US$ 330 million) in the struggling airline. The government had offered Air India for…