Nov 16, 2017 12:07 PM IST
Earlier this month, Goods and Services Tax (GST) rates on restaurants had been reduced to 5 percent from 18 percent. However, Westlife Development is in focus essentially because McDonalds has hiked base prices to keep the overall prices same. CNBC-TV18 spoke to Amit Jatia, Vice-Chairman of Westlife Development to know more.
- Nov 06, 2017 03:55 PM IST
Westlife Development reported a strong set of earnings. CNBC-TV18’s Priya Sheth caught up with Amit Jatia, Vice-Chairman of the company and asked him about his Q2 earnings.
- Jul 14, 2017 07:46 PM IST
The National Company Law Tribunal (NCLT) has reinstated Vikram Bakshi as the Managing Director of Connaught Plaza Restaurants (CPRL) - an equal joint venture between Bakshi and McDonald's that operates the fast food chain in north and east India.
- Jul 07, 2017 09:39 AM IST
In an interview to CNBC-TV18, Amit Jatia, VC of Westlife Development talked about what goods and services tax (GST) mean for the burgers (McDonald's).
- Mar 28, 2017 03:43 PM IST
Over the next 2-3 years, the breakfast will be the key driver of growth for Mc Donald’s, said Amit Jatia of Westlife Development.
- Jan 16, 2017 01:24 PM IST
Speaking to CNBC-TV18, Amit Jatia, Vice Chairman of Westlife Development, the fast food chain's master franchisee, said prices would increase 3-5 percent this year but would remain affordable.
- Nov 02, 2016 12:35 PM IST
Westlife Development envisages doubling the number of restaurants by 2022 and plans investment of Rs 150-200 crore every year on it, says Vice Chairman Amit Jatia.
- Sep 23, 2016 10:55 AM IST
Speaking to CNBC-TV18 Amit Jatia of Westlife Development, owners of McDonald‘s, said that same-store sales for McDonald‘s is positive in the quarter gone by.
- Jun 29, 2016 04:36 PM IST
In an interview with CNBC-TV18, Amit Jatia said that 24x7 stores have worked well for McDonald‘s globally and the same can be expected in India after the implementation of the Model Shop Act.
- May 06, 2016 04:32 PM IST
In the fourth quarter of FY16, Westlife Development saw an 8.4 percent rise in the same- store sales quarter-on-quarter, compared to 3.1 percent. Jatia attributed this to the launch of the new Maharaja Mac and McCafe.
- Mar 23, 2016 10:07 AM IST
Anjan Chatterjee, founder and MD of Speciality Restaurants says the fourth quarter so far is panning out to be flattish since discretionary spends are not very encouraging
- Sep 14, 2015 03:23 PM IST
The company‘s has committed massive capex plans which will be funded via cash, debt and internal accruals, said Amit Jatia, Vice Chairman, Westlife Development.