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McDonald’s in legal tangle in India

Bloomberg McDonald’s Corp. has a problem in India and its rivals are loving it. Even as the world’s largest restaurant chain tries to woo Indian stomachs with such menu items as the McAloo Tikki (a potato and pea patty on a bun), a legal dispute with a key franchisee partner has hampered its expansion. Shares of India’s Domino’s Pizza operator ...

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Sri Lanka to ‘redouble’ efforts on China, India free trade agreements

Bloomberg Sri Lanka will “redouble” efforts to strike a free trade deal with China and conclude and expanded trade pact with India as part of the island nation’s strategy of becoming an Indian Ocean hub for investors and multinationals, the country’s top diplomat says. Colombo inked a comprehensive free trade deal with Singapore in January and now has the bandwidth ...

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Pace of India road awards may set $15 billion record

Bloomberg India has awarded road contracts at a “breakneck pace” in 2018, raising the prospect that orders will reach a record this financial year, according to IIFL Wealth Management Ltd., the nation’s largest money manager for the rich by assets. Orders from the National Highway Authority of India (NHAI) may cross $15.3 billion in the 12 months through March, climbing ...

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