Fast food chain KFC has announced plans to expand its operations in India and the reopening of a restaurant in New Delhi after almost a decade
Kiran Chaube
Feb. 16, 2006

KFCs presence in New Delhi ''will be an important step'' in extending its presence.

It is a further sign of inetrnational businesses recognizing India as a major hub.

According to media release, The company is investing around 55,000 usd in opening the restaurant in New Delhi, and similar amounts on 14 other outlets around the country.

"This year KFC plans to expand its presence... at an unprecedented pace. We should have 25 restaurants (through franchises and self-owned restaurants) by end 2006 versus the 11 we had last year," Kohli said.

China and India are working toward membership in an international body set up to combat money laundering
Media Release
China and India are working toward membership in an international body set up to combat money laundering, but Myanmar and Nigeria remain on a list of uncooperative countries, the chair of the body said....
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What right has India to fight for Mittal? Mittal is not Indian - his company is not Indian either
Sonia Chopra
It is the biggest joke of the year as Indian businesses and Government gang up to fight for Mittal.....
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Fast food chain KFC has announced plans to expand its operations in India and the reopening of a restaurant in New Delhi after almost a decade
Kiran Chaube
KFCs presence in New Delhi 'will be an important step' in extending its presence
READ MORE>>

George Bush is right - it is time for India and China to deal fairly with America in trade
Sudhir Chadda
America can compete anywhere anytime in a fair game. But what India and China are doing is just taking advantage of American innocence in international trade.
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It is time for America to act - China will not revalue the yuan but will adjust interest rates to keep a gap with the United States in order to curtail yuan speculation
Media Release
Wu said the stability of the exchange rate and interest rate is critical for financial security.
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Increasing protectionist rhetoric from the U.S. Congress is 'a worrying development': World Trade Organization
Babu Ghanta
Pascal Lamy, head of the World Trade Organization (WTO), said it is understandable that the United States' increasing trade deficit is creating anxieties...
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Mittal hits a hard rock again - Taiwan's China Steel Corp.has rejected a takeover offer by Mittal Steel Co., the world's largest steelmaker
Special Correspondent
The spokesman said Mittal Steel made the offer through an investment bank to purchase privatized China Steel, which is 23.3 per cent owned by the state....
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Reserve Bank of India (RBI) has allowed banks to tap NRI deposits at the international benchmark of the London Interbank Offered Rate (Libor), now at 4.5 per cent
Special Correspondent
With hike in deposit rate for expatriats, RBI has reversed the trend of fall in NRI deposits and ensured that banks have additional funds to lend to needy sector of the economy.
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