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Pizza Hut Marks India As Its Key Market For Growth Pizza Hut, a division of US-based Yum! Brands Inc, is betting big on India which has been identified by the fast food chain as one of the key markets for its future global growth. The company, which opened its 9,000th restaurant outside the US in Mumbai, has already lined up plans to double its outlets in India to over 700 over the next five years. Pizza Hut International President Milind Pant said “Pizza Hut is in 105 countries across the world and we choose India for celebrating this milestone because it is one of the key countries for accelerating the global growth. India now has five consecutive quarters of same store sales growth and it's on cusp of accelerating growth. It's always been a big potential market for us. Pizza Hut, which opens a new store every 18 hours, has a global network of 16,500 stores. The 9,000th store outside the US is operated by Sapphire Foods. Presently, Yum! Brands has over 3...

IFC Invests $15 Million In CleanMax Solar International Finance Corporation (IFC) has invested $15mn as its first equity investment globally in grid-connected distributed generation an equity investment in CleanMax Solar. This investment is in conjunction with the $100mn investment made by Warburg Pincus, a global private equity fund, in CleanMax earlier this year. Kuldeep Jain, Founder and Managing Director of CleanMax Solar commented, “IFC is a global leader in clean energy investment, and CleanMax is honored to be their first investment globally in grid connected distributed generation. We welcome IFC’s best in class environmental, health and safety, and governance guidelines”. Hyun-Chan Cho, Regional Industry Head, Infrastructure & Natural Resources, IFC, said, “IFC sees distributed generation segment playing a very important role in India’s future energy mix. The government of India has also laid strong emphasis on this segment. In a short span of tim...

Unilever Expects Higher Growth In Personal Care Business Shortly Unilever, the maker of Dove soap and Ben & Jerry’s ice cream, is expecting its personal care business to return to growth above 4% soon, having slowed down recently. Alan Jope, head of the unit that includes Dove soap and Sunsilk shampoo, said he was not satisfied with its 2.4% growth in the year so far, but he was "determined and confident" there would be a rebound. He declined to mention exactly when that would happen. Jope spoke at an investor meet at the company's New Jersey office that was simultaneously broadcast over the internet. Since rebuffing an unexpected $143 bn takeover offer in February from Kraft-Heinz, Unilever has been under pressure to prove it can quickly deliver comparable returns as a standalone company. The lower growth of global market, weakness in two big countries - Indonesia and Brazil and increased competition from local rivals, such as Patanjal...

Opportunity To Be A Part Of Legacy Of Arvind Mills Arvind Mills incorporated in year 1931 became one of the most profitable mills of India in 1934. India’s first denim brand Flying Machine was launched by Arvind mills in 1980. From work wear to ceremonial wear or evening wear, anything made in Arvind has its own distinct character; this is a result of 86 years of craftsmanship and unique ideas that go into the product. In 1993 it launched Arrow, and in 1995 it launched Ruf-n-Tuf & Magamart. It came into suiting fabric business in 2008 and before this it sets up India’s largest integrated facility for shirting & bottoms. Arvind Store was launched in 2010 and till now in 2017 there are 190 stores across 120 locations in India. So, for them who are looking to make a mark in the fashion retail business, Arvind mills is looking for a franchisee who can invest up to INR 40-50 Lacs and is inclined towards long term benefits.