Saturday, Feb 16 2019 | Time 22:03 Hrs(IST)
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  • Not just India, global community must declare Pak a 'terrorist state' : Ram Madhav
  • PM to arrive tomorrow on a day visit to Bihar
  • Pulwama attack: Omar Abdullah calls on Rajnath Singh, seeks safety of Kashmiris
  • India raises basic customs duty to 200 pc on goods exported from Pakistan
  • With moist eyes and proud hearts, Madhya Pradesh lays a martyr son to rest
  • Over 20 people may be under rubble after building collapse in St Petersburg- Authorities
  • Last rites of two martyred CRPF jawan performed in Bihar
  • India raises basic customs duty to 200 pc on goods exported from Pakistan
  • Operation against IS in Syria's Baghouz village nearing end - SDF
  • Farooq chaired NC meet, condemns Pulwama terror attack, calls for peace
  • Pulwama attack: Nation bids teary-eyed adieu to bravehearts
  • Terrorism should be condemned in the strongest of terms: Mamata
  • Vande Bharat express geared up for its commercial run on Sunday
  • Pulwana attack: Rajnath holds high level meeting to review security situation
  • Jitendra calls on J&K Guv to discuss Jammu situation
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Eighty global retail brands across verticals to enter India in 2018 with Franglobal

New Delhi, June 23 (UNI) Franchise India hosted their 6th annual Master Franchise Show’18 on Saturday co-organised by WIB (World Iconic Brands) and Franglobal, a statement said.
“Over 80 global retail brands across varied verticals marked their presence in the same. These brands have partnered with Franglobal and eye an investment of about USD 100 million in next 5 years,” the release stated.

Global brands such Magnolia Bakeries, Café Ritazza, The Cheese cake shop, Tutor Doctor , Architects of Skin, Wrap it up !, Ice Cream Labs, TruGym, Millies Cookies and many more tapping almost all sectors like Education, Food & Beverage, Specialty Retail, Fashion & Lifestyle, Health & Wellness, Real Estate were part of the show. Combined, they are expected to open 500-600 outlets in the country in the next few years.
Korres, Lush Addiction, Melting Pot are some of the names that made their entry to the Indian market last year with the 5th edition of this show.

“We are very excited to bring forth the 6th edition of our ever successful Master Franshise Show. We are overwhelmed to see participation from over 8- global brands this year. The current demographic metamorphosis in India has led to a consumption boom, as there is now an identifiable section of the population with high disposable incomes, evolving lifestyles and an appetite for western merchandise. Out of all F&B sector is increasing with 25% year on year basis which I believe is a good percentage and going to dominate the market this year as well. Apart from a majority of F&B brands signed with us we also have premium retail, education and wellness brands joining hands with us,” says Gaurav Marya, Chairman, Franchise India.

“Before entering any new market we look at it from many angles such as-- Is the brand recognition high, are we able to service the market properly and do we have the bandwidth to take it on, are there quality operators that we can work with and can we meet the challenges of the particular market. Once we establish this criteria and are comfortable we start to look for the right partners helping in expansion, we have partnered with Franglobal/Franchise India for our brand, also keeping in mind the current Indian Market we felt that this is the right time to enter the Market,” said Steve Abrams, CEO, Magnolia Bakery.

“We are very excited to expand our brand in the Indian Market. India poses an incredible opportunity with affordable housing and increased consumer demand; I believe with the changes and reforms that the Indian government is bringing in, there is a huge scope in the times to come.
“With high purchasing power, continuously rising population, increasing nuclear families and rapid urbanisation, the housing sector in India is anticipated to record a strong growth in the coming years.
The real estate sector in India is likely to reach a market size of $180 billion by 2020. Realopedia will link and build business networks for a global real estate audience and supports professionals at a most affordable price by providing investors the opportunity to source trusted brokers and properties. The Indian market fits perfectly well in our expansion plans, being an important element for the globalization of the real estate market working alongside NAR India,” said Laura Choueri, Founder & CEO Realopedia

“Happy to be in India, We are looking to expand our model here. We would first like to attract marketing and sales channels in India, may be though a master license. Also retail investors are happily invited to invest in BDX. BDX is the coin of coins offering white label services to ICO’s. Only asset based ICO’s. In return BDX holders will profit from Dividends paid by white labels partners” – said Dennis Vitz, Co Founder, BDX.

The franchise industry is growing at a rate of 30-35% per annum and the sales turnover of the sector was recently valued at over USD 7 billion which has incited growth within the franchising sector. All the brands entering India will be expanding through Franchise Model.
UNI DJK ADG 1734
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Indian Bank revises interest rate on domestic term deposits

16 Feb 2019 | 7:35 PM

Chennai, Feb 16 (UNI) Chennai headquartered Indian Bank announces upward revision in interest rate on Domestic Term deposits by 50 bps to 90 bps for amount less than A1 crore across various tenors viz.

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Indian Bank revises interest rate on Domestic Term Deposits

16 Feb 2019 | 7:30 PM

Chennai, Feb 16(UNI) Chennai headquartered Indian Bank announces upward revision in interest rate on Domestic Term deposits by 50 bps to 90 bps for amount less than A1 crore across various tenors viz.

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Germany's Steinbeis signs various MoUs for Technology Transfer in India

16 Feb 2019 | 5:55 PM

(Rptg, correcting headline)
New Delhi, Feb 16 (UNI) With an aim to implement the German model of Innovation and technology
transfer and help the MSME sector grow in India, Steinbeis Centre for Technology Transfer, Germany signed MoUs with UKSDM (Uttarakhand Skill Development Mission) for setting up Dual TVET Studies Centre in
Uttarakhand, a statement here said.

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Deepak Nitrite Limited reports growth of 22 pc in Q3 FY19

16 Feb 2019 | 5:21 PM

New Delhi, Feb 16 (UNI) Deepak Nitrite Limited has reported a growth of 21.

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Reliance Foundation reaches out to families of Pulwama CRPF martyrs

Reliance Foundation reaches out to families of Pulwama CRPF martyrs

16 Feb 2019 | 4:28 PM

Mumbai/New Delhi, Feb 16 (UNI) The Reliance Foundation on Saturday expressed its readiness to assume full responsibility of the education and employment of the children and the livelihood of families of the Pulwama martyrs.

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