Sahara to open one lakh franchise outlets pan-India

Sahara India Pariwar is set to open one lakh consumer merchandise franchise retail outlets across the country within the next couple of years. The outlets will be opened in stages starting from Rajasthan by March this year, and expand the network to Uttar Pradesh, Bihar and Jharkhand by June-July. The entire retail network across the country is slated to become operational by March next year, according to Subrata Roy, chairman of the group. more...

Jubilant FoodWorks' Q3 net up 55% at Rs 29 crore

Jubilant FoodWorks Limited (JFL) that operates Domino's pizza chain in India has posted 55.51 per cent jump in its net profit for the third quarter ended December 31, 2011 at Rs 29.47 crore compared to the same period last fiscal, boosted mainly by good sales. The company's net profit during the three months ended December 31, 2010 was Rs 18.95 crore, it said in a statement. more...