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sensex: Half of Indian fund managers' conviction ideas fail to match Sensex returns - Vimarsana News

sensex: Half of Indian fund managers' conviction ideas fail to match Sensex returns

Synopsis Analysts said V-Mart has seen a better recovery than other apparel retailers due to its focus on smaller towns and largely on high streets. Only stocks that were part of the BSE500 pack and had seen at least 500 basis points rise in MF holding over the last one year were picked for this study. NEW DELHI: Domestic fund managers raised exposure to 17 stocks for the fourth straight quarter, only to see half of them lag Sensex’s 43 per cent return for the last one year. They included Zydus Wellness, V-Mart Retail, Page Industries, Westlife Development, CCL Products (India), Fortis Heal...

Sensex gains over 250 points to reclaim Mount 50K: Key factors driving the market - Vimarsana News

Sensex gains over 250 points to reclaim Mount 50K: Key factors driving the market

Sensex gains over 250 points to reclaim Mount 50K: Key factors driving the market SECTIONS Share Synopsis A sharp spike in the volatility index VIX indicates a high level of uncertainty, and expectations of high ups and downs going forward. The S&P BSE Sensex index rose 262.63 points to touch 50,014.04 at the highest level recorded in early deals. Related NEW DELHI: Reliance Industries along with bank and financial stocks saw some buying that pushed benchmark indices higher in the morning trade on Wednesday after the US Federal Reserve reiterated its pledge to support the world's largest ec...

Fast-food chains get future-ready as curbs are fully lifted, biz recovers - Vimarsana News

Fast-food chains get future-ready as curbs are fully lifted, biz recovers

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Westlife to continue expansion, open 25-30 new McDonald's stores in 2021-22 - Vimarsana News

Westlife to continue expansion, open 25-30 new McDonald's stores in 2021-22

Westlife Development Ltd, which owns Hardcastle Restaurants, the master franchisee of McDonald's restaurants for western and southern India, expects its business to return to pre-COVID-19 level from the next quarter and continue its expansion journey by adding more stores to its network, said a company official. The company plans to open three new stores in this quarter and then resume its growth journey of adding 25-40 stores every year from the next fiscal. "If the momentum of consumer confidence continues, we will achieve and hopefully exceed pre-COVID-19 levels in the next 2-3 months,"...

Westlife to open 25-30 new McDonald's store in 2021-22 - Vimarsana News

Westlife to open 25-30 new McDonald's store in 2021-22

Westlife to open 25-30 new McDonald's store in 2021-22 SECTIONS Last Updated: Jan 31, 2021, 04:10 PM IST Share Synopsis "If the momentum of consumer confidence continues, we will achieve and hopefully exceed pre-COVID-19 levels in the next 2-3 months," Westlife Development Vice-Chairman Amit Jatia told . Agencies Currently, Westlife Development operates 304 McDonald's stores in 42 cities of the western and southern India. New Delhi: Westlife Development Ltd, which owns Hardcastle Restaurants, the master franchisee of McDonald's restaurants for western and southern India, expects its business...