Currently, out of the 400 stores that the brand operates, 30 per cent are company-owned and the remaining 70 per cent are run by franchise partners. However, going ahead, it plans to take this ratio to 50:50.
Slowdown in revenue growth for Indian tech shares threatens stock surge. Profit estimates for Indian companies are moderating, with growth at 17.7%. Infosys and Tata Consultancy Services to report slow sales growth. Reduced spending and slower revenue conversion are likely to dent investor optimism. Weakness in the services industry can impact the broader economy.
Tech's Growth Woes Pose a Risk to India Stocks' Sizzling Rally bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.