Becoming a multibrand restaurant operator, like Tricon Global (FORBES, Oct. 11) is an entirely unproven business model for McDonald's.
FORBES: Beyond Burgers
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The cabinet of the Congress party-led coalition agreed last week to allow foreign multibrand retailers to own up to 51% of joint ventures and open supermarkets in India.
WSJ: Hurdles Slow India Retail Plan
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Foreign investors say that while opening the "single brand" retail market to 100% foreign ownership was a positive step, allowing in "multibrand" retailers such as Wal-Mart Stores Inc.