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The Latest Breaking News from MCD

McDonald's Earnings Preview: What to Expect

McDonald's is poised to report second-quarter earnings next month, with consensus estimates calling for modest single-digit profit growth.

MCD set to elect Standing Committee members, ward committee chiefs

MCD set to elect Standing Committee members, ward committee chiefs

Municipal Corporation of Delhi Standing Committee elections will occur Wednesday. Voting for ward committee chairpersons and deputy chairpersons also takes place. The Bharatiya Janata Party holds an advantage in the Standing Committee contest. Several ward committee outcomes may depend on Congress councillors' votes. The elections aim to restore the civic…

The Economic Times

Tahir Hussain convicted: Why was the former AAP councillor convicted in murder case of IB officer Ankit Sharma

Tahir Hussain convicted: Why was the former AAP councillor convicted in murder case of IB officer Ankit Sharma

A Delhi court convicted former AAP councillor Tahir Hussain and four others in the murder of IB officer Ankit Sharma. Sharma was killed during the 2020 northeast Delhi riots and his body was found later. The court found Hussain and others guilty of rioting and promoting enmity between communities. However,…

The Economic Times

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IB official Ankit Sharma murder case: Delhi court convicts Tahir Hussain, four others; acquits six

A Delhi court convicted former AAP councillor Tahir Hussain and four others in Ankit Sharma's murder. Ankit Sharma, an IB official, was killed during the 2020 northeast Delhi riots. Hussain and others were found guilty of rioting and unlawful assembly charges. They were acquitted of criminal conspiracy charges by the…

The Economic Times

Heavy rain inundates Delhi, disrupts traffic; AQI cleanest since 2023

Relentless monsoon rains battered Delhi, causing widespread waterlogging and traffic disruptions across the city. Several areas experienced significant inundation, with vehicles partially submerged and roads impassable for commuters. The downpour, however, led to the national capital recording its cleanest air quality since September 2023. Authorities received numerous complaints regarding waterlogging…

The Economic Times

3 dead, 5 rescued as building collapses in Delhi's Rohini

The death toll from a building collapse in Delhi's Rohini rose to three. Rescue operations concluded after pulling two more bodies from the rubble. Five individuals were successfully rescued during the extensive overnight operation. The four-storey structure collapsed Wednesday evening amid heavy rainfall. Investigations are underway to determine the exact…

The Economic Times

Regularisation fee deters Delhi's unauthorised colony residents from legalising properties

The MCD's property regularisation drive has seen minimal applications in two months. Many low-income residents find the high charges unaffordable for legalizing their homes. Officials are discussing reducing these charges with the Delhi government. There is no deadline, reducing urgency for residents to apply.

The Economic Times

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Delhi traders flag glitches in MCD's new tax portal

Delhi traders flag glitches in MCD's new tax portal

Delhi traders have urged the Municipal Corporation of Delhi to fix glitches in its new trade licence portal. They claim the system incorrectly charges General Trade Licence fees on residential parts of mixed-use properties. Traders also seek clarity on licence applicability for various businesses and demand user-friendly features like editing…

The Economic Times

This Wannabe Dividend King Had a Tough H1. Expect Some Relief in H2.

This Wannabe Dividend King Had a Tough H1. Expect Some Relief in H2.

The dividend yield of MCD stock has risen to nearly 2.8%, with McDonald's on the verge of becoming a Dividend King. While not a tempting buy, dividend investors can start accumulating shares at these levels.

McDonald's Corp Stock May Have Hit Bottom - Ways to Play MCD Stock

McDonald's Corp Stock May Have Hit Bottom - Ways to Play MCD Stock

McDonald's Corp. stock has tumbled based on fears about how gas prices have affected sales. But it may have been overdone, especially now that gas prices are falling. This article looks at ways to play MCD.

Citywide safety inspections at coaching centres; hundreds of buildings sealed: Delhi Mayor

Citywide safety inspections at coaching centres; hundreds of buildings sealed: Delhi Mayor

Following a tragic fire in Lucknow, Delhi authorities have launched a city-wide inspection of coaching centres and educational institutes. Municipal Corporation, Fire Services, and police are scrutinizing buildings for fire and building safety compliance, particularly in student hubs like Mukherjee Nagar. Hundreds of properties have already faced action, including sealing…

The Economic Times

McDonald’s Is Letting AI Take Your Orders Again. A Million Orders Later, the Results Look Promising.

McDonald’s Is Letting AI Take Your Orders Again. A Million Orders Later, the Results Look Promising.

Despite some customer pushback, McDonald's management seems adamant to implement AI in the order-taking process.

Yum! Brands Stock: Is YUM Underperforming the Consumer Cyclical Sector?

Yum! Brands Stock: Is YUM Underperforming the Consumer Cyclical Sector?

Although Yum! Brands has underperformed relative to the consumer cyclical Sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

McDonald’s Stock Could Be Bottoming, Creating a Contrarian Bet for Long-Term Investors

McDonald’s Stock Could Be Bottoming, Creating a Contrarian Bet for Long-Term Investors

McDonald’s (MCD) shares have established a firming technical floor around the $275-$280 range following a period of consolidation. The stock currently carries a 100% “Sell” overall technical opinion from Barchart. This is understandable given the stock’s fall from grace, down from the $340 area just three months ago. Technical momentum...

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The Economic Times

Supreme Court: Court appointed amicus curiae seeks direction to MCD on action taken against illegal constructions

A court-appointed amicus curiae has approached the Supreme Court for urgent intervention. This follows a building collapse in Saidulajab, Delhi, which claimed lives. The amicus seeks directions for the Municipal Corporation of Delhi to survey and act against illegal constructions. The court is also asked to direct a structural audit…

The Economic Times

Delhi hotel fire: Municipal Corporation of Delhi begins sealing 'unauthorised' establishments in Hauz Khas village, Saidulajab

The Municipal Corporation of Delhi has begun sealing unauthorised commercial establishments in South Delhi. This action follows a recent fire incident that claimed many lives. Teams are inspecting buildings for violations of building bye-laws and fire safety norms. The focus is on establishments like restaurants, guest houses and bed and…

Gen Z Trends Make These 3 Stocks Worth Watching

Teen spending habits can reveal future winners. See why Tapestry, McDonald's, and Meta Platforms are attracting Gen Z and investor interest

The Economic Times

Deadly Malviya Nagar fire triggers MCD crackdown on illegal commercial units

The Municipal Corporation of Delhi will start sealing unauthorized commercial properties in South Delhi. This action follows recent tragedies that exposed widespread violations. The drive will target structures breaking building rules and license conditions. Officials are conducting surveys to identify illegal constructions. Enforcement actions are planned across South Delhi zones.…

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The Economic Times

Saket building collapse: Municipal Corporation of Delhi drive to identify, seal illegal structures in South Delhi

Two days after a fatal building collapse in Saket, the Municipal Corporation of Delhi (MCD) is initiating a crackdown on illegal constructions in South Delhi. Officials will identify and issue notices to unauthorized buildings exceeding ground plus three floors. A seal-and-vacate drive will commence in areas like Mehrauli and Saket.

The Economic Times

Saket building collapse: Two MCD engineers suspended

Two Municipal Corporation of Delhi engineers have been suspended. This action follows the collapse of a three-storey commercial building near Saket Metro station. The incident tragically claimed four lives. Rescue operations were extensive. An inquiry has been initiated to determine the exact cause of the collapse. The building housed various…

The Economic Times

Delhi to likely get first pet park this year as city munic revives stalled project

Delhi is set to unveil its first dedicated pet park in Jangpura later this year. The Municipal Corporation of Delhi is reviving a long-pending project, now aiming for operational status within months. Fresh tenders for the facility were issued earlier this month. This comprehensive facility will offer exercise zones, grooming,…

How Is McDonald' Stock Performance Compared to Other Consumer Discretionary Stocks?

McDonald's has underperformed the broader consumer discretionary space over the past year, but analysts are fairly upbeat about its future prospects.

The Economic Times

Delhi to soon have street food hangout spots like Indore and Surat at these six locations

Delhi is set to get its first organized street food hubs, aiming to blend the city's vibrant roadside food culture with improved civic amenities. The Municipal Corporation of Delhi plans to establish these hubs with better lighting, waste management, and regulated vending spaces, drawing inspiration from similar models in other…

The Economic Times

NEET protests rock MCD House; chaos forces repeated adjournments

Delhi Municipal Corporation House meetings faced chaos. AAP and Congress councillors protested, disrupting proceedings. The NEET paper leak and issues with the BJP-led Centre were central to the demonstrations. Several agenda items were postponed due to the disruptions. The Mayor accused AAP of creating disorder. Development funds were released for…

McDonald's Is the Cheapest It’s Been in Years—Does That Make It a Buy?

McDonald’s will never be a red hot AI stock, but with shares deeply oversold and a compressed valuation, despite strong fundamentals, it still looks like a buy.

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