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The Latest Breaking News from MCD

Earnings, PMI and Other Key Things to Watch this Week

Markets enter an earnings-dominated week with a huge concentration of corporate results spanning technology, industrials, healthcare, consumer discretionary, and entertainment sectors. This will provide a critical assessment of economic health and corporate fundamentals amid persistent uncertainty about technology sector valuations and AI infrastructure spending.

Delhi Police owns the stone-laden truck after NL report. But their lawyer linked it to protesters in HC

Delhi Police owns the stone-laden truck after NL report. But their lawyer linked it to protesters in HC

After a Newslaundry investigation, Delhi Police have confirmed that the stone-laden truck seen near Jantar Mantar on the morning of the July 20 march was in their custody – a vehicle they had seized after a road accident and then moved. But in the court, the lawyer representing the police…

Why McDonald’s (MCD) Stock Options May Be Offering Value-Meal Pricing

Why McDonald’s (MCD) Stock Options May Be Offering Value-Meal Pricing

Relative to the historical risk that traders have faced under similar circumstances that McDonald’s currently finds itself, MCD stock could be favorably mispriced.

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Saket building collapse: Inquiry finds Municipal Corporation of Delhi responsible, fabricated records to mislead probe

A magisterial probe found the MCD primarily responsible for the Saket building collapse. The civic body failed to enforce building bylaws, leading to the preventable disaster. Unauthorised structural additions and inadequate enforcement caused the building's collapse, killing six people. The report also stated MCD fabricated records to mislead the inquiry…

The Economic Times

McDonald’s Just Hit a New 52-Week Low. Don’t Buy the Dip Until After August 4.

MCD fell to a 52-week low near $264, down 23% from March highs, ahead of Aug. 4 earnings. Valuation looks cheaper, but FCF yield still falls short of GARP standards. Better to wait for post-earnings clarity before buying the dip.

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

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

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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

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

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

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

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

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

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.

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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.

The Economic Times

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…

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?

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.

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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...

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.…

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…

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