The Delhi High Court has directed the MCD to take immediate action to improve the condition of five schools under its jurisdiction, following a report that highlighted several shortcomings including broken furniture, teacher shortages, and flooding in classrooms. The court ordered the supply of desks and chairs, the provision of uniforms by August 15th, and a visit by the MCD Director of Education to the schools to assess the situation and implement remedial measures.
Results for: MCD
BTIG maintains its Neutral rating on McDonald’s (MCD) after conducting franchise checks. Traffic remains weak despite discounts, with softness persisting into spring. BTIG expects traffic to remain challenged in the first half of 2024, leading to reduced comparable sales estimates and limited earnings upside.