JFC’s new outlets

KATHMANDU: Japan’s popular Toyo Karaage — Japanese Fried Chicken (JFC) — opened two new outlets at Bhatbhateni and Maharajgunj, on Saturday. JFC debuted in the country in the first week of January from Trade Tower, Thapathali of Kathmandu. The new outlets were inaugurated by Japanese Ambassador to Nepal, Masashi Ogawa, read the statement of JFC Nepal Pvt Ltd. “JFC is planning to expand 22 more outlets across the country within one-and-a-half years.” Even as it uses local chicken, JFC meets all the Japanese standards of Toyo Karaage and the sauce is being imported from Japan, as per the company. Price of fried chicken in JFC outlets starts from Rs 150 and the special pack costs Rs 850.

Videocon investment

LONDON: Videocon Industries Ltd plans to invest $2.5 billion in oil and gas ventures in Brazil over the next two to three years, the consumer electronics-to-energy group’s chief said, as part of its strategy to boost the business. A consortium that includes Videocon and Brazilian state-run oil company Petroleo Brasileiro SA earlier this year discovered new light crude oil in the Sergipe basin off Brazil’s northeast coast.

Uber wins lawsuit

TORONTO: An Ontario court on Friday rejected the city of Toronto’s request for an injunction to halt Uber’s operations in Canada’s largest city. Judge Sean Dunphy dismissed the application and said there was no evidence the company operates as a taxi broker, according to a copy of the ruling provided by Uber.