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Connaught Plaza Restaurants

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Vikram Bakshi wants Rs 1,800 cr for McDonald's JV stake

Vikram Bakshi on Friday offered to sell his 50 per cent stake in Connaught Plaza Restaurants, the joint venture with McDonald's that operates fast-food restaurants in north and east India, for Rs......

McDonald's arbitration cleared by Delhi HC

On Thursday a division bench of Badar Durrez Ahmed and Sanjeev Sachdeva struck down the earlier order. Vikram Bakshi, who owns 50 per cent in Connaught Plaza Restaurants which runs the......

McDonald's-Bakshi face-off continues

The development comes in the wake of Bakshi rejecting McDonald’s previous offer of Rs 48-50 crore (Rs 480-500 million) to buy his stake. US fast food major McDonald’s, at loggerheads......

Fresh salvo in McDonald's, Bakshi ping-pong

Image: McDonald's 'Ronald McDonald' character chats with a counter staff in Tokyo, Japan. Photograph: Kim Kyung-Hoon/Reuters American fast-food chain McDonald's has offered Rs 48-50 crore (Rs......

New twist to McDonald's-Bakshi tussle

A March-end clarification by the government on a company’s ‘total share capital’, under the new Companies Act, could lead to a new twist to the tussle between McDonald’s and......
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