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Vikram Bakshirsquo

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Vikram Bakshi gets one last chance to settle Hudco dues

Hudco had in 2006 given a loan of Rs 62.38 crore to Bakshi’s private venture, Ascot Hotels and Resorts, for a commercial project in Noida. The loan, however, turned NPA in 2011.An appellate......

McDonald's, Indian partner begin fresh war

Vikram Bakshi says the 169 stores will remain open, McDonald’s says it will take steps to enforce termination. A furious war of words has begun again between estranged joint venture partners......

South and West are lovin' it but McDonald's faces test in North and East

McDonald’s problems couldn’t have surfaced at a worse time. Cut-throat competition, rapid expansion and a slowdown in consumer spending in the wake of demonetisation have seriously......

Can McDonald's get the love back in north and east?

While consumers may have ignored the legal battles plaguing the franchise in north and east India, closure of restaurants is not something they are likely to ignore. IMAGE: A McDonald's outlet,......

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......

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