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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 strikes out-of-court settlement with Vikram Bakshi

As part of the agreement, McDonald's has acquired 50 per cent voting equity shares in Connaught Plaza Restaurants, held by Bakshi and his affiliated entity since inception. US fast food chain......

McDonald's vs Vikram Bakshi: Curtain comes down on the 6-year dispute

The two parties have also approached the Delhi high court pleading that two earlier court orders be modified allowing Bakshi to sell his shares in Connaught Plaza Restaurant to McDonald's......

Ronald McDonald is smiling once again in Delhi

43 McDonald's outlets in New Delhi-National Capital Region were forced to down shutters following lapse of their eating-out or health licences in June. Eighteen outlets of fast-food major......

Fate of 169 McDonald's outlets hanging in balance

CPRL Board may meet this week to decide if the outlets in the north and east of India can be kept open till the matter is settled in courts The role of the administrator of Connaught Plaza......

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