When Amit Jatia, vice-chairman of Westlife Development (WLDL), which operates fast-food chain McDonald's in West and South India, wanted to become the American fast-food giant's local partner in 1995, he had to first convince his family he would remain a staunch vegetarian. As McDonald's - home of the iconic Big Mac - completes 25 years in India, being one of the largest operators in the quick-service restaurant (QSR) segment in the country with over 300 outlets, Jatia has held on to the promise he made to his family. Not one to sit back and watch anyone flip the Big Mac, he gets straight to the meat of the matter when he says McDonald's success menu will see the QSR expand its ever-hungry 'foodprint' by doubling the number of joints and increasing its average unit volume by 35-40 per cent in five years.
The company said that Steve Easterbrook had "violated company policy and demonstrated poor judgement involving in a recent consensual relationship with an employee".
And it was only understandable that Australia's assistant coach Andrew McDonald felt for the spectators.
McDonald's, official restaurant sponsor for the FIFA World Cup 2006, will kick start its in-store football promotion for kids Foosball Freekick from June 6.
McDonald's India, with an eye to expand in East, may open restaurants at Hindustan Petroleum Corporation Ltd (HPCL) outlets in Kolkata during the year.
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.
Vikram Bakshi, who controls 50% in JV and was MD, weighs legal options
After consolidating its position in India since it opened its first store in 1996, McDonald's India is all set to make net profit this year and has lined up investments to the tune of Rs 400 crore (Rs 4 billion) for expansion in new cities.
In the latest initiative, the US food giant has roped in popular Indian cartoon character Chhota Bheem to sell various items through its retail outlets in India.
The company is in the process of filing an appeal against the order, Zomato said in a regulatory filing.
On August 30, McDonald's had announced in a public notice that Bakshi would no longer be the India MD and the JV would be run by the board.
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The war of words that has broken out between Vikram Bakshi and McDonald's Corporation is the latest in the long list of ugly spats between Indian businessmen and their overseas collaborators.
Scott McDonald was one of three players cut from Australia's preliminary World Cup squad by coach Pim Verbeek on Tuesday.
Vikram Bakshi, the estranged partner of fast-food chain McDonald's, will seek reinstatement as managing director of the 50:50 joint venture Connaught Plaza Restaurants, with a plea to the Company Law Board seeking the 'deadlock' in the August 6 board meeting be resolved.
Amit Jatia, managing director, McDonald's India, (west & south) in an interview with Deepa Menon speaks about the company as well as its future plans in India.
Pacer Doug Bollinger and all-rounder Andrew McDonald will make their Test debut as Australia on Friday named one of its most inexperienced teams in decades for the third and final Test match against an unchanged South Africa, starting in Sydney on Saturday. Along with 27-year-old Mitchell Johnson and Peter Siddle, 24, McDonald and Bollinger will make up one of the youngest and the most inexperienced Australian pace attack.
US-based McDonalds will set up 40 outlets ever year through its two equal joint ventures in the country -- Connaught Plaza Restaurant and Hardcastle Restaurants.
Default in payment of royalties to McDonald's India for nearly two years was the key reason behind the fast-food chain's decision to terminate franchise agreement
With an aim of wooing young customers in India, fast food chain McDonald's is getting into the digital domain by launching applications for mobile phones and computers which will enable visitors at its outlets witness illusion of menu on offer.
The fast-food giant is building drive-through restaurants in China and selling curry dishes in India to get a bigger share of the Asian market.
Food service retailer McDonald's said on Wednesday that it would open 14 restaurants this year with an investment of Rs 40 crore (Rs 400 million) and enter two more cities.
The war of words that has broken out between Vikram Bakshi and McDonald's Corporation is the latest in the long list of ugly spats between Indian businessmen and their overseas collaborators.
McDonald's has argued that the dispute with its Indian joint venture partner Vikram Bakshi should be referred to arbitration as per the clauses of their agreement.
The beleaguered visitors have inducted Victoria all-rounder Andrew McDonald and New South Wales fast bowler Burt Cockley to prop the depleted side in the remainder of ther seven-match series against India.
Amazon.com founder Jeff Bezos, American comedian Jay Leno and the CEO of McDonald's Corporation Jack Skinner all started their career from McDonalds. Prakash Iyer, MD, Kimberly-Clark Lever and Executive Coach tells us what we can learn from each of their lives about career success.
Oil content in mayonnaise slashed by 40 per cent, milk used in ice-creams 96 per cent fat-free, all wraps made of whole grain.
Fast food chain McDonald's India is planning to continue with its expansion and will open 40 more restaurants across the country during 2009-10.
Images from Day 3 of the 2023 Australian Open at Melbourne Park on Wednesday.
Fast-food chain McDonald's India said on Tuesday it plans to open 180-190 company-owned restaurants by 2015 with an estimated investment of up to Rs 570 crore (Rs 5.7 billion). "We have 157 restaurants now and we plan to open 180-190 company-owned restaurants by 2015, including between 30 to 40 this year," McDonald's India managing director Amit Jatia said in Mumbai.
The United States has paused a proposed USD 14 billion arms sale to Taiwan due to concerns about maintaining sufficient munitions for potential conflicts, particularly in light of the ongoing situation with Iran.
Kids don't just ask for food from McDonald's, they actually believe that the chicken nugget they think is from McDonald's tastes better than an identical, unbranded nugget
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