Food chain rejects Bakshi's offer of Rs 1,800-cr for stake; CLB gives it till Nov 25 to make a counter-offer.
'We need to raise the costs and consequences for Pakistan. It is long overdue. Our initial surgical strike was effective for about six months. Then, the Balakot strike provided a deterrent for perhaps two to three years. But we cannot operate under the assumption that such limited responses will suffice for decades to come.'
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.
Ram Madhvani's series is all over the place and also boring to watch, complains Deepa Gahlot.
The Central Reserve Police Force (CRPF) has been awarded the highest number of police gallantry medals, 21, including two Shaurya Chakras, on the eve of Republic Day. A total of 95 bravery medals were awarded to personnel from state and central police forces, fire service, home guard, civil defence, and correctional services. The CRPF's medals included 11 for operations in Jammu and Kashmir, seven for anti-Maoist operations, and one for an operation in the northeast. The second-highest number of medals went to Uttar Pradesh (17), followed by Jammu and Kashmir (15), Chhattisgarh (11), and the Border Security Force (5).
Bakshi rejects McDonald's proposal to buy his stake in JV for Rs 48-50 crore
The Uttar Pradesh government has implemented a special crowd management plan called 'Operation Eleven' for the 'Amrit Snan' on Basant Panchami at Maha Kumbh. The plan, devised under strict instructions from Chief Minister Yogi Adityanath, ensures a one-way traffic route for devotees and smooth movement on pontoon bridges. The heightened measures are in place following a stampede on Mauni Amavasya that claimed at least 30 lives. 'Operation Eleven' includes measures such as strict enforcement of a one-way route, enhanced security at key locations, crowd control at Tikarmafi Turn, special arrangements at Phaphamau and pontoon bridges, railway station and bus movement regulation, enhanced security at Prayag Junction, crowd management at GT Jawahar and Harshvardhan Chauraha, additional security and traffic control measures, and deployment of extra forces.
Soros scholar Amar Bakshi shares his journey.
Will this be yet another Dibakar Banerjee masterstroke? Raja Sen reviews the trailer of Detective Byomkesh Bakshy!
Women Of My Billion is stark and disturbing, but at the end of it Srishti Bakshi is still able to say, 'My India is not beyond repair', observes Deepa Gahlot.
The shooting for the film will start in January 2014.
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.
Such a person is rare in today's film world, notes Amit Khanna.
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 India.
A multi-layer security grid has been enforced in and around Srinagar, aerial surveillance, bomb disposal squads, drones and sharpshooters guarding the Bakshi Stadium are in place for Prime Minister Narendra Modi's Srinagar visit on Thursday, March 7, 2024.
'Aditya Chopra is keen that we carry Byomkesh's story forward,' says director Dibakar Banerjee.
It seems that Aamir Khan and Kiran Rao have started their Oscar campaign for Laapataa Ladies.
Three rockets, six boosters, a high explosive 60 mm mortar bomb, four kgs of explosives, a grenade thrower, eight rifle grenades and two hand grenades were recovered.
The top 10 films of the year may not be great by themselves but they stand out amidst the other OTT releases.
'The problem of 2015 is not who did it but how we should punish the guy who did it. The judicial system in our country is hugely inadequate.' Dibakar Banerjee talks about his new film Detective Byomkesh Bakshy and much more.
General Bakshi is understood to have been assured by Defence Minister Manohar Parrikar that the process was under way to appoint him as India's first tri-service commander, a post that would, at least nominally, place him senior to General Rawat.
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.
Bakshi had moved the application under Section 9 of the Conciliation and Arbitration Act, dealing with foreign arbitration and foreign tribunals.
The glimpses when for the first time, thousands of Kashmiri people attend the 75th Republic Day celebration function parade, at Bakshi Stadium in Srinagar on Friday, January 26, 2024.
Trade analysts believe it will be an interesting to watch how the films do at the box office this weekend.
Seven TMC MLAs within the Krishnanagar Lok Sabha constituency of party MP Mahua Moitra have written to Trinamool Congress supremo Mamata Banerjee demanding her removal as Nadia Uttar organisational district president. The lawmakers allege that Moitra has been ignoring Assembly representatives while undertaking party programmes and indulging anti-social elements, causing significant damage to the party's image. The MP has responded by dismissing the complaint as "district-level rubbish."
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 1,800 crore (Rs 18 billion).
In a three-part series commencing today, Arthur J Pais profiles some of the winners of the Paul and Daisy Soros Fellowships for New Americans. First up is Amar Bakshi, who fought and won a legal battle to uphold the freedom of the press in Zimbabwe and has studied at Harvard, John Hopkins and now Yale.
Speculation are rife that he may seek premature retirement or will be given a new role by the government.
Directed by Dibakar Banerjee, Detective Byomkesh Bakshy will release on April 3.
Sukanya Verma curates a Navratri special playlist just for you to give those festivities a touch of Bollywood style dazzle.
The estranged Indian partner of McDonald's, Vikram Bakshi, on Thursday offered buying out the US food major's stake in their joint venture Connaught Plaza Restaurants.
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.
Presently director at the Indian Council of Agricultural Research's Sugarcane Breeding Centre in Coimbatore, Bakshi Ram's next target is to improve both cane yields and sucrose content in cane varieties cultivated beyond the Vindhyas in Tamil Nadu and Karnataka, as also Maharashtra.
Cloud on whether CPRL is a subsidiary of McDonald's India or a 50-50 venture.
'Sheikh Abdullah ruled the state with secular values. Post 1953, when he was sacked, corruption took over governance.'
Over the past two decades, six of the eight army chiefs have been from the infantry and the other two from the artillery division. The appointment of either General Bakshi or General Hariz would interrupt the infantry's prolonged domination of the army command, says Ajai Shukla, a retired army officer himself.
Bakshi said the attempt by McDonald's to terminate its agreement with him was illegal and not binding and would have no bearing on the shareholding pattern (the partners hold 50 per cent each), board composition (both sides have two nominees) or the working of the company.
A look at the hits and flops of the week.
'I was completely in awe of him. After the shot was okayed, I would quickly run back to my chair and sit quietly till I was called again.'
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