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Connaught Plaza Restaurant Ltd

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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......

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......

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......

McDonald's may go off menu in North and East

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 Soon McDonald’s, the......

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