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 two parties are fighting......
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......
The high court in New Delhi asked McDonald’s India Pvt Ltd on Friday to reply to the plea of Vikram Bakshi, ousted managing director of Connaught Plaza Restaurants, which runs the fast-food......
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. Senior advocate Sudipto Sarkar......
A March-end clarification by the government on a company’s ‘total share capital’, under the new Companies Act, could lead to a new twist to the tussle between McDonald’s and......