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).
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.
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.
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.
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.
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.
Calling all cricket lovers to take a crack at our latest IPL quiz.
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.
Australia might be forced to use support staff as substitute fielders in the T20 World Cup warm-up games.
The world's most famous fast food chain McDonald's has lost an eight-year legal battle to prevent a local Malaysian Indian restaurant 'McCurry' from using the "Mc" trademark in its name, with the country's highest court dismissing its plea.
Scott McDonald was one of three players cut from Australia's preliminary World Cup squad by coach Pim Verbeek on Tuesday.
Mitchell Marsh won the prestigious Allan Border Medal at the 2024 Australian Cricket Awards
McDonald 'disappointed' with McCullum's comment post Bairstow dismissal
Australian opener Travis Head's participation at next month's World Cup is in doubt after he broke his hand during Friday's one day international against South Africa.
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.
Australia batter Marnus Labuschagne said he had "never seen" someone bowl like the way Pat Cummins did during the World Cup final against India, which they won by six wickets for a record-extending sixth title.
McDonald's is looking for Crew Members and Delivery Crew Members.
Australia coach McDonald dismisses 'far-fetched' Cummins resignation talk
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.
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.
Australian head coach Andrew McDonald backed Mitchell Starc ahead of the Ashes series starting from June 16 at Edgbaston.
Australia's batter Mitchell Marsh said he has no desire to open the innings in Test cricket once David Warner retires.
The Australians had been relaxing by playing golf in the city during a week-long break between games. No one else was hurt in the incident.
Ending up in hospital after a late-night party in Adelaide was 'less than ideal', conceded Australian swashbuckler Glenn Maxwell.
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.
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.
Former Australia player Shane Watson said star all-rounder Cameron Green has all the means to succeed as a Test opener.
It is not easy for an FMCG brand to make a comeback if it has been out of consumer's reckoning for some time. Moreover, a protracted battle between the owners and then closure of a large number of outlets at one go might have sent some very negative signals to many, says Sneha Bhattacharjee.
'There will be an extended period of time out and we're just going to weigh whether that time falls potentially with an option to carry him through the front half of the World Cup.'
Australian all-rounder Andrew McDonald became the fifth player to be transferred during the IPL trading window, moving from Delhi Daredevils to Royal Challengers Bangalore.
Fast food chain McDonald's and the International Olympic Committee (IOC) are close to agreeing a new, eight-year sponsorship contract and the deal could be sealed this month.
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.
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