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169 outlets in north and east will continue to operate under McDonald's brand: Vikram Bakshi

Vikram Bakshi, the estranged partner of McDonald's, today said the 169 outlets he runs in north and east India will continue to operate under the US brand. According to a PTI report: McDonald's, which had last month terminated franchise pact...

NCLAT refuses to pass interim order on Vikram Bakshi's plea

The National Company Law Appellate Tribunal on Thursday refused to pass any interim order on estranged partner Vikram Bakshi's plea against termination of franchise licence agreement by US-based fast food chain McDonald's. According to a PTI report: This means the...

Amid uncertainty, some CPRL-operated McDonald's continue to function

Some of the outlets of McDonald's run by CPRL, franchisee of the US fast food chain for north and east India, continued to function on Wednesday amid uncertainty over the future of 169 such restaurants following the cancellation of...

CPRL board to meet on Wednesday to decide the fate of 169 McDonald's

The board of Connaught Plaza Restaurant Ltd (CPRL), the 50:50 joint venture between McDonald’s India and its estranged partner Vikram Bakshi, will meet tomorrow amid uncertainty over the fate of 169 outlets of the fast food chain run by...

NCLT reserves orders over Bakshi's pleas against McDonald's

The National Company Law Tribunal has reserved orders over two contempt pleas filed by Vikram Bakshi in his ongoing fight against McDonald's. According to a PTI report: Bakshi, the estranged partner of the US fast food chain, had filed a...

Settlement with Vikram Bakshi not possible, McDonald's tells NCLAT

Fast food chain McDonald's has informed the NCLAT that settlement of dispute with Vikram Bakshi, its joint venture partner for north and east India, is not possible. According to a PTI report: The National Company Law Appellate Tribunal (NCLAT), which...

McDonald's skips licensee board meet

McDonald's today stayed away from the board meeting of Connaught Plaza Restaurants Ltd (CPRL) -- licensee of the fast food chain in north and east India -- called by the NCLT-appointed administrator. According to a PTI report: However, Justice G...

McDonald's-CPRL impasse gives competition burger outlets a meaty advantage

Competitors are rejoicing McDonald's decision to close 169 outlets across north and east India in view of its legal battle with franchise partner, CPRL's Vikram Bakshi. Group Chairman and Founder of CybizCorp - which runs Carl's Jr. in India -...

McDonald's dispute puts channel partners in a fix

Food and raw material suppliers, mall operators and employees of McDonald's are an agitated lot these days because of its decision to close 169 outlets across north and east India in view of its legal battle with franchise partner...

NCLAT asks McDonald's, Vikram Bakshi to settle dispute

The National Company Law Appellate Tribunal (NCLAT) has asked US fast food giant McDonald's and its estranged Indian JV partner Vikram Bakshi to consider settling their dispute among themselves. According to a PTI report: Putting off the matter for next...
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Le Pain Quotidien re-enters Indian market, targets 100 outlets by 2035

The QSR chain targets a brand valuation of Rs 1,000 crore over the next decade Bengaluru: Belgian bakery and restaurant brand...
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