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IHCL's diversification strategy shields growthIHCL MD and CEO Puneet Chhatwal said escalating West Asia tensions may impact global travel in the near term, but the hospitality sector re...- LPG Crisis: QSRs shut outlets, fine-dine chains halt plansLPG supply disruptions from the West Asia war are forcing major restaurant chains like McDonald's and Pizza Hut to temporarily close outlet...
- Delhi's iconic street food dhabas to close amid LPG cylinder shortage? How long can they last?Small food businesses across Delhi, from iconic dhabas in Sadar Bazar to tea stalls in Connaught Place, are facing an existential threat du...
- LPG crunch forces Delhi restaurants to scale back menus, limit group bookingsDelhi's dining scene is encountering a significant hurdle with the LPG gas shortage. This crisis is reshaping the culinary landscape, leadi...
- NCLAT allows settlement between McDonald's and former partner Vikram BakshiThe National Company Law Appellate Tribunal (NCLAT) on Tuesday allowed US food major McDonald's and its former estranged Indian partner Vik...
- Food regulator slaps notice on McDonald's for disparaging 'ghiya-tori' adMcDonald's had over the last weekend carried advertisements in newspapers seeking to get traffic at its outlets by allegedly disparaging ho...
- Vikram Bakshi is finally out, and McDonald's India is lovin' itIn 2008, the partnership turned sour for first time — after McDonald's tried to buy out Bakshi's 50% stake.
- McDonald's has a legal problem in pizza-loving IndiaLegal dispute with a partner has hampered McDonald's expansion, while the pizza-loving Indian consumer is giving a big thumbs-up to rivals ...
- Less customers, air of uncertainty, anxious staff: How a visit to McDonald's now feelsThe once-bustling McDonald's joints now operate under the shadow of the ongoing spat between the US fast food chain and its estranged partn...
- 18 of the 43 McDonald's outlets in capital reopened: Vikram BakshiHowever, many of the 169 stores across the north and east region have been operating even past the deadline set by the termination notice.
- Connaught High Street will deliver a better shopping experience: Gobind Akoi, Principal directorThe Connaught High Street is restoring part of the Capital’s commercial Connaught Place to build a fashion-cum-gourmet high street.
- McDonald's - Vikram Bakshi dispute: Delhi HC stays CLB orderA bench of Justice Sanjeev Sachdeva passed the order after Bakshi's counsel informed the court that there was no consent for transferring t...
- McDonald’s seeks more time from CLB to make offer for Vikram Bakshi’s stakeThe two sides have been involved in a legal wrangle since August 2013 when Bakshi was not reappointed as managing director of Connaught Pla...
- Vikram Bakshi asks McDonald's to return leased propertiesThe estranged Indian partner of McDonald's, Vikram Bakshi today asked the US food major to return all the prime properties leased .
- Dissolution of joint venture with McDonald's only solution, says Vikram BakshiConnaught Plaza Restaurant Private Limited, the 50:50 venture between the two, runs 165 McDonald's outlets in north and east India.
- Estranged India partner Vikram Bakshi moves court against McDonald’sMcDonald's has defied Indian jurisdiction by approaching the London Court of International Arbitration when the case is before the Company ...
- McDonald's for arbitration of its dispute with Vikram BakshiMcDonald's today argued that the dispute with Vikram Bakshi should be referred to arbitration as per the clauses of their agreement.
- Only shareholders can remove me as MD of CPRL: Vikram BakshiBakshi today submitted before CLB that he cannot be removed as MD of Connaught Plaza Restaurants, his joint venture with US fast food chain...
- McDonalds to spend Rs 400-500 crore to open 120 outletsFast-food chain, McDonalds, which serves five lakh people across India every day, plans to spend around Rs 400-500 crore over the next thre...
- McDonald's plans to add 60 restaurants annuallyWith an aim to clock 30-35 per growth per annum, the US fast food chain McDonald's plans to open around 60 more restaurants across the coun...
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