Westlife currently owns master franchise rights of McDonald's in West and South India.

In a big blow to the firm in its fight with its estranged JV partner, the National Company Law Tribunal reinstated Vikram Bakshi as MD of C...

A bench of Justice Sanjeev Sachdeva passed the order after Bakshi's counsel informed the court that there was no consent for transferring t...

The 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 has lowered the price he's asking McDonald's to pay for the 50% he owns in their joint venture (JV) Connaught Plaza Restauran...

The fast food chain claimed that Bakshi allowed advertisements of his competing business to run on TV screens in the McDonald’s outlets.

Bakshi is locked in a legal battle with McDonald’s since August 2013 when he was not reappointed as managing director of Connaught Plaza Re...

Connaught Plaza Restaurant Private Limited, the 50:50 venture between the two, runs 165 McDonald's outlets in north and east India.

McDonald's has defied Indian jurisdiction by approaching the London Court of International Arbitration when the case is before the Company ...

The CLB was hearing a petition filed by Vikram Bakshi challenging his removal as the Managing Director of the joint venture, Connaught Plaz...

McDonald's today argued that the dispute with Vikram Bakshi should be referred to arbitration as per the clauses of their agreement.

In the ongoing spat between McDonald’s India and Vikram Bakshi, the JV agreement drawn up by the two sides will come to play a pivotal role.

Bakshi today submitted before CLB that he cannot be removed as MD of Connaught Plaza Restaurants, his joint venture with US fast food chain...

Grant Thornton pegged enterprise value of Connaught Plaza Restaurants at $331.3 million five years ago.

Bakshi has denied McDonald’s charge that the latest review disclosed 13 high-risk control issues with significant operational and regulator...

Fast food chain McDonald's India today said it plans to double the number of outlets it has in the country to 500 over the next three years.

With 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...