McDonald’s still running its outlets at a loss in IndiaNearly 22 years after the burger chain entered India, the company is still in the red with accumulated net loss of Rs 422 crore.
Sales rise at Vikram Bakshi-run McDonald's“We can’t compare the January-March 2017 quarter with January-March 2018, with many stores being non-operational in January and February th...
In a relief to CPRL, Delhi HC allows co to use McDonald’s brand nameCPRL, an equal joint venture between McDonald’s and Bakshi, operates 169 McDonald’s restaurants across north and east India.
McDonald's dispute: Singhvi writes to CPRL logistics partner to resume supplyMcDonald's estranged JV partner Vikram Bakshi said nearly all outlets of the food chain in East India have been shut and several others in ...
HC seeks Vikram Bakshi's reply on McDonald's plea to enforce arbitral awardBakshi's lawyers, including senior advocate N K Kaul, said there was no need to extend the 2013 order as it still continues to operate sinc...
CPRL to pursue legal recourse against licence scrapping: Vikram BakshiThe board of CPRL had met yesterday to discuss the future course of action following the termination of the franchise agreement by McDonald...
McDonald's asks suppliers not to deal with CPRLMcDonald's India Pvt Ltd (MIPL) had last month terminated franchise licence of 169 outlets operated by Connaught Plaza Restaurants Ltd (CPR...
McDonald’s writes to suppliers, CPRL's Vikram Bakshi calls it 'indirect pressurising'CPRL must cease the use of the McDonald’s system effective September 6. CPRL is not permitted to operate McDonald’s restaurants,” a McDonal...
No supplies hit to McDonald’s stores in north and east: Vikram BakshiBakshi, on his part, had said that McDonald’s outlets would remain open till the time a decision on the termination is reached at by the CP...
McDonald's row: NCLAT refuses to pass interim orderThis means the fate of 169 McDonald's stores in north and east India hangs by a thread as CPRL's licence to operate the outlets lapsed on S...
169 stores to continue under McDonald's brand: Vikram BakshiThe NCLAT today refused any interim relief to Bakshi, who had sought a stay on franchise termination by the US-based fast food chain major.
169 McDonald’s stores stare at closure from todayOn August 21, McDonald's terminated its agreement with CRPL, and asked the latter to stop using all branding and intellectual property of M...
We'll not shut our outlets: Vikram BakshiEarlier this week, McDonald's slapped its master franchise in the north and east Connaught Plaza Restaurants (CPRL) with a notice, cancelli...
McDonald's likely to challenge NCLT order on Vikram BakshiWith no signs of resolution of the conflict between the company and its JV partner in sight, 43 outlets of the fast food chain in the Capit...
43 McDonald's Delhi outlets to shut today, 1700 will lose jobsThe closure will hurt McDonald's which has been sliding in India since it was dethroned by pizza brand Domino's from pole position in 2013.
Turf war: McDonald's tries to edge out Vikram BakshiBakshi, who is fighting cases against McDonald's in the Delhi HC &the Company Law Board, proposed to buy McD's stake in joint venture .
McDonald's Indian JV partner Vikram Bakshi approaches CLBIndian partner of McDonald's north and east in the country Vikram Bakshi has approached the CLB against his removal as the MD.