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FRANCHISE AGREEMENT BREACH
Pizza Hut's AI system promised 30-minute delivery, now it's facing 45-minute waits and a $100M lawsuit insteadPizza Hut's new AI system, Dragontail, has led to a major lawsuit. A large franchisee claims the technology backfired, causing delivery del...- Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
- Data law spurs hotel contract resets on guest privacyHotel owners are actively revising contracts with international operators and booking platforms. This proactive step aims to clarify data p...
- Rajasthan Royals owner accuses former co-owner Raj Kundra of blackmail in UK courtManoj Badale, majority owner of the Rajasthan Royals, accuses Raj Kundra of attempted blackmail over a disputed minority stake. Badale clai...
- Boycott of bookings by hotels will invite legal action: OYOMost of the boycott threats are being made by small groups of people who have no property associated with OYO, the company said in a statem...
- Westlife Development gains as McDonald's to decide on east India partner soonFollowing the report, the stock rose 6.1 per cent to hit a high of Rs 388.80 on BSE.
- McDonald's may appoint new partner for north, east IndiaBakshi, who has challenged the termination, continues to operate the outlets saying he will run them until there is a amicable solution by ...
- BCCI set to pay huge compensation to Kochi TuskersKochi Tuskers owners in 2015 had won an arbitration challenging BCCI decision to encash bank guarantee citing breach of contractual agreeme...
- BCCI set to pay huge compensation to Kochi TuskersKochi Tuskers owners in 2015 had won an arbitration challenging BCCI decision to encash bank guarantee citing breach of contractual agreeme...
- Some CPRL operated outlets of McDonald's remain openOn August 21, McDonald's India had terminated franchise agreement for 169 outlets run by CPRL alleging breach of contract terms and payment...
- 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...
- Will challenge termination of licence by McDonald's: Vikram BakshiBakshi, however, said in case the partners decide to part ways, he was open to a third-party valuation of CPRL for him to exit their troubl...
- All 169 McDonald’s stores face closure in North & East, thousands of jobs at riskThe development could not only wipe out the burger and fries chain in half of India, but also puts in peril contracts of suppliers running ...
- McDonald's moves NCLAT to challenge reinstatement of Vikram BakshiConnaught Plaza Restaurant Ltd (CPRL) -- the licensee of the food chain in north and east India region -- is an equal joint venture between...
- China grants citizens right to sue government over land acquisitionThe amendment comes in backdrop of growing public resentment over arbitrary seizure of land by govt for projects without paying proper comp...
- IPL spot-fixing: Rajasthan Royals, Raj Kundra to dominate BCCI emergent Working Committee meetBCCI is under immense pressure to take a tough stand in a bid to restore the credibility of the IPL which has taken a severe beating follow...
- IPL spot fixing: Section 409 added to case against arrested players, bookiesPolice today invoked a stringent section pertaining to criminal breach of trust against the players and bookies arrested in the IPL spot-fi...
- IPL row: HC tells DCHL to furnish bank guarantee of Rs 100 crore to BCCIThe court further observed that DCHL shall bear all expenses for IPL series-6 like making payments to BCCI towards franchise, players and s...
- Jaipur bottler slaps Rs 370 cr notice on Coke for killing Schweppes brandsSFSL has slapped a claim of Rs 370 crore on Coca-Cola India, Atlantic Industries Ireland and other group companies alleging breach of contr...
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