Mcdonalds India

McDonald's India likely to rope in new licensee partner for north, east after Vikram Bakshi row

In August this year, McDonald's had terminated franchise agreement for 169 out of its 430 fast food outlets operated by Bakshi-led Connaught Plaza Restaurant Ltd (CPRL) in north and east India, alleging breach of contract terms and payment default by the operator.

McDonald's India row: Setback for Vikram Bakshi as arbitration court asks him to sell CPRL stake

The arbitration panel has asked Bakshi to transfer his 1,45,600 shares in the 50:50 joint venture Connaught Plaza Restaurant Ltd (CPRL) to McDonald's India

McDonald's vs Vikram Bakshi: Company law appellate tribunal refuses to pass interim order

This 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 5 September

McDonald's 169 outlets face closure today; Vikram Bakshi to move NCLAT as 10,000 jobs hang in balance

The termination notice period ended on 5 September. Store owners such as DLF have started serving notice for vacation to outlets

National Company Law Tribunal issues show-cause notice to McDonald's Corp

Vikram Bakshi has been at loggerheads with the fast food chain over the management of CPRL after he was ousted from the post of MD of the McDonald's franchisee in August 2013

McDonald's informs company law appellate tribunal, settlement with Vikram Bakshi not possible

McDonald's on 21 August terminated franchisee agreement for the 169 outlets in north and east that were operated by Connaught Plaza Restaurant Ltd (CPRL), the joint venture (JV) with Bakshi

McDonald's challenges Vikram Bakshi's reinstatement in company law appellate tribunal

McDonald's India on Wednesday said it has challenged before the NCLAT the order of National Company Law Tribunal (NCLT) reinstating estranged partner Vikram Bakshi as Managing Director of its joint venture, CPRL

McDonald's terminates pact with Vikram Bakshi co, 169 outlets to be shut, jobs at risk

McDonald's India has terminated the franchise agreement for 169 fast-food outlets in north and east India run by Connaught Plaza Restaurant Ltd (CPRL) and said the outlets cannot use its brand for any operations

Update: McDonald's India McDelivery app said to be leaking 2.2 million customer's data

Customer data entered into the McDonalds India McDelivery app could be out there and up for grabs thanks to an unprotected publicly accessible API endpoint.

The problem in Pune: Sorry Indians, it's we who hate the poor, not McDonald's

McDonald’s is facing a PR crisis of sorts in India. The story of the street kid being thrown is no doubt bad, but the general hypocrisy in this whole tale is hard to miss.