18 of the 43 McDonald's outlets in Delhi reopened: Vikram Bakshi
The development follows a decision by the board of Connaught Plaza Restaurants Ltd (CPRL), which passed a resolution on September 17 to reopen 21 outlets for which health licences have since been received, Bakshi said in a statement today.
Sep 19, 2017, 20:52 PM ISTMcDonald’s India row: CPRL to pursue legal recourse against licence scrapping, says Bakshi
CPRL is a 50:50 joint venture between MIPL and Bakshi. The company's board has equal representation of two directors each from the two parties.
Sep 18, 2017, 15:57 PM ISTMcDonald's asks suppliers not to deal with CPRL
McDonald's India Pvt Ltd (MIPL) had last month terminated franchise licence of 169 outlets operated by Connaught Plaza Restaurants Ltd (CPRL) in north and east India.
Sep 13, 2017, 18:33 PM IST126 McDonald's outlets in north, east India still open: Vikram Bakshi
McDonald's estranged partner Vikram Bakshi has claimed that 126 outlets in north and east India continue to operate fully even as the US-based fast food chain said it was taking action to enforce cancellation of its franchise licence.
Sep 10, 2017, 13:12 PM ISTMcDonald's terminates franchise pact for CPRL's 169 outlets
The termination notice also bars CPRL, where the fast food giant's estranged franchise partner in the region Vikram Bakshi holds 50 percent stake, from using McDonald's brand at these outlets that employ thousands of staff.
Aug 21, 2017, 13:15 PM ISTOver 40 Delhi McDonald's outlets suspend operations on expiry of licence
Over 40 McDonald`s restaurants in the national capital will remain shut from Thursday because of expiry of licences, a company official said.
Jun 29, 2017, 18:25 PM IST