Estranged partners McDonald's and Vikram Bakshi on Monday told the NCLAT that they are working towards an out-of-court settlement to end their over 5-year-old dispute. The bench directed that either ...

A franchisee dispute in India will result in 169 McDonald’s closures and potentially thousands of jobs lost as the fast food chain takes action against a partner it said breached terms of contract and ...

NEW DELHI (Reuters) – Fast food chain McDonald’s said on Monday it planned to shut all 169 of its restaurants in India’s northern and eastern regions, escalating a dispute with its local partner and ...

New Delhi: Some of the outlets of McDonald's run by CPRL, franchisee of the US fast food chain for north and east India, continued to function on Wednesday amid uncertainty over the future of 169 such ...

In June, 43 restaurants run by CPRL -- in which McDonald's India Pvt Ltd. has a 50% stake -- were shuttered because they didn't have the necessary regulatory permissions. Previously, McDonald's tried ...

New Delhi: Vikram Bakshi, the estranged partner of McDonald’s India Pvt. Ltd, said he is considering his legal options after the London Court of International Arbitration (LCIA) ruled that he sell his ...

IN MOST ways the McDonald’s outlet in Jangpura, a gentrifying neighbourhood in south Delhi, looks like one anywhere else, with bright displays, plastic seating and a familiar menu. But this week a ...

As the world's largest fast food retail chain, McDonald's has more than a thing or two to share with budding food entrepreneurs in India. The multinational firm has scaled up with two separate master ...

Recently, McDonald's ( MCD) announced that it was shutting down 169 of its 430 outlets in India, following the termination of its franchise agreement with CRPL (Connaught Plaza Restaurant) due to ...

NEW DELHI (Reuters) - Fast food chain McDonald's said on Monday it planned to shut all 169 of its restaurants in India's northern and eastern regions, escalating a dispute with its local partner and ...