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McDonald's strikes out-of-court settlement with Vikram Bakshi
Thu, May 09, 2019
US fast food chain McDonald's Thursday said it has reached an out-of-court settlement with estranged partner Vikram Bakshi, buying out the former partner from their joint venture that operated outlets of the chain in north and east India.
Master franchisee for McDonald's to double Experience of the Future stores
Fri, Nov 02, 2018
Westlife Development Ltd (WDL) is planning to double the number of its Experience of the Future (EOTF) stores by March 2019. The master franchisee for McDonald’s quick-service restaurant (QSR) chain across West and South India currently has 10 such stores operational between Mumbai and Bengaluru.
NCLT asks McDonald's to file reply in 10 days on contempt plea
Thu, Sep 28, 2017
While listing the matter for next hearing on October 23, the tribunal has also granted Bakshi a week's time to file rejoinder.
McDonald's row: NCLAT refuses to pass interim order
Thu, Sep 07, 2017
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 September 5.