#cprl

McDonald’s strikes out-of-court settlement with Vikram Bakshi; buys out former Indian partner from joint venture

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New Delhi: US fast food chain McDonald’s on 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.

Connaught Plaza Restaurants Pvt Ltd (CPRL) is now wholly owned by McDonald’s India Pvt Ltd…

Have Your Been Affected By The On-Going McDonald’s Row? #POLL

McDonald’s India has been having a tough few weeks given the on-going rowbetween the American parent company and its Indian joint partner Connaught Plaza Restaurants Limited, which looks after McDonald’s India’s outlets in north and east India. And while conjectures are being made by the dozen regarding the thousands of jobs at risk, the future of McD in India, et al, our major concern lies in…

Vikram Bakshi Challenges McDonald’s, Refuses To Close Outlets

Earlier this week, the fast food-loving folk in North and East India were in a massive state of shock when the feud between Vikram Bakshi led Connaught Plaza Restaurants Limited (CPRL) and McDonald’s India resulted in a possible shut down of all 169 McD outlets across the north and east regions. But more than the customers, with their livelihood in jeopardy, it would have been the 10,000…

In Delhi McDonald’s Is Shutting Almost 80 Percent Of Their Outlets And Here’s Why

We’ve almost come to expect to see a McDonald’s at every corner (I almost died when I moved and discovered McDonald’s didn’t deliver here #firstworldproblems). However in Delhi McDonald’s is definitely not going to be as accessible as it once was. This is because 43 of their 55 outlets are going to be temporarily closed from today onwards.

If you had plans of hitting up a McD today then you may…