CONNAUGHT PLAZA RESTAURANTS
Vikram Bakshi withdraws plea seeking nod to travel overseas
Bakshi’s counsel said that he is withdrawing his application to be allowed to travel abroad since "he doesn't want to give an impression that he wants to run away or anything; he is a law abiding citizen."
McDonald's relaunches online food ordering service in North and East India
Connaught Plaza Restaurants Pvt Ltd would now serve the food order...
NCLAT orders review of McDonald's-Vikram Bakshi settlement
The tribunal said the settlement reached between McDonald's and Bakshi was violati...
McDonald's may say bye to unapproved suppliers of Connaught Plaza Restaurant Ltd
Bakshi roped in other vendors and suppliers to continue running the outlets even though CPRL had been prohibited from using McDonald’s branding.
McDonald's buys Vikram Bakshi's 50% stake in Connaught Plaza Restaurants
With the transfer of ownership and management, Bakshi ends his over-two-decade-old association with CPRL and McDonald’s.
Vikram Bakshi is finally out, and McDonald's India is lovin' it
In 2008, the partnership turned sour for first time — after McDonald's tried to buy out Bakshi's 50% stake.
McDonald's drops several items from menu in reopened stores
The company has also taken Maaza beverage off the list, a fruit based drink brand from Coca-Cola.
McDonald's, Vikram Bakshi working on out-of-court settlement
Counsels for McDonald’s India and Bakshi conveyed this to a two-member NCLAT bench, headed by SJ Mukhopadhyay.
McDonald’s India subsidiary posts net profit finally
McD's posted a net profit of Rs 65.2 lakh during FY17-18, compared with a net loss of Rs 305 cr a year ago.
NCLT reinstates Vikram Bakshi as MD of Connaught Plaza Restaurant
In a big blow to the firm in its fight with its estranged JV partner, the National Company Law Tribunal reinstated Vikram Bakshi as MD of CPRL.
McDonald's 15 outlets break their previous sales record in May
Sales at McDonald's North and East have hit an all-time high at 15 outlets in May, breaking their previous sales records, Connaught Plaza Restaurants (CPRL) MD Vikram Bakshi said.
Sales rise at Vikram Bakshi-run McDonald's
“We can’t compare the January-March 2017 quarter with January-March 2018, with many stores being non-operational in January and February this year,” the CPRL official said.
McDonald's plea against NCLT show cause premature, observes High Court
The bench was of the opinion that the tribunal was only contemplating initiation of contempt proceedings and there has been no determination of contempt by the NCLT.
NCLT seeks McDonald's reply to notice on contempt plea
A two-member bench of the NCLT headed by its President Justice M M kumar listed the matter for hearing on February 7, 2018.
New year looks grim for McDonald's staff
While CPRL has found a new logistics partner and reopened a few outlets, a McDonald's India spokesperson said there is more uncertainty in store.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service