Food regulator slaps notice on McDonald's for disparaging 'ghiya-tori' ad
McDonald's had over the last weekend carried advertisements in newspapers seeking to get traffic at its outlets by allegedly disparaging home cooked food and healthy vegetables. A full page advertisement by McDonald's in newspapers had said, "Stuck with Ghiya-Tori Again? Make the 1+1 Combo you love".
McDonald’s India franchise drags government to court over GST credit
Restaurants are currently levied a 5% GST, but they can’t claim the inpu...
Suitors find McDonald’s franchise offer a bit too sour
“Of all the potential names in the running, talks with most have fizzled out because b...
Hardcastle wants higher GST & input tax credit
The move could have a huge implication for the country’s restaurant sector Restaurants across India, such as McDonald’s and Pizza Hut, are currently levied 5% GST and they cannot claim ITC on the tax paid on expenses, including raw materials and rent.
McDonald's relaunches online food ordering service in North and East India
Connaught Plaza Restaurants Pvt Ltd would now serve the food ordered through its McDeliveryTM app and website.
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."
HC sets aside NAA’s ruling against McD’s franchisee
The Bombay High Court has set aside a National Anti-profiteering Authority order against Hardcastle Restaurants, a McDonald's franchisee that had earlier found it guilty of not passing on GST rate cut benefits of over Rs 7.49 crore to consumers.
How companies are gearing up for less plastic in their biz
Parle Agro, maker of soft drink Frooti, said it will spend over Rs 50 crore in the next three years to implement an end-to-end PET plastic waste management programme.
McDonald's Halal certificate gives it a jhatka in India
The fast food chain is facing severe backlash over Twitter after it told its customers that it only serves Halal meat.
NCLAT orders review of McDonald's-Vikram Bakshi settlement
The tribunal said the settlement reached between McDonald's and Bakshi was violation of DRT order.
Credit Suisse downgrades Jubilant FoodWorks to underperform
The brokerage has cut earnings estimates for Jubilant FoodWorks by 8-11 per cent.
Westlife Development shares also list on NSE
Through Hardcastle Restaurants, WDL operates about 300 McDonald’s restaurants across 41 cities in West and South India.
McDonald's case: NCLAT gives Vikram Bakshi 'last chance' to settle matter with HUDCO
However, the move was contested by the Housing and Urban Development Corporation (HUDCO).
NCLAT urges Hudco to drop opposition to McDonald’s-Vikram Bakshi deal
Sources said the final settlement amount would be contingent on Hudco closing all claims against Bakshi.
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