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Connaught Plaza Restaurants Ltd

Connaught Plaza Restaurants to hire 2,000 people from underprivileged communities in next 3 years: MD

This will be part of the company's plan to hire 5,000 people in the next three years as it aims to double store count from 170 outlets at present and enhance presenceNew Delhi: Connaught Plaza Restaurants, the licensee of...

McDonald's asks suppliers to stop dealing with CPRL

McDonald's India has asked suppliers to stop dealing with CPRL, its 50:50 joint venture with estranged partner Vikram Bakshi, in a bid to enforce its cancellation of franchise licence. According to a PTI report: McDonald's India Pvt Ltd (MIPL) had...

McDonald's skips licensee board meet

McDonald's today stayed away from the board meeting of Connaught Plaza Restaurants Ltd (CPRL) -- licensee of the fast food chain in north and east India -- called by the NCLT-appointed administrator. According to a PTI report: However, Justice G...

McDonald's-CPRL impasse gives competition burger outlets a meaty advantage

Competitors are rejoicing McDonald's decision to close 169 outlets across north and east India in view of its legal battle with franchise partner, CPRL's Vikram Bakshi. Group Chairman and Founder of CybizCorp - which runs Carl's Jr. in India -...

McDonald's dispute puts channel partners in a fix

Food and raw material suppliers, mall operators and employees of McDonald's are an agitated lot these days because of its decision to close 169 outlets across north and east India in view of its legal battle with franchise partner...

Closure of 43 McDonald's in Delhi will not hurt the brand in other parts of India: Hardcastle Restaurants

Closure of 43 McDonald's outlets in Delhi is a local issue and it has not hurt the brand in other parts of India, according to Hardcastle Restaurants, the licensee of the US fast food chain for West and South...

43 McDonald's outlets in Delhi operated without valid licence for three months

American fast food chain McDonald's 43 outlets in the national capital operated for nearly three months from April 1 without valid 'health licences' from local authorities, its estranged India partner Vikram Bakshi alleged. According to a PTI report: Last month,...
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Retail boom in sacred cities driven by a surge in spiritual tourism

Growing tourism is attracting retail brands to establish a footprint in these potential market  New Delhi: Retail chains are capitalising...
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