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McDonald's row: NCLAT to study LCIA award before further action

The National Company Law Appellate Tribunal (NCLAT) said it will study the award of the London Court of International Arbitration (LCIA) that asked McDonald's estranged partner Vikram Bakshi to sell his stake in the JV firm CPRL to the...

18 of the 43 McDonald's outlets in capital reopened: Vikram Bakshi

McDonald's estranged partner Vikram Bakshi said 18 out of the 43 outlets of the burger chain in the capital that have been closed since June due to expiry of eating house licences, reopened on Tuesday. The development follows a decision...

CPRL to continue full legal recourse against termination of licence

McDonald's estranged partner Vikram Bakshi on Monday said the board of CPRL, the franchisee of the US fast food chain for north and east India, has decided to continue full legal recourse against termination of licence. According to a PTI...

UK panel appointed for fair valuation of JV between McDonald's and Bakshi

An international arbitration panel has directed appointment of experts to determine a fair value of the joint venture between McDonald's India and Vikram Bakshi so that the US fast food chain can buy out its estranged partner. According to a...

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...

126 McDonald's outlets in north, east India continue to operate fully: Vikram Bakshi

McDonald's estranged partner Vikram Bakshi has claimed that 126 outlets in north and east India continue to operate fully even as the US-based fast food chain said it was taking action to enforce cancellation of its franchise licence. According to...

Airports – The Next Battleground For Retailers In India?

Given the increasing number of air passengers every year in India and a crunch for quality retail space being faced by many foreign and domestic retailers across metros, airports are emerging as the next battleground for retailers. Following in...

169 outlets in north and east will continue to operate under McDonald's brand: Vikram Bakshi

Vikram Bakshi, the estranged partner of McDonald's, today said the 169 outlets he runs in north and east India will continue to operate under the US brand. According to a PTI report: McDonald's, which had last month terminated franchise pact...

NCLAT refuses to pass interim order on Vikram Bakshi's plea

The National Company Law Appellate Tribunal on Thursday refused to pass any interim order on estranged partner Vikram Bakshi's plea against termination of franchise licence agreement by US-based fast food chain McDonald's. According to a PTI report: This means the...

Amid uncertainty, some CPRL-operated McDonald's continue to function

Some of the outlets of McDonald's run by CPRL, franchisee of the US fast food chain for north and east India, continued to function on Wednesday amid uncertainty over the future of 169 such restaurants following the cancellation of...
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Bhima Jewellers: Shining Bright Since 1925

From Augmented Reality and virtual try-ons, 99-year-old Kerala-based Bhima Jewellers has moulded itself to stay relevant to today’s digital-savvy...
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