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  • McDonald's strikes out-of-court settlement with Vikram Bakshi May 09, 2019 08:10 PM IST

    McDonald's strikes out-of-court settlement with Vikram Bakshi

    Connaught Plaza Restaurants Pvt Ltd (CPRL) is now wholly owned by McDonald's India Pvt Ltd (MIPL) and its affiliate (McDonald's Global Markets LLC, "MGM"), following the completion of a settlement reached with Bakshi, the company said in a statement.

  • McDonald's acquires tech company, will soon use artificial intelligence to customise menus Mar 28, 2019 04:42 PM IST

    McDonald's acquires tech company, will soon use artificial intelligence to customise menus

    The data will help McDonald's customise its Drive Thru menus based on time of day, weather, current restaurant traffic and trending menu items.

  • McDonald’s operator's Q2 profit jumps about 7-fold to Rs 7.9 crore Oct 26, 2018 02:05 PM IST

    McDonald’s operator's Q2 profit jumps about 7-fold to Rs 7.9 crore

    Its consolidated revenue rose to Rs 350 crore, a rise of 32 percent compared to revenue of Rs 264.6 crore during the corresponding quarter of last year.

  • HUL, Jubilant FoodWorks, McDonald’s, Puri Constructions face stringent GST anti-profiteering penalties Oct 01, 2018 03:35 PM IST

    HUL, Jubilant FoodWorks, McDonald’s, Puri Constructions face stringent GST anti-profiteering penalties

    Preliminary investigations show that HUL has not passed on GST benefits to the tune of Rs 495.71 crore to the consumers

  • McDonald’s new 19,000 sq ft restaurant in Chicago - resembles an Apple store Aug 14, 2018 03:39 PM IST

    McDonald’s new 19,000 sq ft restaurant in Chicago - resembles an Apple store

    As part of McDonald’s “Experience of the Future” remodel, table services and increased digital ordering options have been introduced

  • Now, McDonald’s converts used cooking oil into biodiesel for refrigerated delivery trucks Jul 23, 2018 03:46 PM IST

    Now, McDonald’s converts used cooking oil into biodiesel for refrigerated delivery trucks

    The company started its pilot project last year with Unicon Biofuels and has so far scaled it up to cover 85 restaurants in Mumbai

  • Here's why McDonald's will not be serving plastic straws with drinks in the UK and Ireland Jun 26, 2018 05:14 PM IST

    Here's why McDonald's will not be serving plastic straws with drinks in the UK and Ireland

    Plastic straws are among the top ten types of litter around the world

  • Rahul Gandhi at OBC Sammelan: Coca-Cola was started by a shikanji seller and McDonald's by a dhaba wala Jun 11, 2018 04:37 PM IST

    Rahul Gandhi at OBC Sammelan: Coca-Cola was started by a shikanji seller and McDonald's by a dhaba wala

    Gandhi was addressing a crowd at the OBC Sammelan organised in the national capital

  • Here's how long you have to work around the world to afford an iPhone X Jun 04, 2018 04:43 PM IST

    Here's how long you have to work around the world to afford an iPhone X

    The least a person has to toil to purchase an iPhone X is Zurich. People in the Swiss city has to work just 38 hours or nearly five days

  • Hardcastle Restaurants to invest up to Rs 1,000 cr to revamp McDonald's offerings Apr 03, 2018 05:30 PM IST

    Hardcastle Restaurants to invest up to Rs 1,000 cr to revamp McDonald's offerings

    The city-based company in a bid to attract millenials and double its customer base to 500 million, has been introducing low-calorie, low-fat alternatives in its menu, along with introducing local flavours.

  • Westlife Development plans to nearly double count of McDonald's outlets to 500 by 2022 Apr 03, 2018 02:56 PM IST

    Westlife Development plans to nearly double count of McDonald's outlets to 500 by 2022

    The company is planning to make investments of Rs 800-1000 crore in the next 1-2 years

  • NCLT direct McDonald's to reply show cause notice for contempt Jan 22, 2018 01:30 PM IST

    NCLT direct McDonald's to reply show cause notice for contempt

    A two-member bench of the NCLT headed by its President Justice M M kumar listed the matter for hearing on February 7, 2018.

  • HC declines to restrain CPRPL from using McDonald's brand name Jan 11, 2018 02:21 PM IST

    HC declines to restrain CPRPL from using McDonald's brand name

    Justice Rajiv Sahai Endlaw said the restaurants of the franchisee were a running business and hence, cannot be stayed ex-parte without proper consideration of all aspects, including the CPRPL's reply.

  • HC rejects McDonald's plea against NCLT show cause notice Jan 10, 2018 08:15 PM IST

    HC rejects McDonald's plea against NCLT show cause notice

    Justice R K Gauba rejected McDonald's plea and said the reasons for it will follow soon in the judgement, which is not yet available. The court had earlier put on hold the show cause notice issued by the NCLT.

  • FDA notice on McDonald's for poor quality at city outlet Jan 10, 2018 03:38 PM IST

    FDA notice on McDonald's for poor quality at city outlet

    The FDA had reportedly conducted a "surprise check" on the McDonald's outlet in High Street Phoenix at Lower Parel for alleged violation of the Food Safety Standards Act, by cooking in unhygienic conditions, and also not displaying its licence copy prominently.

  • McDonald's closed doors open windows of opportunity for its rivals Jan 10, 2018 01:47 PM IST

    McDonald's closed doors open windows of opportunity for its rivals

    Although many of the shut McDonald's outlets are in the process of reopening, the company is bound to fell some pain stemming from the reduced customer base.

  • Finance ministry slaps anti-profiteering notices to McDonald’s, Lifestyle International and HUL stockist for not passing on GST benefits Dec 30, 2017 04:31 PM IST

    Finance ministry slaps anti-profiteering notices to McDonald’s, Lifestyle International and HUL stockist for not passing on GST benefits

    DG Safeguards has asked these firms to provide their balance sheet, trial balance and profit and loss account for last one year

  • McDonald's follows different food standards for India: Vikram Bakshi Dec 28, 2017 09:20 PM IST

    McDonald's follows different food standards for India: Vikram Bakshi

    The battle between McDonald's India and Bakshi-led Connaught Plaza Restaurants Ltd intensified after the latter's logistics partner Radhakrishna Foodland stopped supplies, which led to closure of about 84 outlets on Monday.

  • McDonald's may shut all outlets in east India, several in north: Vikram Bakshi Dec 26, 2017 09:55 AM IST

    McDonald's may shut all outlets in east India, several in north: Vikram Bakshi

    All in all there are 80 outlets that have been hit by this cutoff in supplies by Radhakrishna Foodland, a move which is seen as a fallout of the ongoing spat between the fast food major and Bakshi.

  • Here's what McDonald's said after a customer exposed no change in bill despite GST cut Nov 17, 2017 11:18 AM IST

    Here's what McDonald's said after a customer exposed no change in bill despite GST cut

    McDonald's blamed withdrawal of input tax credit which has resulted in increased operating costs

  • Samsung mocks iPhones from the past 10 years in its latest commercial Nov 07, 2017 03:12 PM IST

    Samsung mocks iPhones from the past 10 years in its latest commercial

    The new commercial, titled ‘Growing Up’, shows various flaws of Apple phones in comparison to Samsung’s Galaxy series

  • McDonald's case: NCLT adjourns hearing contempt plea by Vikram Bakshi Oct 23, 2017 08:30 PM IST

    McDonald's case: NCLT adjourns hearing contempt plea by Vikram Bakshi

    The National Company Law Tribunal (NCLT) today adjourned the hearing of the contempt plea filed against fast food major McDonald's Corporation and its Indian arm by estranged Indian partner Vikram Bakshi.

  • McDonald's South Korea office raided in burger probe: Reports Oct 18, 2017 12:32 PM IST

    McDonald's South Korea office raided in burger probe: Reports

    The Seoul central district prosecutors' office confiscated some documents and evidence at the office and three other companies, including an ingredient supplier, the reports said.

  • NCLT asks McDonald's to file reply in 10 days on contempt plea Sep 28, 2017 08:14 AM IST

    NCLT asks McDonald's to file reply in 10 days on contempt plea

    Bakshi had filed a contempt petition alleging that termination of the licence by the US-based food giant has violated the NCLT order dated July 13 which reinstated him as the Managing Director of CPRL and also refrained McDonald's Corporation from interfering with the functioning of CPRL.

  • McDonald's row: NCLAT to study LCIA award before further action Sep 21, 2017 03:59 PM IST

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

    While listing the matter on October 25, the appellate tribunal after hearing both the parties said it will go through the arbitration award by LCIA before proceeding on the matter.

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