May 09, 2019 08:10 PM IST
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.
- Mar 28, 2019 04:42 PM IST
The data will help McDonald's customise its Drive Thru menus based on time of day, weather, current restaurant traffic and trending menu items.
- Oct 26, 2018 02:05 PM IST
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.
- Oct 01, 2018 03:35 PM IST
Preliminary investigations show that HUL has not passed on GST benefits to the tune of Rs 495.71 crore to the consumers
- Aug 14, 2018 03:39 PM IST
As part of McDonald’s “Experience of the Future” remodel, table services and increased digital ordering options have been introduced
- Jul 23, 2018 03:46 PM IST
The company started its pilot project last year with Unicon Biofuels and has so far scaled it up to cover 85 restaurants in Mumbai
- Jun 26, 2018 05:14 PM IST
Plastic straws are among the top ten types of litter around the world
- Jun 11, 2018 04:37 PM IST
Gandhi was addressing a crowd at the OBC Sammelan organised in the national capital
- Jun 04, 2018 04:43 PM IST
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
- Apr 03, 2018 05:30 PM IST
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.
- Apr 03, 2018 02:56 PM IST
The company is planning to make investments of Rs 800-1000 crore in the next 1-2 years
- Jan 22, 2018 01:30 PM IST
A two-member bench of the NCLT headed by its President Justice M M kumar listed the matter for hearing on February 7, 2018.
- Jan 11, 2018 02:21 PM IST
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.
- Jan 10, 2018 08:15 PM IST
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.
- Jan 10, 2018 03:38 PM IST
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.
- Jan 10, 2018 01:47 PM IST
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.
- Dec 30, 2017 04:31 PM IST
DG Safeguards has asked these firms to provide their balance sheet, trial balance and profit and loss account for last one year
- Dec 28, 2017 09:20 PM IST
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.
- Dec 26, 2017 09:55 AM IST
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.
- Nov 17, 2017 11:18 AM IST
McDonald's blamed withdrawal of input tax credit which has resulted in increased operating costs
- Nov 07, 2017 03:12 PM IST
The new commercial, titled ‘Growing Up’, shows various flaws of Apple phones in comparison to Samsung’s Galaxy series
- Oct 23, 2017 08:30 PM IST
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.
- Oct 18, 2017 12:32 PM IST
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.
- Sep 28, 2017 08:14 AM IST
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.
- Sep 21, 2017 03:59 PM IST
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.