Friday, April 26

Search Results for: mcdonald

McDonald’s Running its Indian Business Amid all The Losses

The world’s largest fast-food chain McDonald’s is reportedly facing a huge amount of loss in India. McDonald’s India has announced its biggest loss amounting to INR 305 crore in the financial year ending in March 2017, after canceling the investments in Connaught Plaza Restaurants (CPRL) which ought to be its licensee partner. All this was […]

McDonald Flip its Golden Logo ‘M to W’ on Women’s Day

The leading food retail chain in the world McDonald flip its logo from ‘M to W’ in one of its outlet in California. The spokesperson of McDonald said that flipping our trademark symbol from ‘M’ to ‘W’ is showing the mark of respect for women and “celebration of women everywhere.” Though many people questions on the motive […]

McDonalds Vs Bakshi: NCLAT To Study LCIA Award Before Further Action

The National Company Law Appellate Tribunal (NCLAT) today said it will study the award of the London Court of International Arbitration (LCIA) that asked McDonalds estranged partner Vikram Bakshi to sell his stake in the JV firm CPRL to the US-based fast food chain last week.

McDonalds Dispute Puts Channel Partners At A Sticky Spot

Food and raw material suppliers, mall operators and employees of McDonalds 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 Vikram Bakshi.

McDonald’s Going To Auction China, HK stores, Could Fetch Up to $3 Billion Deal

McDonald’s has received more than half a dozen bids for its China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina, in an auction that could fetch up to $3 billion, people familiar with the matter said. Buyout firms including Bain Capital, TPG Capital and Carlyle Group are also participating in […]

McDonalds May Shift Some Jobs to India in Cost-Cutting Move

Fast food giant McDonalds may be planning to outsource jobs to India as part of a USD 500 million cost reduction plan it announced last November, a media report said. A report said McDonalds is shedding jobs as part of a USD 500 million cost reduction spearheaded by Chief Executive Steve Easterbrook. “McDonald is also […]