In an unprecedented move, the infighting between Connaught Plaza Restaurants (CPRL), the 50:50 local joint venture between Vikram Bakshi and the US-headquartered McDonald's that operates the fast food chain in north and east India, and the global burger giant took an ugly turn with the CPRL board deciding to shut down 43 out of 55 restaurants in Delhi from Thursday.
"It's unfortunate, but operation of 43 restaurants operated by CPRL has been temporarily suspended," said Vikram Bakshi, former managing director of CPRL, which operates 168 restaurants.
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"It's unfortunate, but operation of 43 restaurants operated by CPRL has been temporarily suspended," said Vikram Bakshi, former managing director of CPRL, which operates 168 restaurants.
Read more at: http://economictimes.indiatimes.com/articleshow/59360373.cms?utm_source=APPusers&utm_medium=whatsappshare&utm_campaign=socialsharebutton&from=mdr&utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst