Weeks after terminating franchise agreement with its Indian partner, McDonald's has reportedly said that from today Connaught Plaza Restaurants Ltd will not be authorized to use its names, trademarks and branding. McDonald's India had a 50:50 joint venture with CPRL that run 169 stores spreading across North and East India. The Economic Times reported that starting today, 169 McDonald's stores in north and east Indian region will face closure. "The ...
09-15-2017, 07:23 AM
169 McDonald's to shut today
Weeks after terminating franchise agreement with its Indian partner, McDonald's has reportedly said that from today Connaught Plaza Restaurants Ltd will not be authorized to use its names, trademarks and branding. McDonald's India had a 50:50 joint venture with CPRL that run 169 stores spreading across North and East India. The Economic Times reported that starting today, 169 McDonald's stores in north and east Indian region will face closure. "The ...
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