GST extended to Jammu and Kashmir amidst opposition boycott

GST

McDonald's outlets will reopen when the required licences have been


LATEST NEWS : US fast food chain McDonald's 43 outlets in the national capital operated without valid 'health licences' for nearly three months from April 1, its estranged India partner Vikram Bakshi has alleged.

Last month, McDonald's had decided to shut down 43 of the total 55 outlets here due to failure to renew eating house licences.

Bakshi, an equal joint venture partner of McDonald's India Pvt Ltd (MIPL) in Connaught Plaza Restaurants Ltd (CPRL), the licensee for North and East India regions, said licences had expired on March 31.

"From April 1 to June 27, 2017, we did not have any health licence, it's absolutely correct," Bakshi told PTI.

He has been at loggerheads with McDonald's since 2013 when he was removed as the managing director of CPRL and is contesting it at legal forums, including the London Court of Arbitration.

Bakshi said the health licence was necessary from local municipal bodies to run the restaurants for water hygiene and proper maintenance of food, among others.
READ THIS: I'm just not lovin' it - McDonald's fracas is sad, could have been averted

Comments

Post a Comment

Popular posts from this blog

Tigor launched at Rs 4.7 lakh: Tata eyes a seat in Swift Dzire's market

Image
It comes in four variants in the price range of Rs 4.7 lakh to Rs 6.19 lakh Upping the ante in the crowded compact sedan category,  Tata Motors  on Wednesday launched Tata Tigor , its third product in the tax-efficient sub-four metre sedan segment. The biggest selling point for Tigor is its aggressive pricing. At Rs 4.7 lakh for the base petrol variant, Tigor is now the cheapest compact sedan in the country and even undercuts Tata’s existing models. For example, the largest-selling car in the segment - Swift Dzire - starts at Rs 5.27 lakh, while the base petrol version of Indigo CS, from the Tata stable, is priced at Rs 5.03 lakh. Besides Indigo CS, Tata Motors also sells the Zest in the segment, but has not been able to break the dominance of Maruti Suzuki’s Swift Dzire in the category. The compact sedan and hatchback category, accounted for over 40% of car sales in January 2017, at over 114,000 units. Maruti accounted for 56,000 cars in the category, with Swift D...
Read more

Xiaomi Redmi 4 goes on sale at 12 on Amazon: Here's all you need to know

Image
The Redmi 4 is a capable smartphone with a perfect screen size and resolution. Watch hands-on review Xiaomi's latest budget offering, the Xiaomi Redmi 4 , is going on sale at 12 noon on Tuesday, exclusively on Amazon India. In the first flash sale that took place on May 23, the smartphone had seen a huge interest from buyers and registered a record sales number of a whopping 250,000 units within the first eight minutes. According to Amazon.in, the Xiaomi Redmi 4 had recorded more than 10 million hits per minute on the site, after having received some 2.3 million ‘notify me’ alerts from customers since the launch announcement on May 16. Read this: Strike today: Chemists down shutters across India, protest e-platform plan The dual-sim budget smartphone with VoLTE capabilities is the latest offering from Xiaomi and offers an all-round performance. The Xiaomi Redmi 4 smartphone is available in three storage and RAM options – 16GB/2GB, 32GB/3GB and 64GB/4GB -- which ...
Read more

Axis Bank approves re-appointment of Shikha Sharma as CEO

Image
Her current term comes to an end in June 2018 LATEST NEWS :      Shikha Sharma has been re-appointed as MD&CEO of Axis Bank for three-year term from June 2018, putting to rest rumours about her being sounded out to head Tata's financial services vertical. Axis Bank informed Bombay Stock Exchange that board of directors has approved the re-appointment. The board held its meeting on 26th July, 2017. The appointment is subject to compliance with the prescribed formalities and receipt of requisite regulatory/ statutory approvals, the private lender said. Axis  had appointed an executive search firm to carry work on zeroing in on CEO to head the bank after her current term was to end in June 2018. Earlier in the day Sharma told media:  “The appointment of a search firm was in the interest of best governance, given that I would have done nine years with the bank in June 2018. It does not preclude anything about whether I will d...
Read more