McDonald's cuts ties with India franchisee after feud

But move takes a big bite out of fast food giant's operations in the country

Published Tue, Aug 22, 2017 · 09:50 PM

    Mumbai

    MCDONALD'S Corp's battle with one of its two India franchisees escalated after the fast food giant moved to terminate an agreement involving more than a third of its restaurants there.

    The Indian unit of McDonald's said on Monday it ended a pact with Connaught Plaza Restaurants Pvt, a joint venture that operates 169 outlets in the northern and eastern regions of the world's second-most populous nation.