You are here

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

An Indian man reading notices displayed outside a closed McDonald's outlet in New Delhi. McDonald's said its partner violated "certain essential obligations" of the agreement, including the payment of royalties.


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...

Market voices on: