Vikram Bakshi no longer McDonald’s MD (north & east)
31 Aug 2013 11:12 PM GMT
Fast food chain McDonald’s India on Friday said that Vikram Bakshi, the managing director of its joint venture — Connaught Plaza Restaurants — responsible for operations in the north and east region of the country, has ceased to occupy the position. In a public notice the company said: ‘Vikram Bakshi has ceased to be the managing director of Connaught Plaza Restaurants pursuant to expiration of Bakshi’s term on 17 July.’
The Connaught Plaza Restaurants is McDonald India’s 50:50 joint venture with Bakshi and operates over 150 McDonald’s restaurants in northern and eastern India under a non-exclusive license. When contacted, McDonald’s India refused to comment further on the matter.‘This is an internal matter of the company... and we would not like to comment any further,’ a statement from McDonald’s India said.
The Connaught Plaza Restaurants is McDonald India’s 50:50 joint venture with Bakshi and operates over 150 McDonald’s restaurants in northern and eastern India under a non-exclusive license. When contacted, McDonald’s India refused to comment further on the matter.‘This is an internal matter of the company... and we would not like to comment any further,’ a statement from McDonald’s India said.
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