McDonald’s cancels franchises for 169 restaurants in India

MCDONALD’S has terminated franchise agreements for 169 stores across the country’s north and east, claiming that its partner — Connaught Plaza Restaurants Limited (CPRL) — had broken the terms of their contract. It also accused the franchisee of failing to pay royalties it owes McDonald’s. “The situation lasted almost two years during which McDonald’s India […]

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