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McDonald's temporarily shuts down 160 outlets; buys out Vikram Bakshi

This marks the end of an association between McDonald's and Vikram Bakshi. He was the first to open a McDonald's restaurant in India

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McDonald's. Representational Picture

McDonald's. Representational Picture

United States fast-food chain McDonald's Corp. and it's estranged partner in India Vikram Bakshi ended their 6-year-long dispute after the former bought out the latter's 50 per cent stake in the Connaught Plaza Restaurants Ltd joint venture.

This marks the end of an association between McDonald's and Vikram Bakshi. He was the first to open a McDonald's restaurant in India, when he did so in the mid-90s. Furthermore, the brand expanded to more than 160 restaurants in North and Eastern regions of the country.

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