The stock of Westlife Development shot up on bourses amid reports that the company may be a front-runner in getting the rights to operate more McDonald restaurants in the North and East.
Westlife Development through its unit Hardcastle Restaurants owns master franchisee rights of McDonald’s in West and South India.
McDonald has snapped its franchisee agreement with Connaught Plaza Restaurants. Connaught Plaza Restaurants (CPRL) owned 169 outlets in total, including 43 in and around Delhi that have already been shut down..
Westlife Development through its unit Hardcastle Restaurants owns master franchisee rights of McDonald’s in West and South India.
McDonald has snapped its franchisee agreement with Connaught Plaza Restaurants. Connaught Plaza Restaurants (CPRL) owned 169 outlets in total, including 43 in and around Delhi that have already been shut down..
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