The management expects the category to grow in a range of 20-30 percent and is taking strategic measures to achieve the same. Spreads including peanut butter grew by 19/21 percent in value and volume terms driven by measures undertaken by the company to regain its market share. … [Read more...] about Agro Tech Foods reports 25% fall in profit: Here are key highlights of analysts’ conference call
Bangladesh food security
In the quick service restaurant (QSR) space, Edelweiss expects Jubilant FoodWorks to clock 6 percent SSSG and remain optimistic on the overall QSR space, owing to its strong EDV offering, menu rejuvenation, listing issues of competitors on the food aggregator platforms and broader tailwind to the industry. … [Read more...] about Jubilant Food may report double-digit earnings growth on lower tax cost
For years now, Gogoi has been at the forefront of organising and voicing his opinion against anti-people moves in Assam, especially the protests against CAB-CAA. This made him a target of the government which arrested him in September 2017 under the controversial National Security Act, 1980. In December 2019, when the anti-CAA movement was gaining momentum, Gogoi was arrested once again allegedly in connection with Maoists extremists. Many allege that that arrest was aimed at removing a firebrand leader when the demand for an alternative regional political front in Assam was gaining momentum. Gogoi’s absence has given mileage to the ‘student’ group AASU, headed by Samujjal Bhattacharya. … [Read more...] about Politics | The many layers to anti-CAA protests in Assam
Earlier, Paswan had said this facility had been started in 12 states in the country on the first day of 2020. Andhra Pradesh, Telangana, Gujarat, Maharashtra, Haryana, Rajasthan, Karnataka, Kerala, Madhya Pradesh, Goa, Jharkhand and Tripura are 12 states where ration card portability was implemented from January 1, 2020. … [Read more...] about ‘One Nation One Card’ scheme to be implemented across India by June 1
Throughout my research for our new feature on Chipotle, which charts the company’s internal struggles as it attempts to revive sales and consumer trust, I encountered countless numbers of people who wondered whether they could return to eating the restaurant’s food without worry of getting sick. This lingering concern can be seen in the company’s financial performance: Chipotle lost nearly a third of its sales after the food-safety crisis. Morgan Stanley surveyed customers in January 2016, in the immediate aftermath of Chipotle’s E. coli outbreaks and before the CDC closed its investigation, and found that just 41% of customers considered the chain a safe place to eat. That percentage ticked up in a subsequent study in June but not enough to resemble anything close to a full recovery. “When 50-some-odd people contract E. coli, and you realize that you were responsible for that, it really—shooooooo,” says Chipotle co-CEO Steve Ells, deeply … [Read more...] about Is It Safe To Eat At Chipotle Now?