Food

Key reasons for weak Q1FY21 performance: (1) Steep decline in sales to B2B segment (i.e. HoReCa segment and ingredient user industry) due to lockdown. However, there was some recovery in in-home consumption, (2) Lower sales of SMP with decline in SMP prices and (3) 220bps lower EBITDA margin due to consumption of higher priced inventory carried from earlier quarters. We expect the (1) revenues of core products (paneer, cheese, ghee etc.) to gradually recover Q2FY21 onwards, (2) There will be slower recovery in HoReCa segment, (3) Liquid milk segment is expected to reported single digit growth in FY21 and (4) with reduction in milk procurement prices, EBITDA margin is likely to expand to 9.6% in FY22 from 8.7% in FY20. … [Read more...] about Hold Parag Milk Foods: target of Rs 104: ICICI Securities

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. … [Read more...] about COVID-19 Impact | Seven ways the pandemic has changed how we shop for food

Gandhi raised this issue once again during the parliamentary committee meet on defence that was convened a day after Indian and Chinese foreign ministers deliberated on the border skirmishes along the Line of Actual Control (LAC) in Ladakh. While the talks did not yield much vis-à-vis easing the tension or disengaging the troops, both sides did stress on the need to thaw the tension. … [Read more...] about Why different food for jawans and officers at border posts: Rahul Gandhi

September 2020 marks the 35th International Coastal Cleanup. This year, Ocean Conservancy is encouraging volunteers to do individual or socially distant cleanups or, if people don’t feel comfortable going out in the pandemic, the nonprofit has suggestions for how they can take action at home. Ocean Conservancy has also updated the app volunteers use to catalogue the trash to include a new category for PPE, so we can better understand how those items are impacting our environment. … [Read more...] about Food wrappers just passed cigarette butts as the most common beach trash

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine. … [Read more...] about Coronavirus pandemic | 65 staffers of Haryana’s Sukhdev Dhaba test COVID-19 positive