No great rock bands come from Columbus, Ohio, says Cameron Mitchell, the city’s most celebrated restaurateur. Mitchell has built his empire by understanding his hometown’s safe distance from the cutting edge. advertisement advertisement “We don’t have any preconceived notions. Maybe if you’re on the coasts you already think you’re cool, you already think you know everything.” Mitchell says. “We don’t want to be so avant-garde or so hot that we alienate people. We have to, by our nature, appeal to the masses.” As a hub of national restaurant and fashion brands, Columbus has developed a civic specialty in absorbing coastal excesses and distilling them into mass product. For decades, Ohio’s capital has also been known as a test market where restaurant pros audition new products before rolling them out nationwide. The tastebuds of the city’s students and harried families stand in for those of the nation. … [Read more...] about Maestro Of The Midwest: For The Future Of American Eating, Look To Columbus
Pinot noir 67 00
Finance Minister Nirmala Sitharaman said 43.22 percent of unaccounted cash seized in FY20 was in the form of Rs 2,000 notes. But the same number was over 60 percent in the previous two fiscals, indicating a declining preference for the note, Sitharaman said in a written reply to a question in the Rajya Sabha on November 19.In FY18, the Rs 2,000 notes made up 67.91 percent of unaccounted cash, while the same figure was 65.93 percent in FY19.Rs 2,000 denomination notes were introduced in November 2016 post-demonetisation when the Rs 500 and Rs 1,000 notes were scrapped.Close The data, provided by the Income Tax Department, is based on an analysis of cases of cash seizures of over Rs 5 crore during the past three fiscals. related news 'No comments', says Sonia Gandhi on political developments in Maharashtra NAFED tenders to purchase 100,000 tonnes corn: Trade "To bring transparency in the source of funding to political parties, the provisions of section 13A of the Act have … [Read more...] about Rs 2,000 notes form bulk of unaccounted cash: Nirmala Sitharaman
Amid talk of a slowdown in the consumer segment and a poor showing by most FMCG players in 2019, Dabur has managed to log decent gains.The stock had outperformed benchmark Sensex in three out of five calendar years, including 2019 so far, data from Ace Equity shows.Close Some of Dabur's FMCG peers such as Emami, Godrej Consumer Products and Britannia have lost 25 percent, 21 percent and 14 percent, respectively, of their market value in the calendar year 2019 so far. related news Green shoots in the telecom sector? Sensex hits a new high, 4 factors that could be fuelling optimism Brokerages bullish on ICICI Bank, see 20% further upside despite rallying 44% in last 9 months What helped Dabur endure the slowdown headwind?Brokerage Centrum Broking said in a recent report that the company's management was of the view that its power brand strategy yielded good results and helped it achieve revenue momentum supported by 11 percent volume growth in FY19 and 9.6 … [Read more...] about This stock has outperformed Sensex in 3 out of 5 calendar years. Is it still a strong story?
Yes Bank share price gained over three percent in intraday trade on November 20. The stock had fallen by a similar amount in early trade after the Reserve Bank said the bank had under-reported its bad loans.The company is a press release to the exchanges on November 19 disclosed that the divergence in gross and net NPAs as of March 31 stood at Rs 3,277 crore and Rs 2,299 crore, respectively.The management intends to convene board meeting by November-end to finalise its capital raising plans.Close The bank clarified that the incremental gross NPA of Rs 2,018 crore is across four accounts, of which exposure of Rs 1,041 crore across three accounts was internally rated and disclosed as 'BB & Below' as on September 30, the bank said in another release. related news Kalpataru Power sells subsidiary, share price rises 6% Shree Cements share price rises 4% after fixing floor price for QIP D-Street Buzz: Nifty Pharma outperforms led by Sun Pharma; Zee Ent, … [Read more...] about Yes Bank share price reverses early losses on NPA divergence, up 3%
The festive cheer was visible on D-Street in the last hour of the trading session as bulls helped the market to reverse losses. The Sensex recouped losses, rising 37 points to 39,058; while the Nifty closed 1.30 point higher at 11,583.For the week, the Nifty closed flat with negative bias down 0.75 percent while the Sensex fell 0.6 percent for the week ended October 25. Experts feel that in the coming week a lot of action will be centred on banking stocks. After stellar numbers from State Bank of India, more PSBs will declare their results in the coming week.Corporate earnings have been muted throughout the year and are expected to be tepid in the near to medium-term as well. Earnings risks continue to be tilted to the downside on account of the underlying weak demand scenario, the uneven asset quality trends in financials and the deflationary trends in commodity prices.Close "For 2QFY20, we expect Nifty sales/PAT to decline by 2-8 percent. The silver lining is that the … [Read more...] about Earnings hits and misses: Top 10 companies September quarter results this week