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Jubilant Foodworks appoints Ashish Goenka as CFO

The board of Jubilant FoodWorks appointed Ashish Goenka as the chief financial officer (CFO) and key managerial personnel (KMP) of the company with effect from 17 February 2021. Ashish Goenka will lead Finance & Accounts, Financial Planning & Analysis, Management Assurance, Secretarial & Legal functions of Jubilant Foodworks. Goenka is a qualified Chartered Accountant, Company Secretary and MBA. He has 18 years of experience in finance & strategy with FMCG & Telecom Industry. The announcement was made after market hours yesterday, 17 February 2021. Shares of Jubilant FoodWorks are trading with gain of 0.48% at Rs 2,895.60 on BSE. Jubilant Foodworks is India s largest food service company. Its Domino s Pizza franchise extends across a network of 1,314 restaurants in 285 cities (as of 31 December 2020). The company also enjoys exclusive rights to develop and operate Dunkin Donuts restaurants in India, has in operation 27 restaurants across 8 cities in India (as of 31 December 202

Delivery-only restaurant brands see pandemic-fueled growth

Delivery-only brands — cooked in another brand's kitchen and often delivered by third parties like Uber Eats — were proliferating even before the pandemic. Big restaurant chains are now joining the fray, hoping to win new customers as traffic in their dining rooms dwindles. On Wednesday, Applebee’s is launching Cosmic Wings, a delivery-only brand that specializes in chicken wings and Cheetos-flavored dipping sauce.

Meat Substitute Market to Witness Huge Growth by 2026 | Beyond Meat, Quorn Foods, MGP Ingredients

Meat Substitute Market to Witness Huge Growth by 2026 | Beyond Meat, Quorn Foods, MGP Ingredients
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Westlife to continue expansion, open 25-30 new McDonald s stores in 2021-22

Westlife Development Ltd, which owns Hardcastle Restaurants, the master franchisee of McDonald s restaurants for western and southern India, expects its business to return to pre-COVID-19 level from the next quarter and continue its expansion journey by adding more stores to its network, said a company official. The company plans to open three new stores in this quarter and then resume its growth journey of adding 25-40 stores every year from the next fiscal. If the momentum of consumer confidence continues, we will achieve and hopefully exceed pre-COVID-19 levels in the next 2-3 months, Westlife Development Vice-Chairman Amit Jatia told PTI.

Jessica Simpson offers her sympathies for Subway s tuna confusion

Photo: Amy Sussman (Getty Images) Subway the fast food sandwich chain that’s still legally allowed to call its sandwich casings “bread” in an overwhelming majority of countries found itself in a new legal/PR quagmire this week, when a new lawsuit alleged that the “tuna” in its beloved tuna salad sandwiches, uh, wasn’t. Filed in Northern California, the complaint alleges that the “tuna” that oozes out of your delicious footlong tuna salad sandwich is, rather than that particular species of flavorful fish, a “mixture of various concoctions that do not constitute tuna, yet have been blended together by defendants to imitate the appearance of tuna,” and, more damningly, are alleged to be “not fish” according to comments made by the plaintiffs in the case to

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