RESTAURANT LICENSES SUSPENSION
The food Indians buy is changing, and so is the scrutiny of what companies promise
India's Food Safety and Standards Authority of India has issued over 150 notices to various food and beverage companies. These notices address misleading advertisements, false claims, and labeling violations concerning multiple products. Regulatory actions involve well-known brands like ITC, AWL Agri Business, Dabur, and Hindustan Unilever. Additionally, serious food-safety violations have been flagged against companies like Priyagold and Dodla Dairy.
Is your 'world-class' really worthwhile?
India’s obsession with calling everything “world-class” often outpaces its willingness to uphold the standards that make excellence possible. From filthy restaurant kitchens to encroached pavements, leaky exams and everyday jugaad, the pursuit of a developed India demands more than grand aspirations. It requires accepting the discipline, accountability and sacrifices that genuine quality entails.
FDA suspends food licences of IRCTC supplier, 3 ISKCON establishments in Mumbai
The Maharashtra FDA has taken decisive action by suspending food licenses due to hygiene and safety breaches. A supplier linked with IRCTC was found with cockroach infestations, leading to the suspension. Additionally, three ISKCON establishments faced license suspensions, alongside other eateries facing recommended suspensions for similar offenses amid a broader state-wide initiative to ensure food safety.
Popularity was never my goal; what matters is public health: FDA Commissioner Tukaram Mundhe
Maharashtra FDA Commissioner Tukaram Mundhe prioritizes public health over personal popularity. He has taken action against 12,083 establishments for various food safety violations. Hygiene, raw material quality, and manpower are common restaurant violations identified. Online food platforms are also considered food business operators and have faced action.
FDA suspends licenses of five restaurants at Mumbai Cricket Association over hygiene issues
Maharashtra Food and Drug Administration suspended five restaurant licenses due to hygiene concerns. The FDA also urged consumers to avoid unsealed edible oil, citing safety issues. This action follows the Chief Minister's directive to frame standard operating procedures. These procedures aim to prevent edible oil adulteration while protecting traditional businesses. The government seeks a balanced approach between strict enforcement and vendor livelihoods.
Indian food safety officer Tukaram Mundhe shakes up Mumbai, one viral raid at a time
Tukaram Mundhe is leading an unprecedented food safety crackdown across Mumbai. His teams have conducted over 3,000 raids, inspecting numerous food businesses. Lapses found include poor hygiene and expired food items, shocking many citizens. Mundhe's actions have garnered public admiration and some business criticism.
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FSSAI licence suspended for Chhatrapati Sambhajinagar restaurant after major violations discovered
The Food and Drug Administration suspended a Chhatrapati Sambhajinagar establishment's license due to hygiene issues. Inspectors found foul-smelling paneer and unlabeled food items during a surprise inspection. Vegetables were chopped near toilets, and cooking oil was repeatedly overheated.
Maharashtra FDA suspends licences of Radio Club, Khar Gymkhana, 11 others for violation of hygiene norm
The Maharashtra Food and Drug Administration (FDA) has suspended the food business licences of Bombay Presidency Radio Club, a McDonald’s outlet in south Mumbai and 12 other food establishments across the state for alleged food safety and hygiene violations.
Dehradun army officer killing: CM Pushkar Singh Dhami vows no compromise on law and order
Dehradun authorities are cracking down on crime after a retired army officer's killing. Chief Minister Pushkar Singh Dhami has suspended officials and ordered a statewide crackdown on illegal activities. Police are increasing patrols and monitoring bars and restaurants to curb late-night disturbances. Strict action will be taken against those who break the law and officers who neglect their duties.
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 36%
Whether it is a bullish or bearish market, there are times when the Nifty and Sensex don't reflect the actual sentiment. We are currently in such a phase. And to understand the real market sentiment, one needs to look at market breadth – that too over a period of time. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of at least 25%
After a year of clear bearish bias, it appears that Nifty and Sensex are making serious attempts to move out into a different territory. Now, the big question is: Which sector will lead this breakout? There are many contenders. And another question: Which sector will sustain the upward movement when it starts? The answer is clear, the sector or sectors where the probability of Q3 earning numbers being good are high. So, look forward to the coming earnings season.
Hotels, restaurants, pubs under FSSAI's intense scrutiny over adulterated paneer
Food regulator FSSAI has directed states to take strict action against eateries serving adulterated paneer, with potential license cancellation and unit closure. This intensified surveillance aims to trace adulteration sources and illegal supply chains, following a nationwide crackdown revealing fake paneer made from starch and oil.
Goa tourism minister calls for strict compliance after Arpora nightclub fire kills 25
Goa tourism Minister Rohan Khaunte, expressing grief over the deadly fire at a restaurant-club in Goa's Arpora, said that all tourist places should ensure proper compliances.
As Nifty & Sensex move higher, these large-cap stocks have ‘strong buy’, ‘buy’ recos, with an upside potential of more than 28%
Here’s an old market saying that we like to quote often: Even when the bulls are in control, you can never write off the bears. Why? Because profit-booking is an integral part of the market, and it will happen at regular intervals, sometimes in the form of volatile corrections. At this point, the bias is toward the bulls. And this bias may become more pronounced in the near future. But it does not mean that you should be reckless. As an investor, it is important to track the fundamental developments in sectors and stay with fundamentally good stocks.
Lawyer named Mark Zuckerberg sues Meta for shutting his accounts over impersonation
Mark Zuckerberg, an Indianapolis lawyer, is suing Meta. He shares a name with the tech giant's CEO. Facebook repeatedly suspended his accounts. The platform accused him of impersonation. This caused business losses. He wants Meta to stop the shutdowns. He also seeks compensation for damages. Meta acknowledges the lawsuit and is investigating the matter.
When mailing a letter to the U.S. becomes a global headache
Global postal services halt mail to the United States. This follows President Trump's decision on duty exemptions. Thailand Post and others suspend services. This impacts individuals and businesses. Brian West faces issues renewing his license. Adam Christopher struggles to send bookplates. Tonya Kemp's candy supply is disrupted. Filipino Christmas gifts may face duties. Giovanni Castro's business is threatened.
Dry days in Delhi: National capital to observe two back-to-back no-alcohol days on Independence Day and Janmashtami
Delhi will observe consecutive dry days this week, with liquor shops closed on August 15 for Independence Day and August 16 for Janmashtami, as per the Delhi government's excise department order.
FDA suspends licence of Pune's famous 'Cafe Goodluck': Here's everything about the glass controversy
The Maharashtra FDA has suspended the license of Pune's popular Cafe Goodluck due to hygiene and safety concerns. This action was taken after a video circulated on social media allegedly showing glass pieces in a bun served at the restaurant. An inspection confirmed unhygienic conditions, leading to the suspension until compliance is ensured.
Weekly Top mid and smallcap picks: These mid and smallcap stocks scored 10 on 10 on Stock Reports Plus
Stock Reports Plus, powered by Refinitiv, undertakes detailed company analysis for 4,000+ listed stocks. In addition to detailed company analysis, the report also collates analysts’ forecasts and trend analysis for each component. An average score in Stock Reports Plus is calculated by undertaking quantitative analysis of five key investment tools - earnings, fundamentals, relative valuation, risk and price momentum.
FSSAI verifies McDonald’s India uses 100% real cheese: Westlife Foodworld
Food Safety and Standards Authority of India(FSSAI) confirms McDonald's India uses real cheese. Maharashtra govt plans to inspect all McDonald's outlets. Westlife Foodworld actively engages with authorities, adheres to food standards, remains committed to transparency in ingredients and providing high-quality meals.
Nifty Midcap Select: Are analyst projections an indication of an impending correction?
Corrections or what a phase of profit booking is something which is very common and healthy in the markets. The question is whether the correction should be used as an opportunity to take fresh positions or not. In the last couple of weeks a debate has started on the street that large cap stocks have done nothing in the last two years, whereas mid-cap has given stellar returns during the same period. The question is whether one should expect the same performance to continue or should one go by logic that because something has done well in the last two years the law of averages will prevail which essentially means that there is a low probability the same returns will come in the next one or two years.
WWE Hall of Fame Hulk Hogan's son Nick Hogan arrested
WWE veteran Hulk Hogan's son Nick Hogan was arrested but later released.
Midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
Midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts
ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
Even as bears stay in control of Nifty, midcap stocks with ‘strong buy’ & ‘buy’ ratings can rally over 25%, say analysts
Nifty in a correction mode and how much time it will stay in that mode, it is anyone's guess. For all those who are busy guessing how things will pan out for markets and how much time will this correction last. A small reminder, corrections are part and parcel of markets. We are now approaching the end of the earning season and there is always a reset across various market sectors and market cap segments. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". This predefined screener is only available to ET Prime users.
Registration certificate to run 'Khan Chacha' and 'Town Hall' restaurants cancelled: Navneet Kalra tells HC
Kalra had challenged the May 11 order-cum-show cause notice issued by the Joint Commissioner of Police (Licensing) and the subsequent suspension of the registration certificate to run the two eateries in Khan Market
NRAI writes to FM; seeks financial bailout package; restoration of input tax credit, deferment of advance tax payments
The letter requests total and immediate deferment of statutory dues inclusive of GST, advance tax payments, PF, customs duties at the central government level and state excise, renewal of liquor licenses, and VAT at the state level for a period of twelve months.
Why Budweiser and its bankers failed to sell the king of IPOs
AB InBev’s setback can be explained at least partly by shifting trends in China.
Maintain proper record of liquor served: Delhi govt to hotels,clubs, restaurants
It said strict compliance to the order is solicited from all licensees of these establishments with 15 days, failing which action deemed fit may be initiated, including suspension or cancellation of license.
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