CURRENT AFFAIRS

2016

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who has resigned as the Chief Executive Officer (CEO) of Jubilant FoodWorks Limited on 19 September 2016
A
Hari S Bhartia
B
Ramni Nirula
C
Ajay Kaul
D
Vishal Marwaha
Explanation: 

Detailed explanation-1: -today said its longtime Chief Executive Officer Ajay Kaul resigned from the company.

Detailed explanation-2: -Jubilant FoodWorks Ltd (JFL), on Monday, announced Sameer Khetarpal joined as its Chief Executive Officer and Managing Director. “Shareholders have approved his appointment in the 27th Annual General Meeting of the Company convened on August 30, 2022, ” said a statement from JFL.

Detailed explanation-3: -“Without dine in I don’t think we will attract new customers who over a period time will graduate to delivery and take-away, ” said Sameer Khetrapal, CEO & MD of Jubilant FoodWorks that operates brands like Domino’s Pizza in India.In the US, the ratio is 60% is delivery and 40% is take away from stores.

Detailed explanation-4: -Jubilant Foodworks Ltd. The company’s EBITDA (earnings before interest, tax, depreciation and amortisation) stood at Rs 290 crore, while margins declined 457 basis points to 22%. The performance during the quarter was mainly impacted due to high inflation.

There is 1 question to complete.