Let Them Have Cake
Showcase Modern Breads reports sick, but it's actually on the road to recovery
Updated on:
Worries | Reality |
Large chunk of the workforce will be retrenched after takeover by HLL in February 2000 Many ancillaries and franchisees will be closed down Company has been referred to the BIFR Declining sales and lack of growth
| No employee has been fired after February
2000. Salaries have increased. Eight more ancillaries have been added after
the HLL takeover Issue mere technicality. No rehab package sought. Sales decline checked. Premium product added.
|
Shantanu Guha Ray and Arijit Barman