“The government of India has taken a very good and bold decision to lower the taxation for the consumer and this will go a long way in the eating out,” Anjan Chatterjee, Founder & MD of Speciality Restaurants told CNBC-TV18.
In an interview to CNBC-TV18, Rajesh Kumar Mohta, CFO of Speciality Restaurants spoke about the latest happenings in the company and the rollout of goods and services tax (GST).
The government has said that paying service charge on food bill is not compulsory and customers can choose to have it waived if not satisfied with the experience. In an interview to CNBC-TV18, Anjan Chatterjee, Founder & MD of Speciality Restaurants shared his views on this particular directive from the government.
The move will help bring incremental tax income into the government's kitty and generate employment, says Kumar Rajagopalan of Retailer Association of India.
Anjan Chatterjee, founder and MD of Speciality Restaurants says the fourth quarter so far is panning out to be flattish since discretionary spends are not very encouraging
Anjan Chatterjee, Founder & Managing Director of Speciality Restaurants says that the focus, he says, is shifting from â€˜fine dining‘ to â€˜fun dining‘, which will be an important focus area for the company.
According to Anjan Chatterjee of Speciality Restaurants the third quarter showed a marked improvement after many sluggish quarters.
In an interview to CNBC-TV18, Anjan Chatterjee gives an insight on how their food business has been performing. He says their discretionary spending has been under pressure.