Brands
AccorHotels & Adlabs to open integrated hotel & resort on 16 September
MUMBAI: AccorHotels is all set to open an integrated hotel and resort property – Novotel Imagica Khopoli on 16 September. Located in the Sahyadri Hills near theme parks of Adlabs Imagica and Aquamagica in Maharashtra, the hotel, which is accessible via the Mumbai – Pune Expressway, is owned by the Adlabs Group and managed by AccorHotels.
In its opening phase, the hotel features 116 rooms, which overlook the park, pool as well as the Sahyadri Hills. The hotel plans to add another 171 rooms and suites later this year, which will also comprise rooms for specially-abled patrons. By the first quarter of 2016, the hotel plans to have an inventory of 287 rooms. Additionally, there are 20 interconnected rooms on each floor catering to larger family groups.
Novotel Imagica Khopoli also features a large meeting space with a pillar-less ballroom that can accommodate approximately 460 guests. The hotel is also home to a bar and four restaurants, which offer a selection of cuisines.
AccorHotels India senior vice president – operations Jean-Michel Cassé said, “The opening of Novotel Imagica Khopoli strengthens our position in the Indian market in line with the brand’s growth strategy. The launch follows the growing trend of integrated hotels with theme parks, along with the brand’s assurance and service standards.”
Adlabs Imagica’s Pooja Shetty Deora added, “We are delighted to be associated with the Novotel brand in India, and are confident that the first theme park property under AccorHotels will prove to be the preferred choice for families and holiday makers. Guests can re-live their childhood memories and treat their children to numerous marquee characters around the hotel.”
To celebrate its opening, the hotel is offering one Superior room night stay with breakfast for two and theme park entry to Adlabs Imagica and Aquamagica park at Rs 10,500 on weekdays and Rs 13,300 on weekends.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
