Brands
Gallant serves up a smash with padel complex
MUMBAI: Game, set, match! Gallant Sports has just scored big. The sports infrastructure pioneer has unveiled one of India’s largest four-court padel complexes at the Jindal Steel Plant in Angul, giving the country’s fastest-growing racquet sport a grand new stage.
Spanning nearly 10,000 square feet, the all-weather facility sets a new benchmark in design and quality. Built to international standards, each panoramic court features galvanised steel framing, 12mm tempered glass for crystal-clear visibility and high-performance artificial turf for that perfect bounce. The complex is illuminated by advanced LED lighting, ensuring the rallies don’t stop when the sun goes down.
Awarded in May 2025 and completed by September, the project reflects Gallant’s signature precision and speed. “Delivering a project of this scale and quality for a prestigious client like Jindal is a moment of immense pride,” said Gallant Sports & Infra founder and CEO Nasir Ali. “Padel is the fastest-growing racquet sport globally, and this complex puts Jindal’s township on the map as a premier sporting destination.”
More than a showcase of engineering excellence, the facility aims to bring communities together through sport, fitness and friendly competition. With playability ensured year-round and courts that meet every international specification, this padel paradise is ready to rally the region.
From steel to serves, Jindal’s latest addition proves that when it comes to passion and precision, Gallant Sports always plays to win.
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.
