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Jockey launches Next Gen Inno-Wear for men

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MUMBAI: Time to rethink what’s beneath the surface! Jockey has unveiled its Next Gen Inno-Wear, expanding its men’s innerwear collection with bonded trunks designed for ultimate comfort and cutting-edge performance.

Crafted with advanced bonding technology, these seamless trunks eliminate traditional stitching, pairing with soft microfiber fabric for a chafe-free, smooth fit. The collection features Stayfresh technology for long-lasting freshness, a breathable mesh pouch for ventilation, and an ultra-soft, label-free waistband for irritation-free wear all day.

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“At Jockey, we know men want more than functionality, they want innerwear that keeps up with their fast-paced life,” said Jockey India chief marketing officer Nihal Rajan. “This collection combines innovation, adaptive comfort, and smart design, letting men move confidently through every part of the day.”

Designed as a precision-fit base layer, the Next Gen Inno-Wear trunks are perfect for commuting, collaborating, or workouts. The collection blends technology and style, offering men a seamless experience from morning to night.

The range is now available at Jockey exclusive outlets, leading retail stores, marketplaces, and online at www.jockey.in. With over a century of global legacy, Jockey continues to set benchmarks in premium innerwear, delivering style, quality, and innovation to meet the evolving needs of modern men. 
 

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Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal

Tax authorities flag alleged misclassification of restaurant services

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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.

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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.

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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.

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