Brands
Fast&up Mumbai Walkathon draws 5,000 participants in grand debut
MUMBAI: The inaugural Fast&up Mumbai Walkathon witnessed an overwhelming response, with over 5,000 participants taking to the streets to celebrate fitness, community spirit, and the simple joy of walking.
Flagged off from JVPD Grounds, the event was graced by distinguished personalities, including Brihanmumbai Municipal Corporation (BMC), municipal commissioner, Bhushan Gagrani, IAS officer; Maharashtra Naval Area, flag officer commanding, rear admiral Anil Jaggi; Maharashtra Police, former commissioner, Dhanushkodi Sivanandhan; Fast&up, CFO, Shilpa Khanna; and JustwalkIndia, co-founder, Vinay Bhartia. The scenic route took walkers past film legend Amitabh Bachchan’s residence, along juhu beach, before looping back to the starting point.
The event featured three walk categories,
– Ten kilometre pro walk (6:00 am) attracted 42 per cent of participants.
– Five kilometre family walk (6:20 am) the most popular segment, with 44 per cent of walkers.
– Three kilometre fun walk (6:40 am) 14 per cent of participants enjoyed a leisurely stroll.
A major highlight of the walkathon was the participation of 10 individuals with prosthetic legs, showcasing resilience and determination. Women outnumbered men across all categories, making up 52 per cent of the total participants.
Among the most inspiring walkers was 75-year-old Urmila Bhatia, who urged the younger generation to step away from screens and embrace an active lifestyle. Additionally, eight participants marked their birthdays at the event, making fitness a part of their celebrations.
Wheelchair participant Niranjan Jadhav commended the initiative, saying, “Events like this inspire confidence and encourage people of all abilities to stay active.”
As the walkathon clocked an impressive 44 billion steps, it reinforced fitness as a way of life. JustwalkIndia co-founder Vinay said, “Our goal is to provide a platform for citizens to begin their fitness journey. This turnout has been truly humbling.”
The Fast&up Mumbai Walkathon concluded on an energetic note, leaving behind a legacy of inspiration, camaraderie, and a renewed commitment to fitness setting the stage for even larger editions in the years to come.
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.
