MAM
Indywood distribution network bags rights to distribute Prassthanam; releasing Soon In GCC
MUMBAI: Indywood Distribution Network now owns rights of distribution of the official Hindi remake of the 2010 Telugu film 'Prassthanam' and would be released in GCC soon. The much-awaited trailer of Sanjay Dutt'sPrassthanam was released on 29th August, 2019 and the film promises a lot of action and twists. The film, which is the official Hindi remake of the 2010 Telugu film of the same name, also features Manisha Koirala, Chunky Panday, Jackie Shroff, Ali Fazal and AmyraDastur.
The original Telugu film-Prassthanam featured Sharwanand, Sai Kumar, SundeepKishan and Ruby Parihar in pivotal roles. It was directed by Deva Katta, who has also helmed the Hindi version. Produced by MaanayataDutt (wife of Sanjay Dutt), the remake of Prassthanam will open in theatres on September 20.
The trailer which was released, shows a child asking Sanjay Dutt's character about the morality behind lord Rama killing Ravana and shows Sanjay Dutt fighting goons. Sanjay Dutt plays the role of BaldevPratap Singh, the head of a political family, and his two sons (played by Ali Fazal and Satyajeet Dubey) fight against each other to carry forward his legacy. Jackie Shroff proves his loyalty to Sanjay Dutt by supporting him throughout the political war.
Chunky Panday also plays a prominent role in the movie and shows a head-to-head political battle along with Sanjay Dutt with a glimpses of Manisha Koirala, Ali Fazal, Satyajeet Dubey and AmyraDastur. The plot of Prassthanam touched upon the story of Ramayana and Mahabharata to depict the choice of war between right and wrong even in this era.
With the intention to support art worth movies and share it worldwide, Sohan Roy's Indywood Distribution Network(IDN) focuses on 40 countries which includes U.S.A, Australia, New Zealand, Middle East and many other. Recently IDN successfully released a Marathi Movie named ' BABA' in South Korea and it was the first Marathi movie which was released in the country.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
