Brands
Gulf Oil inks partnership pact with Manchester United
MUMBAI: Gulf Oil Lubricants India Ltd (GOLIL) announced that its parent company Gulf Oil International, a part of the Hinduja Group, had entered into its largest ever single partnership with Manchester United to become its global sponsor and official lubricant cum fuel retail partner till end of 2019 football season.
Spanning over three seasons, this multi-year partnership was signed by Gulf Oil International vice president Frank Rutten and Manchester United commercial director Jamie Reigle. “We were working on this deal for over a year and a half. International football is the biggest platform in the world, and Manchester United a celebrated brand, we couldn’t find a more fitting partner for association given our ambitious target across the world for 2020,” said Gulf Oil International vice president Frank Rutten.
The deal will give Gulf Oil International access to Manchester United assets including the club crest and player images and Gulf’s distinctive orange disc will feature on the Club’s digital perimeter boards during Premier League, FA Cup and League Cup matches at Old Trafford though it does not include jersey presence for the brand.
The company’s partnership with Manchester United is in addition to its existing global tie-ups with Milwaukee BMW, World Superbikes, the World Endurance Championship with the Gulf Racing Team and Porsche.
Commenting on this partnership’s mileage in the Indian market, GOLIL managing director Ravi Chawla added, “Gulf Oil’s association with the world of sports has been phenomenal right from motorsports to cricket, where we have partnered with the best of the best. It was therefore logical for us to team up with Manchester United in order to reiterate our brand’s core values of endurance, quality and passion. We look forward to leverage this interesting mix of football and cricket and leverage this partnership to increase consumer engagement with the brand, create new and exciting communication platforms that will emphasis the customer value propositions.”
The company expects the tie-up with Manchester United to augment its long-term association with cricket for enhancement and further strengthening of its brand equity amongst its customers, especially for personal mobility consumers who use two wheelers or passenger cars.
After cricket, football is the second most popular sport in India. In recent years with the emergence of domestic leagues, the popularity of the sport is growing exponentially to reach youth, not just in the metros but in the tier-1 and tier-2 cities as well. Moreover, viewership of English Premier League & other football tournaments is gaining momentum in India.
The partnership marks a further step in Gulf’s intent to strengthen its brand presence globally as well as enable it to engage with Manchester United’s worldwide fan base, including 325 million followers in Asia, which Gulf sees as a major focus area with a strong presence in India and rapidly developing businesses in China, the Middle East and Indonesia.
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.
