MAM
Ad Club Bangalore all set for the Big Bang Awards
BENGALURU: The Advertising Club Bangalore, which has received a record number of 956 entries this year from Bangalore, Mumbai, Delhi NCR, Chennai, Kochi, Trivandrum, Ahmadabad and Pune, has announced this year’s edition of Big Bang Awards.
Club Bangalore (The Ad Club) president Malavika Harita said, “We have received good number of entries almost across all categories. Digital advertising entries are on the rise, in keeping with the general trend in advertising”.
The Ad Club executive director Arvind Kumar said, “A unique thing that is being added to the awards night this year, is a panel discussion on the topic ‘Online killed the offline star –true or false ‘.” The panelists expected to be on the panel include Colors CEO Raj Nayak, Google India’s Puneetha Armugam, among others.
“Ad Club has roped in around 40 judges, who are judging the Big Bang entries this year, and each entry is being will be judged by a group of three judges, who are experts in their field of communication, to ensure there is fairness in the judging process” Arvind Kumar added.
The awards event, presented by Bangalore Mirror of The Times of India group for the fifth year in a row, will be held on 19 September at The Ritz Carlton Hotel, Bangalore. The other partners of the event include Colors – Viacom 18 Group, Image Library, Radio City, Exchange4Media, Ritz Carlton and Jagdish Advertising. The event is conceptualised and managed by DNA Networks.
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.
