MAM
Arise India to invest Rs 50 crore on multi-media campaigns
NEW DELHI: Arise India, the manufacturer of electrical goods and LED television, has committed to invest Rs 50 crore on an all-out multi-media campaign to create positive brand imagery in the dynamic inverter and batteries market in the country.
Arise India will invest this sum into creating a greater brand presence across major media vehicles and will include participation across high-visibility mediums like Cricket and Cinema.
The Indian UPS market which a recent Frost & Sullivan report says will be worth US$ 1316.5 million by this year, is currently dominated by a select few players, whom Arise India seeks to challenge with its cutting-edge technology and market trust. Brand Arise is already a dominant force in the Indian electrical goods markets and has recently made a gigantic entry into the LED Television market. It is thus in an effort to expand its business presence and create a significant hold in the inverter & batteries market that Arise has committed its ambitious multi-media investment.
Arise India will channelise this investment into various media vehicles like print, television and radio presence, on-ground activations, BTL campaigns, outdoor campaigns and digital marketing. It will also seek to garner huge eyeball catchment in ways of promotions and associations with cricket matches, cinema advertisements and Bollywood platforms.
Arise India MD Avinash Jain said, “This significant investment of Rs. 50 crore is in line with our commitment to expand significantly across various verticals of the Indian electrical goods market. Today visibility is the greatest marketing tool for the sustenance of any business entity and our investment is geared towards providing the brand with a critical brand visibility.”
“In the coming times, Arise India’s brand image will be spread across multi-media vehicles with which we aim to reach a greater audience, and showcase our product range to them. Today, the inverters & battery market in the country is a very dynamic entity with its worth expanding exponentially. It is this market that we target with our presence. Our multi-media campaign will help us in entering the customer mindset and impress upon them our foray and the impressive range of products that we bring in to them,” he added.
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.
