MAM
ASBL marks a decade of Kuchipudi grace with culture-centric community vision
HYDERABAD: In Hyderabad, the real estate brand partnered with NrityaPriya Dance Academy as its Cultural Partner to celebrate the academy’s 10th anniversary at Bharatiya Vidya Bhavan, King Koti. The Krishna-themed evening brought together more than 500 students, alumni, and art lovers to honour a decade of excellence in the classical Kuchipudi dance form.
The celebration showcased a line-up of soulful performances, including Ambaparaku, Ganesha Pancharatnam, Jayadeva Ashtapadi, and Nauka Charitam, each capturing the expressive storytelling and divine elegance that define India’s classical heritage. The event also featured felicitations for esteemed cultural icons, among them Central Sangeet Natak Akademi awardee Maddali Usha Gayatri. ASBL’s founder and CEO Ajitesh Korupolu, attended as chief guest.
“Culture is the soul of a community,” Korupolu said. “As we build modern living spaces, we believe it’s just as important to build emotional and cultural connections within them. Our partnership with NrityaPriya reflects our commitment to celebrate India’s heritage and ensure art and togetherness remain part of contemporary life.”
The association forms part of ASBL’s broader mission to weave culture into the rhythm of urban living. Through workshops, community art initiatives, and cultural engagements at its existing and upcoming projects, ASBL aims to create neighbourhoods where residents don’t just reside, they belong.
For the brand, art and architecture play complementary roles: both inspire, connect, and create meaning. By supporting institutions like NrityaPriya, ASBL continues to honour India’s artistic legacy while helping communities rediscover the joy of shared experiences.
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.
