MAM
BeanstalkAsia creates brand campaign for Nepal’s Surya Life Insurance featuring celebrated singer Indira Joshi
MUMBAI: Aimed at creating awareness for the Life Insurance segment in Nepal, Surya Life Insurance – a leading player in the category in Nepal, roped in celebrated singer Indira Joshi –popular for being a judge on the Nepal Idol television show, as their Brand Ambassador earlier this year.
BeanstalkAsia has conceptualised and created a musical campaign utilising the full potential of the versatile and popular singer as the brand ambassador. The melodic brand song is young, peppy, positive and has a stickiness that people would love to hear and sing-along. While the brand song translates the ethos of the brand and conveys the promise of trust and service excellence, the brand film reflects the imagery of a happy and content family secured by Surya Life Insurance. Aptly captured by their positioning “Your Future, Our Responsibility.”
Explaining the campaign BeanstalkAsia founder Upendra Singh Thakur –r, said, “Firstly, there isn’t much product differentiation across Life Insurance companies as it’s a highly regulated industry. Secondly, life insurance as a category has a very poor awareness and weak penetration in general, hence there was a need for a campaign that catches attention and has stickiness. The sing-able brand song and film conveys the promise of trust and assurance of our service delivery and will help uplift and spread awareness about the category as well. The musical film written and directed by Mr. Janak Deep Parajuli, portrays a happy family/people picture, something that the Surya (which means the Sun in English) always emanates – warmth, brightness, protection and positivity.”
Speaking about the association with singer Indira Joshi Surya Life Insurance CEO Shiva Nath Pandey commented “It has been a delight to associate with Indira Joshi as the brand ambassador of Surya Life Insurance. She is a popular youth icon, and is a household name in Nepal . Her popularity coupled with her confident, dependable and trustworthy persona identify with the brand and make her a perfect brand fit. I am confident that a popular celebrity such a Indira Joshi will surely bring the category and its importance, to the public lime light and help create a strong positive brand imagery for Surya Life Insurance.”
BeanstalkAsia Nepal head of business, strategy and planning Suboh Thapa further added that, “As a first phase of this association, we have launched the brand campaign, positioned on the trust and assurance messaging, to grab mass attention and spread awareness about both the brand and the category. Presently the campaign will be promoted through the brand’s social media handles and through other digital mediums. Once the lockdown eases and more relaxations come in force, integrated approach across TV, print, radio, theatres and other strategic mediums will be rolled out. Going forward we have many activations planned with the mission to educate the people of Nepal on the many benefits of having a life insurance.”
BeanstalkAsia is a new age creative advertising and digital agency in India and we expanded our footprints to Nepal by setting-up our company and office in Kathmandu in 2019. Drawing from our varied and successful experiences in the Indian market in the fields of brand strategy, mainstream advertising, digital marketing, web-based solutions, mobile applications and high-end graphic design, BeanstalkAsia offers a series of similar services under the aegis of BeanstalkAsia Nepal managed by Mr. Aman Singh Pradhan as the local partner in Nepal.
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.
