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Bolero gets a bold new gear at Raj Vehicles Mohali

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MUMBAI: Old favourite, new swagger! The Mahindra Bolero is back on the road with a bolder look and a comfier ride. Raj Vehicles, Mohali’s authorised Mahindra dealership, has rolled out the all-new Bolero range, featuring top-end variants Bolero B8 and Bolero Neo N11.

Priced between Rs 7.99 lakh and Rs 9.99 lakh (ex-showroom Mohali), the refreshed Bolero lineup blends rugged charm with modern touches. Think a redesigned grille, stylish diamond-cut R15 alloys, and a striking new stealth black colour that gives the SUV an unmistakable presence.

Inside, the Bolero now pampers its passengers with 17.8 cm and 22.8 cm touchscreen infotainment systems, plush leatherette upholstery, Rideflo tech, and improved seat contours for all-day comfort.

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“The Mahindra Bolero continues to symbolise strength, trust, and versatility,” said Raj Vehicles Mohali managing director Rajvinder Singh. “With its modern styling and advanced features, the new Bolero and Bolero Neo set new benchmarks while retaining their iconic rugged DNA.”

Celebrating 25 years on Indian roads, the Bolero remains a trusted companion for both city drives and countryside trails. Powered by the Mhawk75 and Mhawk100 diesel engines, the new models deliver power-packed performance with impressive fuel efficiency.

Bookings and test drives for the new Mahindra Bolero range are now open exclusively at Raj Vehicles, Mohali, where strength meets style in true Bolero fashion.

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Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal

Tax authorities flag alleged misclassification of restaurant services

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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.

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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.

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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.

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