MAM
BookMyShow opens gates to IPL tickets; Partners exclusively with top four teams
MUMBAI: Packed stadia, cheering crowds rooting for their favourite player and team, the sound of the bat hitting the ball for a boundary, the anxiety of the last over and to top it all, the iconic IPL tune. If you haven’t experienced the thrill of a T20 game from the stands in a nail-biting finish, have you really watched it at all?
Skip the queues and block your tickets on India’s leading entertainment destination, BookMyShow, to witness all the action live. BookMyShow has tied up with four of the top VIVO IPL 2019 teams as their exclusive ticketing partner.
Fans from across the country and beyond can book their tickets on BookMyShow to watch reigning champions Chennai Super Kings, Mumbai Indians, Kolkata Knight Riders, Chennai Super Kings and Rajasthan Royals live in action on their home grounds. Registrations for tickets to home boys Mumbai Indians' games go live today with public ticket sales kick-starting March 9th.
With this partnership, BookMyShow owns 50% of the entire ticket inventory for IPL 2019.
Through its compelling partnership with leading IPL teams across the league’s previous seasons, the platform has helped franchises steadily grow in scale and size, as millions of BookMyShow users throng to the stadium each year to watch their favourite match live.
Albert Almeida, COO – Live Entertainment, BookMyShow said, “We are excited to continue our association with the leading teams at IPL this year too. The four teams include defending champions Chennai Super Kings, the stellar Kolkata Knight Riders, house favourites Mumbai Indians and the champion challengers Rajasthan Royals. We are delighted to partner with each of these teams and provide their fans with BookMyShow’s unmatched suite of services. With IPL 2019, we look forward to upping the ante and providing a great seamless experience for the millions of fans right from the time they log onto our platform and until they leave each venue. May each game be more exciting than the other and fans have the time of their lives. May the best team win!”
BookMyShow will focus on engaging with crazy cricket fans across various online & offline campaigns throughout this 12th edition of IPL.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
