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Britannia Marie Gold & IIS launch ‘HerSpark’ to ignite women’s sports careers
MUMBAI: Some sparks start wildfires, and Britannia Marie Gold, in partnership with the Inspire Institute of Sport (IIS), has just ignited one with ‘HerSpark’—a groundbreaking sports scholarship programme exclusively for women athletes in India. Designed to scout, train, and propel future champions, this initiative provides a fully funded three year scholarship worth Rs 45 lakh to young women eager to break barriers in boxing, swimming, judo, athletics, and parasports.
Through this initiative, female athletes across India will gain access to world-class training, coaching, lodging, nutrition, and educational opportunities. And it gets even better—athletes will train under legendary Olympians and Continental champions, including Mamuka Kizilashvili (Judo) and Yoandris Betanzos Francis (Athletics), ensuring they receive the highest level of mentorship.
HerSpark isn’t for the faint-hearted—it’s designed to find the best. The selection process unfolds across multiple stages:
. Over 1,000 shortlisted athletes will compete in round one selection trials at IIS centres across India.
. Those who qualify will advance to two-day regional selection camps at eight key locations.
. The top contenders will undergo an exclusive three-week elite training camp at IIS Vijayanagar.
. Only the best will win the coveted three-year scholarship—setting them on a path to national and international glory.
The HerSpark scholarship is open to Indian female athletes aged 14 and above. Minors (under 18) require parental or guardian consent. Applications are available via the official HerSpark website.
Britannia Marie Gold has long been a champion for women’s empowerment, leading initiatives such as HerStartup and Her.Store to foster financial independence and entrepreneurship. Britannia Industries general manager – marketing Siddharth Gupta reaffirmed this commitment, “Britannia Marie Gold believes that every woman possesses an innate spark—the potential to achieve more. With ‘HerSpark,’ we extend this commitment to sports, providing young female athletes with the opportunity, training, and mentorship they need to reach their highest potential.”
IIS president Manisha Malhotra echoed this enthusiasm, “We at IIS are thrilled to join hands with Britannia Marie Gold—a brand that is doing so much to empower women. Through this partnership, we are launching a nationwide scouting programme to identify young female athletes and equip them with the skills and guidance needed to succeed on the biggest stage. We cannot wait to see the success that comes out of this effort.”
Founded by JSW Group, the Inspire Institute of Sport is a privately funded Olympic Sport Programme with a high-performance centre in Vijayanagar and satellite centres across Manipur, Haryana, Himachal Pradesh, and Odisha.
With HerSpark, Britannia Marie Gold and IIS are not just offering scholarships—they are shaping the next generation of champions. So, young women of India, are you ready to unleash your spark?
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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.
