MAM
Cannes Lions 2014: Grey, JWT only Indian agencies making it to Press Lions shortlist
MUMBAI: Last year 37 Indian entries had got shortlisted in the Press Lions category, but this year the numbers have been disappointing. Only three entries each from Grey and JWT have made it to the Press Lions shortlist this year.
Grey’s campaign ‘Choo-Choo’, ‘Remote Control’ and ‘Camera’ for Duracell Batteries have qualified for the finals under the ‘Household Category.’ The other three entries that made it to the finals are JWT India’s ‘Ouse’, ‘Antique’ and ‘Music’ campaign for Godrej Security Solutions. These campaigns qualified under ‘Home Appliances & Furnishings’ subcategory.
Around 472 entries have made it to the Press Lions shortlist. The Press Lions was introduced in 1992. Since 2002, the festival has recognised Press and Outdoor as separate advertising media, awarding each their own Grand Prix.
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.
