MAM
Coca Cola wins Cannes Lions 2013 Creative Marketer of the Year award
MUMBAI: Global beverage giant, The Coca-Cola Company, has been chosen as the recipient of the Creative Marketer of the Year Award at Cannes Lions 2013. The award comes as recognition of the company‘s history of promoting creative excellence in its communications and marketing endeavours.
The award, earlier known as the Advertiser of the Year Award, is presented to brands that have distinguished themselves by inspiring innovative marketing of their products across multiple platforms and who embrace and encourage creativity in their brand communications produced by their agencies.
The Coca-Cola Company won its first Cannes Lion way back in 1967 and has won more than 100 Lions for different advertising and communication disciplines since then. It won the Design Grand Prix in 2008 for the US entry Coca-Cola Identity and in 2012 it won the Outdoor Grand Prix for its Coke Hands initiative in China.
Cannes Lions chief executive Phillip Thomas said, “The Coca-Cola Company‘s restless pursuit of creative innovation in the marketing of its brands across multiple platforms in many different territories has been honoured at Cannes for many years. Most noticeable, when looking at its Lion winners, there is the perfect balance between the careful, consistent management of global brands and freedom given to local teams to adapt and innovate for their markets.”
Coca-Cola Company executive vice president and chief marketing and commercial officer Joe Tripodi of said, “Creativity has been and always will be at the heart of our brands. It fuels our business – with consumers, customers, fans, agencies and partners all over the world. We are honoured by this recognition and grateful to our agencies and partners who inspire and make us better.”
Since the manufacture of the now famous contour bottle in 1916, Coca-Cola has consistently maintained a strong brand identity with a focus on design. The company‘s advertising, always an important and exciting part of its business, came into its own in the 1970s with the brand‘s iconic 1971 Hilltop commercial – where a group of young people from all over the world gathered on a hilltop in Italy to sing “I‘d Like to Buy the World a Coke.”
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.
