Brands
Eros Now named ‘Best OTT Platform of the Year 2019’ at British Asian Media Awards
MUMBAI: Eros Now, over-the-top (OTT) South Asian entertainment platform owned by Eros International Plc, won the prestigious ‘Best OTT Platform of the Year 2019’ at the British Asian Media Awards.
The prestigious award was presented to Eros Now at a ceremony held at the renowned Kings College, London in the presence of several prominent personalities, including Lord Swraj Paul, for entertaining South Asian audiences by offering an unparalleled library of over 11,000 films, original web-series, music and short format content.
The British Asian Media Awards aim to acknowledge emerging trends and felicitate campaigns that have transcended and connected with the South Asian audience through various mediums. Eros Now, referred to as one the pioneers in the OTT category for its exclusive and compelling content, caters to all age groups.
Commenting on the prestigious win, Eros Digital CEO Rishika Lulla Singh said, “We are delighted for this significant recognition at the British Asian Media Awards. This demonstrates Eros Now’s unprecedented leadership and popular offering for the South Asian diaspora. The win further emphasizes our constant endeavour to deliver the best of entertainment to the growing demand for digital content.”
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.
