MAM
Goldi Solar partners with Mumbai Indians as official solar energy partner
Mumbai: Goldi Solar, a quality-conscious solar brand, has announced its partnership with Mumbai Indians, five-time champions, as their official partner and official solar energy partner for the season. This collaboration signifies Goldi Solar’s dedication to driving the growth of the solar industry in India and contributing to the nation’s goal of achieving 100 per cent reliance on renewable energy by 2070. Moreover, the partnership aims to raise awareness nationwide and establish Goldi Solar as a household name.
Aligned with Mumbai Indians’ passion and excitement, Goldi Solar is focused on promoting the adoption of renewable energy solutions while leveraging the spirit of cricket to advocate for a cleaner and greener future. Through this partnership, Goldi Solar will utilize its rights as the official partner of Mumbai Indians and run marketing engagement campaigns to connect with passionate cricket fans.
To engage with consumers, Goldi Solar will host a slew of promotional activities, including Instagram contests, with exciting giveaways like player signed bats, t-shirts, and match tickets for Mumbai Indians’ home games at Wankhede Stadium in Mumbai. Additionally, Goldi Solar will introduce co-branded merchandise and stationery items ensuring widespread visibility.
Expressing enthusiasm about the partnership, Goldi Solar Pvt Ltd founder & MD Capt Ishver Dholakiya commented, “The collaboration between Goldi Solar and Mumbai Indians is truly monumental. Cricket, renowned for its unifying essence, has the power to bring people of diverse cultures and ages together. Partnering with Mumbai Indians, an iconic franchise that has captured the hearts of millions, presents an incredible opportunity for Goldi Solar to extend its reach and impact across the nation. At Goldi Solar, we uphold values of quality, resilience, innovation, and excellence, values exemplified by the Mumbai Indians team both on and off the field.”
A Mumbai Indians spokesperson said, “We are glad to have Goldi Solar come on board as a partner whose focus is on having a strong impact on the society. With the partnership, Goldi Solar will be able to reach out to our MI Paltan and drive impactful storytelling.”
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.
