MAM
Goldkist International launches mobile training academy in Delhi
BANGALORE: Goldkist Group of Singapore, a distributor of O2, Sony Ericsson, Watch Data and Lexmark, has set up South East Asia’s first Mobile Technology Academy in Delhi to provide latest training in the field of mobile phone technology, sales & marketing and management.
The Goldkist Group has a turnover of $40 million per annum with operations in four countries namely India, Bangladesh, Nepal and Singapore and has strategic alliances in countries like Sri Lanka, Maldives, Cambodia, Hong Kong and Dubai.
Goldkist Mobile Academy (GMA) offers a one-year honors diploma program in mobile technology and management covering technical overview of mobile technology, hardware, servicing of handsets, sales & marketing, channel development, research & development, advertising and practically many more, states an official release.
“Mobile phone industry is the industry of present and future. Our educated youth needs to have the latest training in the knowledge-based technology. For such a huge industry, there is no such institute for imparting practical and relevant training in mobile phone technology in the country presently,” Goldkist MD HD Gupta, an NRI.
GMA Objectives covers various areas related with the mobile industry. Some of the highlights of the course include assured employment to the youths on completion of training and education, annual scholarship to financially weak students, overseas job placement for three best performing students along with other unique offers from GMA, claims the official release.
Students will have on the job training in companies, the top five students could expect a stint abroad for on the job training. Regular visit and lectures by MNC experts in mobile industry and sharing of real life experience from industry entrepreneurs are the other promised features, the release adds.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
