MAM
Havas Media’s ‘digital at the core’ strategy has paid off, says Anita Nayyar
MUMBAI: Havas Media Group India posted a stellar performance in 2014. As per the company, it won new business worth over Rs 200 crore in 2014.
Last year witnessed the integrated business wins of clients like Emirates, World Kabaddi League Yepme, MTS (re-win), LIC, BBC, Borosil, Assetz Property Group, OCM India and Hi Care among others. Havas Media also won digital specific mandates of Xolo Mobiles, BusinessWorld and Starbucks.
The RECMA mid-year 2014 Qualitative Evaluation reported Havas Media India growing at 35 per cent, much higher than the industry average.
Havas Media India and south Asia CEO Anita Nayyar said, “Havas Media’s ‘digital at the core’ strategy has richly paid off. Our integrated offering and approach has been appreciated by our clients as well as prospects. Clients have loved our Meaningful Brands Study and the Meaningful Connections Planning process along with our challenger brand attitude has been the key differentiator in the market. However, we at Havas Media are not just about business but also about people. We are known as the ‘Happy Agency’ in the market and many of our ‘old employees’ are eager to join back the Havas family – this according to me is our greatest strength.”
“We are known in the industry for our passion and transparency. We ensure significant senior management involvement in all our clients. Our view of media is integrated and this is further demonstrated by the fact that most of our recent wins have all been integrated. 2015 is a new year with new challenges, however given our strong leadership we are all set to make this year too a remarkable one,” added Havas Media India MD Mohit Joshi.
The Havas Media Group India client roster includes Parle Products India, Hyundai Motor India, Quikr.com, LGE India, Tata Motors, VLCC, AMWAY Beauty, Taj Hotels, Dupont India, Sleepwell, R.K. Marble Group, Voltas India, Ista Hotels amongst others.
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.
