MAM
India leads shortlists race at Asian Marketing Effectiveness & Strategy Awards
MUMBAI: The shortlists for the 13th edition of the Asian Marketing Effectiveness and Strategy Awards perched India at the top with maximum shortlists across the APAC region. With 63 shortlists to its credit, India leads the table followed by China, which has 52 shortlists to its name and Australia with 41.
This was after the AMES Awards received a total of 1,100 entries of which a total of 289 entries were shortlisted.
Already leading the tally for the region, India received a huge boost in numbers through Lowe Lintas + Partners that recorded 17 shortlists for the country. Mindshare India followed with 11 shortlists, while PHD recorded seven shortlists.
The highlight of the performance by Lowe Lintas + Partners was it bagging 15 shortlists in the Effectiveness category, which is the highest for any agency in the APAC region.
The categories against which the entries were shortlisted include: Effectiveness, Media Strategy, Digital Strategy, Data & Analytics, and E-commerce – which was a new category introduced this year reflective of its growth & dominance in the APAC region.
The Asian Marketing Effectiveness and Strategy Awards honour clients and their agencies for marketing strategies that deliver solid results to transform businesses and brands. The annual awards are evaluated by a panel of top client and agency professionals who review the submissions against stringent criteria to determine the winners.
Commenting on the good show put up by the agency at AMES 2015, Lowe Lintas + Partners national planning director S Subramanyeswar said, “AMES is one of the most prestigious effectiveness awards in the Asia Pacific region for strategies that deliver results and transform businesses for brands. With 17 shortlists, we’ve managed to profile India as the market that breeds innovative strategies that deliver on campaign effectiveness across diverse product categories. We’re hopeful of pulling off a good show on the awards night.”
The AMES 2015 Awards will be held on 3 June 2015 at the Grand Hyatt Singapore along with the AMES Conference scheduled on the same day.
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.
