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Indian navy riders embark on 1,649 km Dare2 rally with Bajaj Auto
MUMBAI: In a celebration of daring spirit and patriotism, 15 Indian Navy riders began the 1,649 km Dare2 rally on Bajaj Auto’s Pulsar NS400Z motorcycles. The journey, from Visakhapatnam to Ayodhya, started on 13 January 2025, and aims to connect the armed forces with local communities while inspiring youth to serve the nation.
Flagged off by vice-admiral Sameer Saxena, AVSM, NM, chief of staff, Eastern Naval Command, at the Eastern Fleet Headquarters, the rally’s route includes key stops like INS Chilka, a vital maritime defense post.
Bajaj Auto president of marketing Sumeet Narang expressed pride in supporting the armed forces, stating, “Our collaboration inspires youth to follow the selfless path of serving the nation.” Vice Admiral Saxena lauded the partnership for fostering unity and patriotism.
The Pulsar NS400Z, known for its performance and versatility, enables riders to navigate diverse terrains with ease. The rally concludes on 26 January 2025, at the Dogra regiment in Ayodhya, marking India’s seventh sixth Republic Day and honoring the armed forces’ role in national unity.
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.
