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Infosys Foundation, GoSports expand athlete support with ‘Gear for Gold’
BENGALURU: Infosys Foundation and GoSports Foundation have expanded their high-performance sports partnership, upgrading the earlier ‘Girls for Gold’ initiative into the broader and more inclusive ‘Gear for Gold’ programme. The refreshed effort now supports male, female and para-athletes, aiming to build a sharper, science-led talent pipeline through stronger academies and better training systems.
The programme will focus on six disciplines: badminton, table tennis, weightlifting, boxing, athletics and shooting, using an academy-first approach. Support includes infrastructure upgrades, modern conditioning and recovery systems, advanced equipment, scholarships, coaching, competition exposure and guidance on nutrition and injury management. Workshops, certifications and global exposure visits are designed to raise the capabilities of athletes, coaches and staff.
Since 2022, the partnership has assisted five academies: Lakshya Shooting Club, the Mary Kom Regional Boxing Foundation, the Raman TT High Performance Centre, the Sathish Sivalingam Sports Foundation and the Yadav Pro Badminton Academy. Three more: Usha School of Athletics, the Karnam Malleswari Foundation and the Malik Badminton Academy, join the programme this year.
These interventions have delivered 15 international and 58 national medals so far. Standout performers include shooter Ojasvi Thakur, shooter Isha Taksale, table-tennis prospect Ahona Ray, badminton player Hithaishree L Rajaiah and track athlete Anjali PV.
Sumit Virmani, trustee at Infosys Foundation, said the expansion reinforces its commitment to “holistic and inclusive” athlete development. Nandan Kamath, founder and managing trustee at GoSports Foundation, said the new phase will help identify and nurture promising athletes across India through “environments powered by sports sciences.”
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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.
