Brands
Infosys named leader and star performer in Everest Group Adobe Services 2025
AI-powered Infosys Aster boosts marketing magic, driving growth and efficiency
BENGALURU: Infosys has been named a Leader and Star Performer in the Everest Group Adobe Services Peak Matrix Assessment 2025, highlighting its growing influence in the global Adobe services arena.
The assessment looked at 33 service providers, and Infosys impressed with its strong market adoption, growing Adobe services revenue, and expanding footprint across North America and Europe.
Infosys has been recognised for handling large, complex Adobe programmes with ease, backed by advisory expertise, a global delivery network, certified talent, and wide-ranging product specialisations. Its collaboration with Adobe has led to AI-first marketing transformations, powered by Infosys Aster. The AI-amplified suite helps businesses unify customer experience, personalise content, and streamline workflows for measurable growth.
Infosys executive vice president of global services Joydeep Mukherjee said, “Marketing is in the midst of a revolution. AI is changing the game, helping brands connect with audiences, personalise experiences, and drive growth. With Infosys Aster and Adobe solutions, marketing and IT can work together as a single engine for business success.”
Everest Group partner Nitish Mittal added, “The Adobe services market is booming as AI-driven personalisation and consulting-led transformation reshape how enterprises engage customers. Infosys stands out for its capability, innovation, and client impact, earning its spot as a Leader and Star Performer.”
With AI at the heart of its strategy, Infosys is not just keeping pace but setting the tempo for next-generation digital marketing.
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.
