MAM
Infosys wins three awards at Nice comm event
MUMBAI: Infosys, a global leader in consulting, technology, outsourcing and next-generation services, has participation in six of the 32 Catalysts at TM Forum Live – winning three of the seven Catalyst Awards at the annual flagship communications industry event, held in Nice, France. The Awards recognized Infosys’ open innovation to co-create commercially viable prototypes of new digital services and business models.
The three winning Catalysts: A platform for IoT and Anything as a Service: This Catalyst focused on how operators can attract ecosystem partners to co-create new digital services beyond connectivity through the platform business model. Infosys worked with Vodafone and was recognized for its outstanding performance. The focus was on delivering agility, experience and efficiency to communication service providers and exposing TM Forum Open APIs to third party developers to create new revenue streams enabled by network slicing, edge computing and a service marketplace.
“This Catalyst has brought several leading industry players together to show how platform business models together with orchestration and closed-loop assurance can deliver innovative new services and new revenue streams to our industry,” said Dr. Lester Thomas, Chief Systems Architect, Vodafone Group. “Infosys played an invaluable role in the overall architecture, and in particular, defining the Open APIs and contributing enhancements to the Open API programme.”
Joint Agile Delivery – Phase II: In this Catalyst, Infosys was recognized for ‘Outstanding Use’ of TM Forum Assets and worked with AT&T, Orange, Telecom Italia. This Catalyst has been recognized for continuing efforts towards contributing APIs and processes to TM Forum and has a vision for a ‘standardized and platform-based’ approach to developing and delivering world-class software that capitalizes on cross-organizational synergies to dramatically improve time to market, quality and cost.
“Seamless Joint Agile Delivery across complex partner ecosystem is going to be key for rapid service innovation, delivery and operations. Infosys, along with other major industry partners, collaborated on this catalyst to provide a standardized and platform based approach for service validation and service assurance for Virtual Network Functions (VNFs) and associated Network Services from different suppliers,” said Michel Valette, Tests and Diagnostics Domain Manager, Orange & Stream Leader, Operations Centre of the Future, TM Forum. “Infosys leveraged their rich capabilities on machine learning and artificial intelligence to provide closed loop adaptive service assurance for dynamic network services coming from different partners.”
Logical Factory: Virtualizing Manufacturing for Agility: This Catalyst, developed with BT, Telecom Italia and TWI, built on a prior award-winning Catalyst – the Smart Industrial Manufacturing: Robots as a Service, which demonstrated the use of TMF’s Open-APIs in the Industrial Internet-of-Things domain to order and configure Robots-as-a-Service. In this enhanced version, the scope was expanded to the entire manufacturing and maintenance process lifecycle. TM Forum recognized this Catalyst project in the category for ‘Outstanding Ecosystem Design’ using CurateFx – TM Forum’s digital ecosystem design and management SaaS solution.
“Infosys’ commendable effort and focus in developing the concept played a key part in the team winning the ‘Outstanding Ecosystem Design Using CurateFx’,” said Darren Williams, Welding Systems Lead, TWI.
Nik Willets, Chief Executive Officer, TM Forum said, “Infosys has made significant investments to enhance its knowledge base in new and emerging technologies. Winning three awards for Catalyst projects proves that Infosys is a knowledge partner capable of defining next-generation products and services for communication service providers. The company is also an early adopter of TM Forum’s Open API initiative.”
Rajesh Krishnamurthy, President and Head of Energy, Utilities, Telecommunications and Services, Infosys said, “Our technology focus and collaboration with like-minded partners is accelerating innovation and delivering results.
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.
