Brands
Kaha Diamonds sparkles with a sustainable twist in Bengaluru
MUMBAI: Luxury just got a conscience. Kaha Diamonds, the homegrown new-age jewellery brand known for its exquisite lab-grown diamonds, has opened its flagship boutique in Bengaluru, redefining how modern India wears its sparkle.
Designed as more than a store, the boutique is a celebration of individuality and sustainability, offering customers a chance to customise fine jewellery that tells their own story. Each piece showcases intricate craftsmanship, ethical sourcing, and sustainable elegance, hallmarks of Kaha’s mission to make fine jewellery both meaningful and accessible.
Founded by Kashish Khivesara, Kaha Diamonds rests on a simple yet striking philosophy, true luxury should dazzle the heart and the planet. Every diamond is IGI-certified, E plus VVS graded, and hand-crafted with precision and clarity. The brand’s distinctive collections also feature rare coloured lab-grown diamonds in stunning pink, blue, and yellow hues, adding a modern vibrancy to timeless designs.
“We’ve seen how people are drawn to diamond jewellery that tells a tale and stands for something,” said Kaha Diamonds founder Kashish Khivesara. “Our Bengaluru boutique reflects this belief, blending craftsmanship, individuality, and sustainability into every sparkle.”
With plans to expand into other major Indian cities, Kaha Diamonds is setting a shining example of how modern luxury can be both beautiful and responsible, proving that brilliance doesn’t have to come at the Earth’s expense.
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.
