MAM
Kyoorius announces second edition of Kyoorius Design Awards
MUMBAI: In its second year, Kyoorius in association with D&AD, will recognise work through Kyoorius Design Awards.
The awards night promises to be a celebration of Indian design across a breadth of disciplines such as branding & identity, communication design, book design, editorial design, design for space, packaging and writing for design. In addition to these there are individual categories for design crafts such as illustration and typography, while the design for good category awards work that promotes social awareness.
Jury sessions comprised some of the best creative minds from across the world, who were flown down to Pune to judge the entries. The diverse six-member jury comprised Johnson banks creative director Foreman Michael Johnson, Anonymous creative director Felix Ng– creative director, FITCH creative director Brandon McCormick , Alok Nanda & Company founder & CEO Alok Nanda, Lopez Design CEO & principal designer Anthony Lopez and Trapeze co-founder Ram Sinam .
Out of the 680 entries submitted, a total of 72 in-book winners have been announced who will go on to be nominated for Blue or Black Elephants. In-book winners include work by leading design studios and consultancies, including Alok Nanda & Company, Umbrella Design, Redlion, Curry Nation, Chlorophyll Brand and Communications Consultancy, Kulture Shop, Bombay Duck Designs, Locopopo, Trapeze, Lotus as well as agencies such as Ogilvy & Mather, Publicis India and Grey Worldwide.
Kyoorius founder CEO Rajesh Kejriwal commented, “We are trying to fuel a design movement in India through our continued efforts to expand the platform. The response for the Kyoorius Design Awards has doubled since last year and continues to grow thanks to the support and participation of the entire design fraternity. Jury members responded to work that had an added cultural nuance that made them distinctly Indian. They were especially impressed with the quality of writing in the work, which is one of our hidden strengths.”
The winners will be announced at an awards party on 13 September at Grand Hyatt in Goa.
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.
