MAM
LG launches complete range of Notebooks
BANGALORE: LG Electronics India Pvt. Limited has launched Notebooks ranging from Entry-level to the Premium segment, which includes nine models.
They are: LM70, LS70, LW60, LW70, LW40, LU20, LT20 and GSC50. These latest offerings are in addition to LG’s wide range of products in the IT segment. The notebooks are priced between Rs 38,000 – Rs 115,000.
The premium range of notebooks are wide-screen “Express series” which will redefine the usage experience. The models LW40, LW60 and LW70 are embodiments of state-of-the-art technology and are targeted at the performance and feature-conscious customers.
The LW express series is equipped with Dothan CPU supporting 533MHz FSB, Mobile Intel 915 express chipset, Azalia 24bit audio, DDRII memory and Intel Wireless LAN as standard features. LW series also comes with 14.1″,15.4″and 17.1″wide screen options with the functionality of Remote Control and Instant-on function.
The Tablet PC comes with Intel Centrino technology, dual quad-band antenna, state-of-the-art digital pen, 160° wide-view LCD viewing angle with ergonomic and stylish design powered by Microsoft WindowsXP Tablet PC Edition which enables hand writing recognition through the convenience of a stylus.
The LT20 is targeted at mobile professionals with a sense of individual style. This model from LG has won the “Red-dot” design award.
“Our focus has always been on new technology offerings suited to the needs of Indian consumers. With this launch we are trying to reach to the maximum number of people across segments. These notebooks boast of highest speed and power and also come in an ultra thin and light design with stylish slim bodylines, which adds artistic value to consumers’ taste. It is LG’s constant endeavor to bring out latest cutting edge technology products to the Indian market, said LGEIL general manager sales and marketing – IT products R Manikandan.
McCann Erickson will handle the creatives of the products. The TVCs will showcase all the products from the computer division but the focus will be more on the Notebook range. However, no specific campaign has been planned as yet.
The company is targeting the higher end segment customer and Manikandan is confident of boosting LG’s notebook sales count to 11,000 units by the end of 2005 and expects revenues from the Notebook stream to Rs 600 million.
The LG Notebooks ads have already appeared in some magazines. The company plans to have below the line (BTL) activities to promote sales, which will include direct sales to corporate customers.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
