MAM
Madison PR picks up Hays Group account
MUMBAI: Hays Group, a consultancy firm that focusses on organisations and people issues, has awarded its PR duties to Madison PR. A multi agency pitch that involved three agencies was conducted by the PRCAI ( Public Relations council of India).
The Hays group is headquartered in Philadelphia and has over 70 offices all over the world. The consultancy firm set up shop in India only three months ago.
Says Madison PR CEO Veena Gidwani, “The client essentially liked our strategy as well as our profile of work that we have done in the past. As regards to the scope of the account, the role is to increase awareness and the company’s equity in the Indian market as well as to profile their key services.”
Currently Madison PR enjoys a client list of the like of P&G, Sify Online, IOC, Cafe Coffee Day and many more.
Speaking to Indiantelevision.com, Hays Group operations manager India, Gaurav Lahiri says, “Madison seemed to understand our needs better and were a lot more responsive which was the core issue.” Although, the PR agency have been taken on a retainer basis for the first three months months and thereafter an in-depth evaluation which may then lead to a more specific contract.
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.
