MAM
Manhattan Digital bags Kuoni India’s digital biz
MUMBAI: Manhattan Digital has been awarded the digital mandate of travel and tourism company Kuoni India‘s mainstream holidays and MICE (meetings, incentives, conferences, and exhibitions) businesses.
The agency won this account through a multi- agency pitch.
According to Kuoni India deputy COO – Tour Operating Vishal Suri, the company has now decided to foray into the online and digital space. It has appointed Manhattan Digital to help create presence in web and social media space.
“With the line-up of new initiatives in 2013, the company is looking at making its presence felt in web space as well. The aspiration is not to become an “Online Travel Agency” but be relevant to the new age, tech savvy consumer and to complement its offline business,” Suri added.
Manhattan Communications India co-promoter and director Shantonu Aditya said, “We are thrilled to bag this prestigious account. As leaders in this category, we look forward to working with Kuoni on many innovative and creative solutions in the coming months.”
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.
