MAM
Mumbai City FC names DafaNews principal partner for ISL 2024-25
Mumbai: Mumbai City FC has partnered with DafaNews as the club’s principal partner for the upcoming 2024-25 Indian Super League (ISL) season. As part of this expanded collaboration, DafaNews will be the official back-of-shirt partner for Mumbai City FC. Their branding will be displayed exclusively on the back of the first-team shirts throughout the season.
In addition to their presence on the team kits, DafaNews will have a visible presence at the Club’s training facility at NMSA, Vashi, Navi Mumbai. The partnership will also integrate DafaNews into the Club’s digital content, offering fans engaging media and exclusive behind-the-scenes insights during the ISL 2024-25 season.
Mumbai City FC CEO Kandarp Chandra said, “It’s exciting to have DafaNews back as our Principal Partner for the 2024-25 season. As our previous partner, DafaNews has shown a strong commitment to Indian football and its fans, and their continued support reflects our common goals. Together, we look forward to elevating the fan experience through both on-field excitement and innovative digital content as we head into another competitive ISL season.”
DafaNews manager Joao Coimbra Tavares said, “We are thrilled to strengthen our Partnership with Mumbai City. Having worked together before, we have seen the passion and dedication of the club! We believe Mumbai City plays a big role in the Indian Football evolution and we want to support it the best way we can. We look forward to building on our shared successes and supporting Mumbai City FC in what promises to be an exciting season.”
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.
