MAM
Nxtra by Airtel releases sustainability report for FY 23-24
Mumbai: Nxtra Data Ltd (“Nxtra by Airtel”), a subsidiary of Bharti Airtel (Airtel), today, unveiled the second edition of its Sustainability Report for FY 2023-24. The report highlights Nxtra’s consistent and increasing focus on environmental, social and governance (ESG) parameters. It details Nxtra’s initiatives for building future-ready, digitised infrastructure that is sustainable by design and engineered to accommodate high-density workloads and offer seamless scale to customers, thereby enabling their growth.
Nxtra by Airtel CEO Ashish Arora said, “The future of data centres lies in our ability to harmonise intelligent infrastructure with sustainability. Integrating innovative ESG initiatives into our business model and operations has been integral to our data centre build and operations from day one. As our sustainability report highlights, we have made consistent progress across all three sustainability parameters ‘environment, social and governance’ during the year and will continue to keep it as our core focus area.”
Key achievements of the year
• Transitioned to 220,541 MWh renewable energy usage in operations, 41 per cent higher than the last fiscal
• Reduced Scope 1 and 2 emissions by ~4 per cent compared to base year FY21 despite an increase of 25 per cent in power consumption
• Ensured consistent increase in women employees with 30 per cent more representation in the workplace
• With the aim of doubling women’s representation by FY26 from FY23, introduced the NxtWave initiative – a unique talent development programme for women in engineering
• Ensured 4.3 million safe man-hours in construction
• Facilitated promotion of responsible sourcing with 99 per cent local procurement.
The full report here:
Nxtra’s mission of building a future-ready data centre infrastructure is engineered around “Intelligent by Design and Sustainable by Choice” approach. To achieve net zero by 2031, Nxtra has been enabling “Sustainable Scaling” with increasing investments and initiatives around innovative clean energy, water and waste management sources to support its operations and build smart & resilient data centre facilities that have sustainability at its core. Today, Nxtra by Airtel has the largest network of data centres in India with 12 large and 120 edge data centres across the country. For more details,
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.
