Brands
Ola powers festive cheer with EVs from Rs 49,999 in ‘Muhurat Mahotsav’
MUMBAI: The EV giant has rolled out its ‘Ola celebrates India’ campaign, unveiling a special ‘Muhurat mahotsav’ with scooters and motorcycles now starting at just Rs 49,999 for nine days beginning 23 September.
In true festive fashion, the deals are available in limited numbers each day on a first-come, first-served basis, with Muhurat time-slots announced fresh every morning across Ola’s social media handles.
As part of the offer, the ‘S1 x 2kwh’ scooter and ‘Roadster x 2.5kw’ motorcycle will be priced at Rs 49,999, while the higher-powered ‘S1 pro+ 5.2kwh’ and ‘Roadster x+ 9.1kwh’: both featuring Ola’s advanced 4680 bharat cell battery packs will be available at Rs 99,999.
“With Ola celebrates India, we’re combining progress, culture, and accessibility in a way that resonates with the festive spirit,” an Ola Electric spokesperson said. “This is not just about attractive prices, it’s about making world-class EVs accessible to every Indian household while celebrating our identity.”
The campaign builds on Ola’s larger EV portfolio, which includes premium scooters like the S1 pro plus (5.2kwh, 4kwh) and mass-market models such as the S1 x plus (4kwh) and S1 x (2kwh–4kwh), priced from Rs 81,999 to Rs 1,69,999. The Roadster x motorcycle lineup, meanwhile, spans models from Rs 99,999 to Rs 1,27,499.
The company also used its annual ‘Sankalp’ event to showcase its future roadmap, announcing deliveries of bharat cell-integrated scooters and motorcycles this Navratri, alongside its big leap into the sports scooter category with the new S1 pro sport, arriving in January 2026.
With ‘Ola Celebrates India,’ the company isn’t just cutting prices, it’s revving up festive sentiment and recharging the nation’s journey towards electrified mobility.
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.
