Brands
OYO launches OYO Wizard to give discounts to members
MUMBAI: South Asia’s largest hotel chain OYO has launched OYO Wizard, a new membership program designed to recognise and reward frequent customers.
OYO Wizard is a one of a kind, benefit membership program that aims to deepen and strengthen customer relationships by providing highly rated and curated hotels to its loyal guests at the best price. The newly launched program comes with unique benefits, including guaranteed discounts, upgrades and benefits and is currently available at an early bird membership fee of Rs 99.
OYO chief of strategy Maninder Gulati says, “With 95 per cent of our revenue coming from repeat and organic customers, we knew it was time to give back. OYO Wizard will enable us to take the OYO experience a step further by making it possible for us to engage with customers in a more personal and meaningful manner. We believe that this initiative is an important milestone in our efforts to streamline our customer offerings across our global hospitality network.”
The membership entitles its members for 5 per cent instant discount on current booking and instant rewards in the form of OYO Money. With super OYO benefits, members will also get a 10 per cent discount on their next stay at the same OYO hotel, while they have the option to avail 5 per cent discount across all other partner hotels.
These benefits are applicable across OYO’s diverse portfolio including OYO Rooms, OYO Townhouse, OYO Home, SilverKey, Capital O and Edition O.
The benefits will soon be extended to OYO hotels in international destinations like China, Malaysia and Nepal.
OYO Hotels is South Asia’s largest hospitality chain operating in more than 160 cities across India, China, Malaysia and Nepal. With over 5500 exclusive hotels in its chain and 100,000 rooms, OYO works in close proximity with its asset partners while exercising full control over the hotels for ensuring a quality experience for travellers. Its network includes major metros, regional business hubs, top leisure destinations as well as pilgrimage towns.
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.
