MAM
Royal Challenge to organise Roger Waters concert in Mumbai
MUMBAI: On 18 February 2007 rock icon Roger Waters will perform at a concert in Mumbai. He was the co-founder and creative genius behind the psychedelic band Pink Floyd.
The Roger Waters Dark Side of the Moon concert tour will be in India courtesy Royal Challenge and DNA Networks. He will perform live at the MMRDA Grounds in Mumbai suburb of Bandra.
This is Waters’ second performance in the country. He was here last in 2002, when he performed in front of over 30,000 fans in Bangalore.
The event will include signature Pink Floyd effects of thundering helicopters, the pink pigs, and brick walls, combined with psychedelic special effects and a 360 degree quadraphonic sound. The concert is the largest event ever held in India, and Roger Waters is expected to arrive in India a day before the event, with a 12 member band, and more than 32 tons of equipment to ensure fans get the ultimate experience. The concert is also the longest ever held in India, with the legendary expected to perform on stage for close to three hours.
Waters says, “My last India experience was phenomenal. The Indian audience really knows how to rock – and Bangalore was a fabulous city. I’m looking forward to being in India again, and rocking with my fans in Mumbai. From what I hear of Mumbai as a city – this is going to be a rollicking experience.””
United Spirits executive VP, marketing, Alok Gupta says, “Royal Challenge is proud to present Roger Waters to the Forever Young Indian audiences. Like Roger Waters, Royal Challenge is a brand that has appealed to a wide spectrum of audiences cutting across age and time. In true sense this is an association of two legends coming together.
“Royal Challenge and Roger Waters are two names that can effortlessly unify different generations in one single spell. Very few brands enjoy such wide appeal and hence their association is absolutely perfect and in harmony.”
DNA Networks MD Venkat Vardhan says, “Pink Floyd’s The Dark Side Of The Moon is an iconic album, and a best seller of all times. It remained in the Billboard Top 200 best-selling albums chart for a record-breaking 15 years and, as recently as 2003, occupied the number one spot on the Billboard Pop Catalog chart. In 2004, the album was still selling more than 8,000 copies a week. It has been estimated that 1 in every 14 Americans under the age of 50 owns a copy of this album. Not just rock music buffs, but music enthusiasts of all ages love Roger Waters’, and following the phenomenal success of the Roger Waters’ concert in Bangalore in 2002 – we were sure we wanted him to come back again.”
In the Set One of the concert the legendry artist will play classic compositions from the album The Wall. He will also play pieces from his albums Animals, Wish you were here and The Final cut and songs from his solo albums.
Set Two will consist of Roger Waters and the full band performing “The Dark Side Of The Moon,” one of the defining works of rock music history, from start-to-finish. The Dark side of the Moon is a concept album by Pink Floyd, the lyrics of which are solely credited to Roger Waters. It is the third best selling album of all time and has remained the longest standing album on the US Billboard top 200 chart in history.
The concert is being presented by Royal Challenge in association with Pepsi, Reliance Mobile, Worldspace and VH1. The category sponsors are Taj Land’s End, HSBC, TicketPro, Indiatimes, Lufthansa and NDTV.
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.
