MAM
Runwal Group unveils new brand film for Diwali – ‘Where New Stories Begin’
Mumbai: Runwal Group announced the launch of their Diwali brand film, ‘Where New Stories Begin.’ The film talks about the joy of having grand Diwali celebrations which families in the city miss out on. It showcases how having a spacious home in a gated community enables children to enjoy the festivities with the grandeur they deserve.
Runwal Group head of sales, marketing, and CRM Lucy Roychoudhury said, “At Runwal Group, we believe in creating landmarks that not only provide exceptional living spaces but also nurture relationships and foster community living. This film encapsulates our commitment to this ethos and resonates with the true spirit of Diwali.”
This heartwarming story revolves around a family’s journey to a better home, fulfilling their dreams of a superior life, and the bonds that strengthen as a result. The film opens with a touching scene featuring a child making a list of crackers for Diwali. As his mother takes him on a journey down memory lane, she shares her own childhood experiences of celebrating Diwali, highlighting the significance of celebrating the Festival of Lights with your near and dear ones. The child expresses how he does not get to celebrate Diwali with the same fanfare. The father turns the dejection into celebration as he showcases his plans to buy a beautiful home in one of the lifestyle townships of Runwal Group. When they move to the new home, a surprise party with the entire extended family is awaiting the child and they create memories of a beautiful Diwali just how he wished.
Subodh Runwal Group chief marketing officer Palak Dani Mansotra added, “Diwali is a time when we cherish our traditions and create lasting memories with our families. Our film showcases the importance of these cherished moments and emphasizes the role of a spacious home and township living in fostering them. Runwal Group wishes a bright and memorable festive season to everyone, via this film.”
The film is live on all social media platforms on Youtube, Instagram, Facebook, and Linkedin. It will also be advertised through OTT platforms and mobile marketing.”
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.
