MAM
Ryan Reynolds appointed as Yas Island’s newest chief island officer
Mumbai: Yas Island Abu Dhabi, the region’s leading leisure and entertainment destination, appointed Hollywood’s most charismatic superstar Ryan Reynolds as its newest chief island officer (CIO). Following in the footsteps of former CIOs Kevin Hart and Jason Momoa, Reynolds brings his trademark charm and wit to the role, promising an unforgettable era of adventure and excitement.
In the uproarious new trailer, Reynolds descends from the sky, parachuting straight into the heart of the action amidst speeding cars on Yas Marina Circuit. However, much to his chagrin, he misses his intended landing spot at the illustrious W Abu Dhabi – Yas Island, adding a hilarious twist to his grand entrance.
Reynolds strides forward with an air of unmistakable confidence, poised to unveil his new role as CIO. With pride, he recounts the diverse array of hats he’s worn throughout his career: actor, producer, owner of a Welsh football club and now another illustrious title to his repertoire, proudly proclaiming himself the chief island officer of Yas Island Abu Dhabi. Yet, as he attempts to continue his dramatic speech, his words are swiftly drowned out by the buzzing cacophony of speeding cars. The video sets the stage for an electrifying journey ahead as Reynolds prepares to dive headfirst into Yas Island’s thrilling attractions. After all, its Ryan’s island, and everyone else is just along for the ride.
Miral Destinations CEO Liam Findlay enthusiastically remarked, “With the appointment of Ryan Reynolds as our latest Chief Island Officer of Yas Island Abu Dhabi, we continue the tradition of excellence established by Kevin Hart and Jason Momoa. Reynolds brings his own unique blend of charisma, energy, and enthusiasm to the role, promising to elevate the Yas Island experience to even greater heights. We’re thrilled to embark on this exhilarating journey with him, inviting fans worldwide to be part of the legacy.”
From speeding through rollercoasters at Ferrari World Yas Island, Abu Dhabi to exploring Gotham City at Warner Bros. World Yas Island, Abu Dhabi Reynolds is rolling into Yas Island with unmatched energy and style, inviting fans to #RollLikeRyan and experience the island like never before.
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.
