MAM
Sanjiv Mehta re-appointed as jury president for Marquees 2018
MUMBAI: The Advertising Club’s second edition of award ceremony Marquees has reappointed Hindustan Unilever CEO and MD Sanjiv Mehta as jury president.
The other jury members include industry stalwarts and media mavens like WPP India country manager CVL Srinivas, RPG Enterprises chairman Harsh Goenka, Taproot Dentsu founder and chief creative officer Agnello Dias, TPG Capital senior advisor Naveen Chopra, Viacom18 COO Raj Nayak andPerfect Relations founding partner and group chairman Dilip Cherian.
The awards will be held on 29 August 2018 at St Regis, Mumbai.
The Advertising Club Madison Communications and president Group CEO Vikram Sakhuja said, “The Ad Club launched the Marquees in 2017 to celebrate Excellence in Marketing. In its second year, we are happy to have the same stellar jury chaired by Unilever’s Sanjiv Mehta deciding on this year’s laurels. The Ad Club sets the gold standard for excellence in creativity through Abbys, effectiveness through Effies, media through Emvies and now marketers through Marquees. Stay tuned to see the winners in each category and the Special awards on August 29.”
BARC India CEO and chairman Partho Dasgupta says, “Marquees has been able to carve out a niche for itself and I am glad to be a part of this journey. After a successful debut edition last year, I am looking forward to some great entries this year.”
“As they say, an award is as good as its jury and in this case the jury can’t get better than this. The jury with its years of experience and wisdom will be able to recognise the extraordinary work done by marketers over the past one year,” he added.
The event had huge success in the last year with 300 top marketers of the country gathered to receive awards.
The award is known for its brands that showcase resilience and emerge successful in the face of numerous adversaries, thus iterating the well known adage. Marquee is all set to bring all the leaders and industry veterans from advertising, marketing and media fraternity.
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.
