MAM
Signify launches NatureConnect lighting at India Light Festival 2024
Mumbai: Signify, (Euronext: LIGHT) the world leader in lighting, today announced the launch of NatureConnect; an industry-first revolutionary product, designed to enhance well-being by bringing the benefits of natural light indoors. Inspired by biophilic design principles, NatureConnect mimics the natural rhythm of sunlight, promoting a healthier circadian rhythm, improved mood, enhanced focus, and better sleep quality.
NatureConnect – The Lighting Inspired by Nature
Research indicates that people spend 90 per cent of their time indoors, emphasising the importance of creating healthy indoor environments. NatureConnect addresses this need by utilizing elements of nature in interior spaces to create healthy, engaging, and inspiring environments with a proven biophilic design principle. Recognizing the profound impact of light on our physical and mental well-being. Nature Connect’s groundbreaking technology emulates the dynamic variations of sunlight throughout the day, helping to balance the body’s circadian rhythm and improve overall health, energy levels, mood, productivity, quality of sleep and overall well-being.
Commenting on the launch Signify, Greater India CEO & MD Sumit Joshi said, “We are proud to bring this industry-first innovation for our customers across India, NatureConnect is tailor-made to bring natural light indoors. Its revolutionary lighting system, developed through extensive research recreates the positive effects of natural light indoors, for professional spaces, hospitality, and the healthcare industry in India. By utilizing energy-efficient LEDs and smart controls, NatureConnect seamlessly adjusts to the changing light patterns throughout the day, enhancing overall well-being and improving productivity. At Signify, we believe in creating products that not only meet but exceed our consumer’s expectations. And with this launch, we are confident that we will redefine the standards for indoor lighting.”
“Bringing in the right light and the right moment, NatureConnect offers the colours and dynamics of nature for a fully immersive experience, helping individuals reconnect with the constant cycles and variations of nature. With the increase in focus towards health and well-being, we are sure that NatureConnect will play a major role in driving productivity gains and transforming lighting experiences, across industries.“ said Signify, Greater India head of professional business Girish K Chawla.
Key Benefits of Nature Connect: Visual, Biological and Emotional wellbeing
1 Improved Circadian Rhythm: Helps regulate sleep-wake cycles for better sleep quality
2 Enhanced Mood: Promotes a positive mood and reduces stress
3 Increased Focus: Improves concentration and productivity
4 Greater Well-Being: Creates a healthier and more engaging indoor environment
Seamless Integration and Control – Sky is not the limit
Launched at the India Light Festival 2024, NatureConnect system comprises three key components, each designed to recreate the natural rhythms of sunlight: SkyRibbon, provides a soft glow imitating morning and evening twilight; Daylight, a ceiling luminaire that changes colour and intensity to mimic daylight patterns; and Skylight, a window-like wall fixture that simulates the effect of natural sunlight streaming in. To accommodate a variety of widely used ceiling types, NatureConnect is flexible and provides three options for ceiling installation: recessed, suspended, and surface mounted. The Nature Connect Lighting system includes the NatureConnect link, a device that seamlessly integrates with popular control systems like Interact. This enables users to easily select NatureConnect scenes, adjust brightness levels, or execute complex light recipes for a fully customizable lighting experience. The system also supports DALI DT8 tunable white luminaires for enhanced versatility.
Green Building and Wellness – Tailor-made solutions
As the focus on green building practices intensifies, NatureConnect aligns with sustainability goals while prioritizing health and well-being tailor-made for you. By mimicking natural light patterns, the innovative lighting system contributes to a healthier and more productive indoor environment.
Signify’s Commitment to Well-Being – Lighting Inspired by Nature
The introduction of Nature Connect Lighting aligns with Signify’s commitment to enhancing life with light in line with the brand vision of ‘Brighter Lives, Better World’. It represents another significant milestone in our ongoing mission to deliver innovative, sustainable, and human-centric lighting solutions in India.
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.
