Brands
Sky City Mall sleighs Christmas by sharing cheer beyond shopping
MUMBAI: ’Tis the season to give and Sky City Mall decided to gift more than glitter. Mumbai’s newest lifestyle destination marked its first Christmas not just with twinkling décor, but with a day of laughter, music and memory-making for children from Shiksha Seva Foundation.
Launched earlier this year, Sky City Mall has quickly carved a place for itself on the city’s retail map. This festive season, it extended that momentum into a meaningful community moment by hosting a specially curated Christmas experience for the NGO’s students.
The mall’s central atrium was transformed into a full-blown festive playground, complete with a towering Christmas tree, a revolving reindeer carousel and a colourful hot-air-balloon photo installation. Adding to the cheer was a live performance by a 12-member Christmas choir, filling the space with carols and a shared sense of celebration.
The highlight of the day came at Timezone, where the children enjoyed an exclusive entertainment session packed with arcade games and interactive play. The visit wrapped up with a festive walkthrough of the mall’s installations, allowing the children to soak in the sights, sounds and spirit of Christmas in its most joyful form.
Speaking about the initiative Oberoi Realty CEO for MallsTanu Prasad said the mall was envisioned as more than a retail address. “As we celebrate our first Christmas, it was important to reflect on the true meaning of the season. Sharing joy and creating moments of happiness is central to what Sky City Mall stands for,” he said.
By putting people before purchases, Sky City Mall turned Christmas décor into a deeper statement that the season shines brightest when it’s shared.
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.
