MAM
TEDxYouth with the theme of ‘Evol-YOU-tion’ held at Oberoi International School
MUMBAI: In the spirit of ideas worth spreading students of Oberoi International School (OIS) organized and hosted TEDxYOUTH@OIS event on Saturday, 12th January 2019 at Oberoi International School Auditorium, Goregaon. The theme of the talks this year was ‘Evol-YOU-tion’, signifying achieving something above and beyond what has been achieved so far.
TEDxYouth@OIS is a student-led, independently organized TED event. The speakers this year included three student speakers from OIS – Ida Ali, a student of Oberoi International School, Filmmaker Director and Writer; Aamir Khan, another IB student of Oberoi International School, Young Entrepreneur, Vedika Kanchan, writer and artist, and three guest speakers. The guest speakers were Mr. Vinay Jaju, Social Entrepreneur Co-founder and COO of ONergy Solar and SwitchON, Alisha Rajpal Freelance Copywriter and Writer and Siddarth Shetty, Digital Infrastructure Expert.
Commenting on the occasion, the organizer of the event, Ms. Zarine Khan (Economics & Business Management Teacher at OIS) said, “TEDxYouth@OIS is one of the most creative events of our school since they are organized by and catered towards our students. This event lends a platform to inspirational ideas of OIS students and also for the achievers from various walks of life. The objective of our students to host this event annually is sowing the seeds of change today to create a better tomorrow and improve the fabric of society."
One of the student speakers, Aamir Khan (17), Youth Entrepreneur and Innovator and the youngest Group Vice President at EL Group International & COO of YachtSmarter a New York based company, shared his experience by saying, “This was my first TEDxYouth talk. I have spoken at other platforms and conferences as well, which involved a majority of adults in the audience and that makes it challenging. However, today’s talk involved the young audience and my school community which allowed me to make my talk more relatable and helped me connect better."
The event ended with a vote of thanks. A sapling that signifies continuous growth and evolution, along with a goodie bag was given to both, the speakers and the audience present for the talk.
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.
