Brands
The Raymond Shop partners with Aparshakti Khurrana
Mumbai: The Raymond Shop partners with renowned B-town celebrity couple, Aparshakti Khurrana and Aakriti Ahuja exemplifying a shared commitment to style, elegance, and sartorial excellence. This partnership highlights Raymond’s men’s wardrobe offering as a preferred destination for people who know their style. The Raymond Shop has 1000 plus outposts across 600 towns and cities in India, spreading across the length and breadth of the country.
Aparshakti and Aakriti love The Raymond Shop’s wide range of men’s fashion and the unparalleled shopping experience it provides to all its customers alike. The premium fashion destination also caters to a diverse brand offering such as Raymond Fine Fabrics, Raymond Ready to Wear, Park Avenue, Parx, and Colorplus; each brand offering a seamless experience to all its customers.
Raymond has been around for 99 years and is known for its excellence in designs offering the best in menswear fashion. Whether you need an outfit in casual, semi-formal, formal, or Indian wear, Raymond has got you covered from fine fabrics tailored into custom suits to ready-to-wear formal and casual wear. The custom tailoring services ensure every fabric is meticulously crafted to give you a perfectly fitted ensemble.
Aparshakti Khurrana and Aakriti Ahuja partnering up with The Raymond Shop exhibit their affinity for the brand’s classic style and commitment to quality. Their love for classy and elegant fashion aligns perfectly with what Raymond as a premium menswear brand truly stands for.
The Raymond Shop is like a symbol of excellence in men’s fashion, a one-stop fashion destination for a full wardrobe dressing solution. It’s all about premium, personalised services, timeless designs, and exceptional craftsmanship that stand as a beacon of perfection. By partnering with The Raymond Shop, Aparshakti, and Aakriti are strengthening the ties that appreciate and value both great quality and timeless attire.
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.
