MAM
V-Guard celebrates ‘Long Lasting’ love in new digital film
Mumbai: To pay a tribute to relationships that have stood the test of time, electricals major V-Guard has amplified its communication on the occasion of Valentine’s Day with a digital film that celebrates ‘Long Lasting’ love.
The digital film depicts a retired husband who loves tinkering around at home, surprising his wife of 50 years with a ring made of V-Guard wire, when she chides him that he probably doesn’t even remember that it’s their 50th anniversary. The film is conceptualised by V-Guard’s Bangalore-based agency Ralph & Das and produced by Navarasa Films. Ralph & Das director and CCO Anil Ralph Thomas has scripted as well as directed the TVC.
“The proposition of the brand in the electricals category was about long-lasting. The analogy was built around ‘true relationships are ones that have stood the test of time,’ said V-Guard Industries VP & head – brand and communication Nandagopal Nair. “On the special occasion of Valentine’s Day, V-Guard long-lasting wires communication pays tribute to eternal true love with this engaging piece of communication.”
“The Long-Lasting positioning of V-Guard Wires has been catapulted into a real Idea. It can now seamlessly adapt itself to innumerable occasions, situations and formats, Valentine’s Day is such an apt occasion to celebrate eternal love,” remarked Ralph & Das CEO Kaustav Das.
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.
