MAM
Vi Business hosts 13th edition of corporate golf tournament Vi TeeWalk 2024
Mumbai: Vi Business, the enterprise arm of the leading telecom operator Vi, is back with the 13th edition of its multi-city corporate golf tournament – Vi TeeWalk 2024. Themed around partnerships leading to #RoadToVictory, Vi TeeWalk 2024 held its first city chapter for this year at the Prestige Golf Shire, Bengaluru with more than 70 senior corporate leaders from the city participating in the tournament.
Vi TeeWalk 2024- Bengaluru chapter was played in Texas Scramble format with each team consisting of four players.
- Winner: Team comprising of Arindam Chatterjee, Srinivas K, Harishwar Reddy and Rajesh Rao bagged the first position.
- First runner up: Team of Rajeev Ahluwalia, Jatinder Salwan, Nilanjan Roy and Atul Ujagar
- Second runner up: Team of Ravindra Takkar, Varun Berry, Pradeep Kar and Kazo Nishimura finished as the second runner-up.
The annual golfing event Vi TeeWalk 2024 that marries the enduring sport of golf with seamless networking opportunities both on and off the course, is set to bring together another 150 plus top CXOs from multiple industries for the upcoming Mumbai & Delhi editions.
Introducing a new feature in this year’s edition, the participants of Vi TeeWalk 2024 in each city will get a chance to play and engage with a professional golfer.
As part of the programme, participants of the Bengaluru edition got an opportunity to play with the professional golfer Riddhima Dilawari, a 13 time winner on the Women’s Professional Golf Tour of India. The Sunshine Ladies Tour member will also be in Mumbai while the Delhi leg participants will get an opportunity to play with Neha Tripathi, a 19 time winner on the Women’s Professional Golf Tour of India and finished second on the Order of Merit for 2023 season.
Commenting on the 13th edition of Vi TeeWalk 2024, Vodafone Idea Ltd chief enterprise business officer Arvind Nevatia said “Over the years, Vi TeeWalk has earned a reputation as one of the most anticipated events in the corporate calendar, providing a dynamic forum for industry leaders to connect and engage. Vi TeeWalk 2024 is more than just a golf tournament; it is a testament to our commitment to building enduring relationships with our enterprise customers. Keeping it in line with the theme for the year #RoadToVictory, Vi TeeWalk 2024 aims to create a platform that brings different stakeholders at one platform for meaningful interactions, networking, and collaboration. We look forward to an exciting tournament that exemplifies the spirit of Vi Business.”
Vi TeeWalk 2024 is more than just a golf tournament; it is an initiative aimed at strategically engaging with the CXOs. Golf is a popular sport, particularly followed by CXOs. According to reports, at least 90 percent of Fortune 500 CEOs play golf, with 80 percent of them stating that it helps establish new business relationships. Vi TeeWalk 2024 promises an unparalleled experience for participants, combining competitive golf with business advancement opportunities. The tournament underscores Vi Business’s dedication to meaningfully engaging with its enterprise customers in a relaxed and sporting environment, creating innumerable opportunities for strategic collaborations.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
