Brands
zingbus teams up as official brand partner for Dream Girl 2
Mumbai: zingbus, the largest tech-based intercity bus service provider in India, has proudly announced its captivating collaboration as the official brand partner for the movie Dream Girl 2. The sequel to the blockbuster sensation, Dream Girl (2019) is poised to unleash its magic on the silver screen, captivating audiences nationwide on 25 August 2023.
Dream Girl 2, an upcoming Hindi comedy-drama is helmed by the visionary director Raaj Shaandilyaa and produced by Ekta Kapoor and Shobha Kapoor under the dynamic banner Balaji Motion Pictures. The movie showcases a diverse ensemble cast, including Ayushmann Khurrana, Ananya Panday, Paresh Rawal, Annu Kapoor, Rajpal Yadav, Vijay Raaz, Asrani, Abhishek Banerjee, Manjot Singh and Seema Pahwa. This cinematic marvel promises to be a journey through emotions, laughter, and life’s quirks, all interwoven in a tapestry of entertainment.
Speaking on the partnership, zingbus CEO and co-founder Prashant Kumar said – “Seizing the role of the official brand partner of a fantastic movie – Dream Girl 2, provides us with a wonderful opportunity to engage a larger audience throughout India. This partnership ignites our passion and propels us to explore new horizons. zingbus team is truly excited about this affiliation and we are looking ahead to numerous such remarkable collaborations in the times to come.”
The strategic partnership will increase the likelihood of zingbus gaining a more significant presence in people’s thoughts and perceptions. By combining the visionary approach of the brand – zingbus with the compelling narrative of the movie, this partnership will carve an enduring mark on the hearts and minds of a diverse and widespread audience.
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.
