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India's franchise business market has seen tremendous growth, increasing four-fold since 2013, and is now valued at USD 50.4 billion. This boom has been fueled by a growing trust in franchise ownership as a reliable source of income, particularly during the COVID-19 pandemic, when many professionals ventured into the food and beverage industry.<br/><br/>One such franchise, Spice, Grill and Flame (SGF), was established on January 29, 2019, aiming to provide food services. SGF's founder, Kewal Ahuja, has expanded the franchise significantly, supported by strategic PR and advertising efforts. However, serious issues have emerged concerning SGF's compliance and financial practices.<br/><br/>SGF's franchisees have encountered significant challenges. The company collected large franchise fees without reporting them to regulatory bodies like the Income Tax Department and GST Council. Additionally, SGF has failed to comply with mandatory MCA filings. Both SGF and its sister company, Spice, share the same address and management, suggesting potential fund misappropriation. Spice's turnover reports contrast sharply with SGF's nil returns, raising further suspicions.<br/><br/>Specifically, SGF was formed in 2019 and appointed its first auditor on February 25, 2019. However, no financial records were submitted to the MCA for that year. A second auditor, appointed on December 31, 2020, also found no records filed for the previous year. This consistent non-compliance with MCA filing requirements for two consecutive years could lead to SGF being struck off if continued.<br/><br/>Moreover, SGF has not filed income tax returns for the past three years, despite collecting franchise fees. This omission indicates potential financial malpractice. SGF also applied for three GST numbers, two of which have been cancelled due to inactivity. The third, active in Mumbai, has not seen any returns filed since September 2021, raising questions about the purpose of GST collection from franchisees.<br/><br/>Kewal Ahuja's dual role as the Treasurer of BJYM Delhi Pradesh further complicates matters, as his political influence may impact investigations. Potential investors are strongly advised to reconsider investing in SGF due to these significant red flags and the company's track record of statutory non-compliance and financial irregularities.

Revealing the Truth About Kewal Ahuja: The SGF India Incident Exposed

⏲ 2:13 👁 20K

Cyclone Remal, the first major cyclonic storm of the year, has caused significant destruction and loss of life across Bangladesh and India. According to Reuters, the cyclone claimed 16 lives after making landfall near the Bay of Bengal coast on Sunday evening. The storm, with winds reaching speeds of up to 135 kph, hit the area around Bangladesh's southern port of Mongla and the adjacent Sagar Islands in West Bengal.<br/> <br/>#CycloneRemal #Remal #RemalCyclone #CycloneRemalAfterEffect #CycloneRemalVideos #WestBengalWeather #CycloneRemalLIVE #CycloneRemalFootage #CycloneRemalEffect #Oneindia<br/>~PR.274~ED.101~GR.125~HT.96~

Cyclone Remal Update: 16 Dead in India, Bangladesh; Power Cuts in Bengal, Thousands Evacuated

⏲ 3:2 👁 320K

On May 29, India successfully flight-tested the RudraM-II Air-to-Surface missile from the Su-30 MK-I platform of the Indian Air Force. The flight test was conducted by Defence Research and Development Organisation (DRDO), off the coast of Odisha at around 11:30 am, the Ministry of Defence said. RudraM-II is an indigenously developed solid-propelled air-launched missile system meant for the Air-to-Surface role of neutralising many types of enemy assets. A number of state-of-the-art indigenous technologies developed by various DRDO laboratories have been incorporated into the missile system, according to the Ministry of Defence. The successful test has consolidated the role of the RudraM-II system as a force multiplier to the Armed Forces, he said.<br/>

India Successfully Test-Fires RudraM-II Air-To-Surface Missile From Su-30 MK-I Platform

⏲ 1:23 👁 235K

Many Indian states have been witnessing rising temperatures. On May 30, Rajasthan's Ganganagar was the hottest at 48.3 degree Celsius. Sidhi in Madhya Pradesh recorded 48.2 degree Celsius. Varanasi in Uttar Pradesh recorded 47.8 degree Celsius. Narnaul in Haryana recorded 47.5 degree Celsius. IMD also informed that Varanasi reported 46.7 degree Celsius on May 29, and it was the second-highest maximum temperature ever recorded. Watch the video to know more.<br/>

Ganganagar In Rajasthan Records Highest Temperature In India At 48.3°C

⏲ 2:8 👁 2.6M

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