MAM
Madison Media Omega ropes in Dinesh Rathore as COO
MUMBAI: Madison Media has appointed Dinesh Singh Rathore as COO of Madison Media Omega.
Rathore comes in from Starcom MediaVest Group where he was head MediaVest, Mumbai and Delhi offices and was based in Bombay.
Rathore brings with him 17 years of experience in media having worked with media agencies like Mudra. He has served as also served head of FutureWorks, the specialist unit of SMG that handled the Future Group business. During the course of his career, he has worked with brands like Zydus Wellness, Emirates, The Mobile Store, Tata Housing, Novartis, World Gold Council, Wipro, Toyota, SabMiller, Essilor, Hitachi, Rasna and Only Vimal.
Madison Media group CEO Gautam Kiyawat said, “I am delighted to have Dinesh join our Leadership team and am sure he will add a lot of value to our clients in Bangalore.”
Rathore said, “I am looking forward to this new role and contributing to an enviable list of clients.”
Madison Media has seen quite a few appointments in the recent past including Madison Media Group CEO Gautam Kiyawat and Manish Bharil as GM to head the Brittania account. Madison Media also been in the news for winning the accounts of Crompton Greaves, Enamor and Dixcy Textile.
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.
