MAM
Prabha Narasimhan takes over as managing director of Colgate-Palmolive India
Mumbai: After a stint of over two decades at Hindustan Unilever, Prabha Narasimhan has joined Colgate-Palmolive India as managing director. Previously, she served as an executive director at the FMCG major before moving on from the company earlier this year in May 2022. Narasimhan takes over the reins of the oral care major from Ram Raghavan, who has moved to a global role.
Narasimhan confirmed the development through a post on LinkedIn: “Everyone deserves a future they can smile about is the core philosophy of the Colgate brand. Today, as I start my new journey with Colgate, this definitely made me smile. Over the last three months, I have had the opportunity to travel across 6 different countries and 7 offices to meet and understand this business and its people, and it has been an amazing experience. I am now excited and eager to work with the Colgate Palmolive team in India on brands that I have grown up with and a business that is an absolute powerhouse,” she wrote.
“No post of starting would be complete however without a look back at my time with Unilever. I consider myself extremely privileged to have worked for over 2 decades in such a fabulous organisation and more importantly work with such amazing colleagues – many of whom are lifelong friends. I will continue to watch & cheer their progress. Thank you to everyone, far too many to name here, who have helped me get to this position and thanks in advance to my new Colgate colleagues who I am excited to get to know more,” she further added.
Narasimhan joined Hindustan Unilever as a regional marketing manager in 2006. She worked her way up to become the vice president of the personal care category in 2015, before going on to become the vice president of the skin care category. In 2020, she was promoted to the position of executive director.
In the past, she has also served a stint with the Aditya Birla Group as general manager – Strategy at Madura Garments.
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.
