MAM
Dr Mahendra Bhadouria named as OMA Living CEO
Mumbai: Homegrown home furnishing brand OMA Living has named Dr Mahendra Singh Bhadouria as the chief executive officer. Bhadouria will be responsible for the entire GTM, sales, delivery, operations, and profitability of the company.
A seasoned industry veteran with nearly three decades of experience, Bhadouria is known for driving exponential business growth through transformations and strategic GTM developments, having successfully led various start-ups and several companies,
“OMA deserves a leader like Dr Bhadouria,” said OMA Living chairperson of the board Charu Munjal. “His extensive grounding in retail operations and business development skills will strengthen OMA’s channel partnerships, develop our strategic alliances and e-commerce arm, and expand our domestic and international sales presence. We believe his strong leadership experience will help OMA focus during our aggressive 4X growth plan over the next five years.”
In his earlier role, Bhadouria was associated with Biba Apparels as senior vice president and head of sales and operations. He was the driving force behind its international expansion, including the introduction of the hotline picture tube throughout the Asia Pacific. Earlier, he was with premium luxury retail player DLF Brands as senior vice president and also held senior executive roles at Essar Group, Planet M Retail Ltd, The Mobilestore, Hotline Group, LG Hotline CPT, and Maral Overseas.
Bhadouria has a doctorate in Retail Service Quality as well as an MBA from Jiwaji University, Gwalior. He graduated from the HAAS School of Management at the University of California, Berkeley, and has also completed the executive programme in business finance from IIM Ahmedabad, and the executive programme in business analytics from IIM Calcutta.
“I am very excited to join OMA Living. I believe OMA has a great business model and a talented management team that uniquely positions it to capitalise on the ever-evolving luxury retail. And I will endeavour to propel OMA closer to its lofty goals,” said Dr Bhadouria on his new role.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: 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.
