MAM
Yulu brings in Rupini Raman as HR head
Mumbai: Homegrown shared electric mobility company Yulu has brought Rupini Raman on board as head of human resources (HR).
In this new role, her key responsibilities will be to build Yulu into a preferred employer brand, scale up the talent pool, and create an inclusive, enriching and progressive work culture, said the company in a statement.
“As we enter into a pivotal phase of multi X growth, starting with a 10 times expansion plan for 2022, getting our people strategy right will be a critical success factor,” stated Yulu CEO and co-founder Amit Gupta. “With her rich experience, Rupini will anchor Yulu’s HR strategy and vision, build organization capability to attract & retain the best talent, and create a great working culture at Yulu.”
Raman comes with 17+ years of experience in HR and organisational development (OD) in many industries, including fintech, ITES, financial services, logistics, and hospitality. In her last stint, she worked with fintech start-up Vivriti Capital as head of HR through its high-growth phase, and created an ecosystem for large-scale, high-skilled talent acquisition. Earlier, she was the head of the rewards and talent management division at Agility, where she oversaw the HR functions for 6000+ employees spread across the Middle East, Africa and EU regions. She has also been associated with global brands like RR Donnelley, Hutchison Whampoa, and American Express.
“As a shared EV mobility leader with a unique business model, many strategic partnerships, and a deep tech backbone, Yulu is very strongly positioned to redefine the mobility landscape in India,” said Rupini Raman. “It is a privilege to be part of Yulu and work with some of the industry’s best minds towards creating a sustainable future for our planet.”
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.
