MAM
Inclusivity makes a strong business case for media companies
MUMBAI: In the last few years, diversity and inclusion have caught heightened attention in organisations across the world. Although diversity is less of a concern for media companies, inclusion is what needs to be addressed. The motive behind this should its relevance today and the impact it has on business.
At the recently concluded Media HR Summit hosted by Indiantelevision.com, a panel discussion moderated by D&I evangelist and founder and MD Vividhataa, Diversity Hiring Consultants Ratnaprabha Sable revolved around the issues regarding D&I. Voices of Inclusion author Deepa Shankar, Mondelez International diversity and inclusion lead (independent consultant) Priyadarshini Gupta, NeoSeven Solutions global HR expert Monika Navandar took part in the discussion.
Gupta explained that diversity is about having diverse perspectives, thoughts and viewpoints on the table while innovating something or creating a new product, service or working together, collaborating. According to her, having diverse thought processes on the table is important.
Talking about the need for diversity in an organisation, she also said that a diversity agenda should have a business case for it. She gave the example of an American KPO that was investing a high amount of money in training employees in the age group of 22-25 who would end up leaving the organisation in less than a year. Instead, it started recruiting retired people with the necessary skill sets for whom skipping jobs or moving high or quickly in their career did not matter. As a result training cost reduced significantly impacting topline and bottom line of the organisation.
“Inclusion is about what I am doing in order to help a talent who has been brought back into the system to make them feel they belong to the organisation and the person thrives and grows,” Shankar commented. She also added that inclusion is also about policies which support the diversity agenda.
Navandar contradicted a point from another session where panellists made a point about having tech and analytical skills. According to her, people should play to their strengths as there are so many other jobs.
While there’s a common tendency of discussing only on gender-specific issues, it came out during the discussion that diversity moves beyond this. The panel also discussed the issue of unconscious biases which even sometimes affects recruitment processes.
In the context of the media and entertainment industry, it was agreed that diversity is not a big concern there but inclusion needs to be worked upon such as accepting smokers and non-smokers, people who have alcohol vs those who don’t have. More importantly, Sable highlighted the need for backward integration. She contended the importance of creating jobs for people with disabilities, acid attack victims and mental health issues. According to her, organisations need to identify jobs where these people can be placed in or trained for.
The media industry has the advantage of having different sets of people compared to other industries. Moreover, multicultural workforce brings out multicultural content making the business case strong for diversity agenda. However, looking at supplier, product and service delivery diversity along with consumer diversity is also important while working. Hiring a diverse slate of people and recruiting from different industries, not just from media will also enhance diversity.
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.
