MAM
Air India rejig: N Chandrasekaran brings in key Tata Group personnel
Mumbai: Tata Sons executive chairman and Air India chairman N Chandrasekaran on Saturday affected a major reshuffle in the top management of the recently-acquired airline in what is Air India’s first major senior management reshuffle since it was taken over by the conglomerate in January this year. Tata Sons senior vice president Nipun Aggarwal replaces Air India veteran Meenakshi Malik as chief commercial officer, while former Tata Steel VP- human resources Suresh Dutt Tripathi succeeds AI’s Amrita Sharan as chief human resources officer (CHRO).
Notably, the Tata Group is yet to appoint a chief executive officer of the airline.
The order was issued by Chandrasekaran, who is also the chairman of Tata Sons and comes on the back of the announcement of Tata Sons executive chairman N Chandrasekaran formally taking charge as chairman of Tata Digital earlier this week. He was reappointed as the chairman of Tata Sons for another five years in February this year.
Malik and Sharan were on Friday appointed as advisors to the CEO of Air India, according to a company communication to PTI. As the Tata Group is yet to appoint the CEO of Air India, the duo will currently be advisors to Chandrasekaran, it mentioned.
Satya Ramaswamy, who has worked at Tata Consultancy Services before, was on Friday appointed as chief digital and technology officer at Air India, the order stated.
Rajesh Dogra was appointed as the head of customer experience and ground handling at Air India, it mentioned.
Air India veteran RS Sandhu will continue to hold the charge of chief of operations at Air India, it noted.
Another Air India veteran Vinod Hejmadi will continue to hold the charge as chief financial officer, it mentioned.
“The new appointees will exercise the powers of functional/departmental heads as per the delegation of authority. We wish them all the very best in their new role,” Chandrasekaran stated in the order.
After a competitive bidding process, the government had in October last year sold Air India to Talace Pvt Ltd — a subsidiary of the Tata group’s holding company.
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.
