MAM
Anita Nayyar quits Havas Media to join BCCL
MUMBAI: Havas Media CEO Anita Nayyar has put in her papers after a stint of five years with the company.
She will be serving her notice period till the end of the month.
Nayyar is expected to join Bennett, Coleman and Company (BCCL) as director customer strategy.
Havas Media Asia Pacific CEO Vishnu Mohan said, “Yes, Anita has quit. The agency is in process of identifying the right person for the role.”
“After five years, Anita leaves behind an organization seven times stronger with several specialist brands that today are over 40 per cent of group‘s portfolio and a strong talent force that are leaders in their own right. We thank her for her stewardship and wish her every success in this new stint on the other side after 28 years in the agency business. We are at present in the process of identifying a suitable leader for this role and should make an announcement to that effect shortly,” Mohan added.
Meanwhile, MPG India has promoted managing partner Mohit Joshi to the post of managing director.
Based in Mumbai, he will be reporting to Mohan.
Nayyar had joined Havas Media in 2007 as the CEO of MPG India. Later on, she was promoted to CEO of Havas Media-South Asia. Prior to joining Havas Media, she had also worked with Starcom and Mudra Communications.
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.
