Brands
Annu Gupta joins Haldiram as CEO – international business
Former Britannia executive to drive overseas growth and manufacturing footprint
DUBAI: Haldiram Snacks Food Private Limited has appointed Annu Gupta as CEO – international business, reinforcing its push to expand beyond India and build a globally scaled food brand.
Gupta joins the snacks major after a 13-year stint at Britannia Industries, where he most recently served as CEO– international business and played a key role in expanding the company’s overseas footprint.
Announcing the move on LinkedIn, Gupta said he was “humbled and excited” to take on a new challenge at Haldiram, citing the brand’s eight-decade legacy and its ambition to evolve into a world-class global player. He said the focus would be on building strong local operations and manufacturing facilities across international markets.
With nearly 28 years of experience in the FMCG sector, Gupta brings deep expertise in scaling businesses across the Middle East, Africa and other global markets: regions central to Haldiram’s international strategy.
Earlier in his career, Gupta held leadership roles at TGI Nigeria Limited, Iffco, Dabur India Limited and Colgate-Palmolive.
Brands
Tata Consumer Products faces Rs 98 crore tax demand
Income tax authorities raise significant demand for the 2022-23 financial year
MUMBAI: Tata Consumer Products Limited has received an assessment order from the income tax department involving a substantial financial demand. The order, issued by the assistant commissioner of income tax in Kolkata, was received by the company on 13 March 2026. It follows an audit of the income tax returns filed for the 2022-23 financial year, during which the assessing officer made specific additions and disallowances to the company’s reported income.
The total demand raised by the authorities amounts to Rs 98,03,33,930, a figure that includes both the principal tax amount and accrued interest. This disclosure was made by the company’s company secretary & compliance officer, delnaz dara harda, in a formal filing to the National Stock Exchange and BSE Limited on 14 March 2026. The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
In response to the order, Tata Consumer Products has stated that it believes the demand is not maintainable under current law. The management has confirmed that the company is currently in the process of filing an appeal against the assessment. Furthermore, the company clarified that there is no immediate impact on its current financial standing, operations, or other corporate activities resulting from this specific order.
