MAM
FedEx Express Recognized as One of India’s Best Workplaces For Women by the Great Place to Work® Institute
FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and the world’s largest express transportation company, has been recognised in the Top 50Best Workplaces for Women 2020, by the Great Place to Work® Institute.
The study is one of India’s largest annual assessments of workplace excellence for women across all levels, and is based on confidential employee feedback and an audit of management processes. This year, more than 850 organizations participated in the survey conducted by the Great Place to Work® Institutein India, from which the top 100 workplaces for women were selected and recognized.
“We are honoured to be recognized as one of India’s best workplaces for women, highlighting our diverse and inclusive work environment where all team members have equal opportunities to excel and grow.”said Mohamad Sayegh, vice president of operations for FedEx Express in India.
“Our commitment to diversity and inclusion is an integral part of our culture, and we continuously work topromotequalified women into leadership roles and offer programs that help our team membersexplore possibilitiesin their careers.We foster adiverse workplace that supports long term development and provides meaningful opportunitiesto our team members to pursue both personal and professional goals.” he added.
Earlier this year, Jack Muhs, regional president for the Middle East, Indian Subcontinent and Africa region,signed the CEO statement of support for the ‘Women’s Empowerment Principles – Equality means Business’.Established by the United Nations Global Compact and United Nations Women, the Women’s Empowerment Principles are a set of seven actions that companies choose to adopt to advance gender equality in the workplace and community.
FedEx was named by Forbes Magazine in 2019 as one of the Best Employers for Diversity globally, and was also recognized as one of the top 100 companies to work for in India by the Great Place to Work® Institute in June 2020.
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.
