Brands
Judhajit Bal returns as growth leader to drive myHQ global push
DELHI: Judhajit Bal is back at myHQ by Anarock, India’s leading workspace marketplace, has announced the return of one of its early architects, signalling fresh momentum as the company sets its sights beyond Indian shores.
Bal rejoins the leadership team at a time when myHQ is preparing for its next big chapter. His mandate is clear and ambitious: take the platform global. Markets such as Dubai, London and Singapore are firmly on the radar, as myHQ looks to evolve into a globally recognised tech platform for workspace search and discovery. Alongside international expansion, Bal will also drive the business towards a profit and loss milestone of over Rs 100 crore within the next two years.
This is not unfamiliar ground for him. Bal was part of myHQ’s founding journey and later served as head of growth and marketing, where he helped shape the company’s brand, culture and scale. During his earlier stint, he played a central role in building myHQ’s tech-led brokerage model, expanding its footprint into Bengaluru, and launching key offerings such as myHQ Premier. These initiatives strengthened partnerships, including those with WeWork India, and contributed to the strategic investment by Anarock.
Before and between myHQ chapters, Bal has built a diverse track record. At The Coca-Cola Company, he worked on scaling new beverage categories, set up fresh distribution networks across 10 Indian states and reached over 100,000 retail outlets. A management graduate from MDI Gurgaon, he brings hands-on experience across growth strategy, P&L management, sales acceleration and team building. He is also the founder of Maidaan, an education-focused esports platform aimed at preparing children for the real world beyond classrooms.
Welcoming him back, myHQ co-founder and CEO Utkarsh Kawatra, said the company is hoping to replicate its domestic success on a global stage. The vision, he noted, is for the myHQ logo to become a familiar sight across international business hubs, reflecting India’s growing presence in the global prop-tech space.
For Bal, the return is deeply personal. He describes the role as a mission he has long believed in, driven by the changing nature of work worldwide. His focus, he says, will be on product innovation, global expansion and building strong teams, all aimed at giving people the freedom to work how and where they choose.
With this homecoming, myHQ underlines its intent to keep leading the conversation on flexible workspaces, not just in India, but well beyond its borders.
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.
