MAM
Kondur climbs to director Times Experiences
MUMBAI: Sundar Kondur has announced his move to Bennett Coleman & Co Ltd. (The Times of India), taking on the role of director – Times Experiences. This appointment marks a significant shift for Kondur, a seasoned sales professional, into the realm of experiential events, where he promises to weave “logic of numbers with magic of ideas,”.
Kondur’s ascent within the Times group is notable. He previously held senior positions, including senior vice president and regional head – south, where he consistently delivered strong sales performance.
Before his tenure at the Times group, Kondur held a vice president – advertising sales role at Kasturi & Sons, Ltd., where he was responsible for national sales at The Hindu. There, he is credited with achieving record revenue growth and recruiting a substantial number of new advertisers, contributing to the company’s turnaround.
His earlier stint at the Times group included a long tenure as vice president and response head, where he oversaw advertising sales for various publications, including Vijay Karnataka and Bangalore Mirror. He also served as publisher and general manager at Mid Day, launching the Bangalore edition and driving significant revenue growth.
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.
