MAM
Lenovo India appoints Shailendra Katyal as its marketing head
MUMBAI: Lenovo India has appointed Shailendra Katyal as the its marketing head.
Based out of Lenovo‘s Bangalore head office in Bangalore, Katyal will be responsible for handling the Lenovo master-brand and leading marketing for the three business segments it operates in like consumer, relational and SMB.
Katyal‘s primary role in Lenovo will be to aggressively grow Lenovo‘s brand preference in the consumer and SOHO segments, according to an official statement.
Says Lenovo India managing director Amar Babu, “We are pleased to appoint Shailendra, a versatile marketing professional, who has a proven track record in leading marketing campaigns of marquee consumer brands. We continue to strengthen the management on the back of our strong success in the Indian market and want to continue the momentum on our double digit market share.”
Katyal comes with 12 years of industry experience, having worked in varied roles in sales and marketing in the FMCG space.
Avers Katyal “It is a great opportunity for me to be working with a global force like Lenovo. It is one of the leading forces in the technology space today and leads with a strong core of product innovation. It is also a truly multicultural organization with high emphasis on entrepreneurial behavior, which is what I really thrive in. It‘s an honor to be associated with the Lenovo brand and iconic sub-brands like the ThinkPad.”
Prior to joining Lenovo India, Katyal was category head at Marico for nearly a decade.
Besides playing a significant role in charting out the hair care strategy for Marico, he had successful stints in managing large brand franchises like Parachute and Saffola, integrating acquired brands like Nihar Naturals and handled equities like Shanti and Hair & Care.
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.
