MAM
Mindshare elevates R Gowthaman and Sudipto Roy
MUMBAI: In a move to strengthen its hold in market and understanding the ever-changing, technology- driven time, Mindshare has appointed R Gowthaman as chief operating officer and Sudipto Roy as regional chief client officer for Asia Pacific.
Gowthaman will take on the role of COO Asia Pacific after spending a year as chief client officer, APAC and CEO south and south-east Asia. During this time, he was responsible for Mindshare’s key clients across the region and expanding the agency’s services, including the launch of an emerging market activation unit across ASEAN in partnership with Geometry Global.
In his new role as COO, Gowthaman will focus on continued development and delivery of Mindshare’s services to marketers across the marketing value chain – from emerging consumer activation at one end to big data management on the other, and a more effective business model for working with clients.
Gowthaman said, “I am extremely delighted to take on this role. I am especially looking forward to designing and rolling out new work streams that provide Mindshare’s clients with great new opportunities and accelerate sustainable growth of our business. Despite our scale and size, we are increasingly behaving more and more like a start-up – provocative, hungry, adaptive, full of energy all underpinned by a promise to be the agency of the future.”
Roy takes over from Gowthaman as chief client officer Asia Pacific following a two-and-a-half-year stint as managing partner of Client Leadership and Partnerships. During this time, his primary responsibility was to run some of Mindshare’s key accounts including Unilever, Kimberly Clark, Lenovo and others.
In his role as CCO, Roy will focus on growing Mindshare’s relationship with its key clients across Asia Pacific, by creating faster, more agile and adaptive marketing services for them. Roy will also spearhead creation of a stronger open source collaboration model around Mindshare’s key clients, with relevant partners from WPP as well as other independent companies. Roy will report to Gowthaman in this role.
Mindshare is forging a number of partnership programmes with ‘hot’ companies coming up in emerging economies, in analytics, media technology, e-commerce, B2B, social media, mobile and more, to complement the current global partnerships already in place with Google, Facebook, Twitter, Microsoft, Yahoo and many others. Roy’s new role focuses on leveraging some of these partnerships to help its clients’ brands be more adaptive to near real time consumer response, and continuously improve the way they use various media platforms to grow their brands.
Commenting on his appointment, Roy said, “I am passionate about our clients’ businesses and how we think about them, so this move is exciting as it enables me to focus on what I really love. I believe we have a great opportunity to drive cutting-edge thinking for Mindshare and our clients, and fundamentally re-imagine how we think about media services while continually raising the standards for how media agencies can drive ROI. I really look forward to this part of the journey.”
Mindshare chairman & CEO for APAC and growth market Ashutosh Srivastava said, “We are privileged to have highly talented people like Gowthaman and Roy stepping into these roles. Over the years, they have developed trusted relationships with our clients, by focusing on what they value most. These roles are incredibly crucial for us at this stage and will help Mindshare continue to lead the industry thinking, and shape its development and growth at an exciting time, where understanding of media, technology and effective data usage are becoming more and more central to brand success.”
Both Roy and Gowthaman’s roles are effective immediately and will be based in Singapore.
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.
