MAM
Mintoak appoints Khushaal Talreja as Head of Marketing
Mumbai: The fintech company, Mintoak has appointed Khushaal Talreja as Head of Marketing. He will be responsible for brand building and creating more opportunities.
Khushaal is a detail-oriented marketer and has an agile approach to building business in both offline and online ecosystems. He also steered the Marketing & Partnerships department of LitmusWorld in his earlier stint. He has sound marketing capabilities and unbelievably sharp strategy skills that will grow any business.
Mintoak’s Co-Founder and Ceo Raman Khanduja says, “At Mintoak, we are poised to redefine the digital payments landscape in India with a comprehensive platform offering. With a sustainable business model that chooses to be the rightful partner for banks across the globe, we hope, Khushaal with his wide experience in digital marketing will help us achieve brand leadership in the fintech ecosystem. We look forward to working together.”
Mintoak’s Head Marketing Khushaal Talreja says, “I am excited to charter the marketing roadmap for Mintoak in India and new markets abroad. With a sharp brand positioning and collaboration with our partners, I’m certain that we will build a strong presence across our target markets. I look forward to working with the team.”
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.
