Brands
Mohit Sharma returns as national head of Zee News
Media veteran rejoins Zee Media to lead northern operations and nationwide strategy
MUMBAI: Mohit Sharma is back at Zee Media, stepping in as branch head (North) and taking charge at Zee News as national head. Sharma’s return marks a homecoming to the network where he spent over 14 years shaping sales strategy and driving revenue growth.
Before this, Sharma was vice president of sales at Times Network, handling major revenue streams. He also led NDTV’s northern operations as Branch Head and took a short career break earlier this year.
Sharma’s long history with Zee Media is impressive. He has risen through the ranks, from territory sales manager to regional sales head, and then national sales head, overseeing corporate and retail markets across India. Known for his knack for client relationships, team leadership, and business strategy, Sharma has consistently delivered results.
From managing a team of 11 as regional sales head to steering national operations, Sharma’s journey reflects both experience and ambition. His expertise spans advertising management, media relations, campaign execution, and revenue generation, making him a seasoned strategist in India’s media landscape.
With his return, Zee Media hopes to continue strengthening its presence in the northern market while reinforcing its nationwide reach. For Sharma, it’s a return to familiar territory but with a bigger canvas to make an impact.
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.
