MAM
Mukesh Ambani appoints Ira Bindra as group president, people & talent
MUMBAI: In the vast ocean of corporate titans, even the youngest sharks have the power to disrupt the tides.
Such is the case at Reliance Industries Ltd (RIL), where Mukesh Ambani, the captain of India’s largest private sector ship, has made a bold and transformative move. Ira Bindra, a seasoned global HR leader, has been appointed as group president, people & talent—a decision brimming with promise and significance. With this strategic appointment, Ambani signals a renewed focus on people, culture, and leadership in a company that shapes global narratives. It’s a moment of overwhelming excitement, as Bindra steps into a role that could redefine the future of one of the world’s most influential conglomerates.
This appointment is a rare instance where Ambani himself announced a senior leadership hire, reflecting its strategic importance.
Bindra, a 47-year-old HR leader with over two decades of global experience, will oversee talent development, leadership initiatives, and cultural transformation across the organisation. She is the first non-family woman and the youngest professional to join RIL’s Executive Committee.
“Ira Bindra joins us from Medtronic, USA, where she was head of human resources and vice president – global regions,” Ambani stated in an internal communication. “She will work with me, Isha, Akash, Anant, and the executive committee to drive transformation across our company for people, culture, and leadership.”
Bindra will collaborate with RIL’s business and HR leaders to elevate the company’s human resource practices to world-class standards. Her role includes fostering inclusive leadership and aligning HR strategies with RIL’s ambitious growth objectives.
An alumna of Delhi’s Lady Shri Ram College (1998) and Maastricht School of Management in the Netherlands (1999), Bindra’s illustrious career spans leadership roles at GE Capital, GE India, GE Healthcare, GE Oil & Gas, and Medtronic. She has worked across diverse sectors, including med-tech, financial services, and global industrial enterprises, in regions such as India, the United States, Europe, Asia, and Latin America.
Ambani emphasised Bindra’s expertise, stating, “Her experience spans designing new operating models, creating business lines, and executing significant divestitures—contributing to improved performance and outcomes.”
Bindra has expressed enthusiasm for her new role, sharing in a LinkedIn post: “I look forward to this new and exciting chapter that will bring new learnings and leverage my prior experiences to propel the next chapter of growth and transformation for Reliance, in partnership with the leaders and teams at Reliance”
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.
