MAM
MyTeam11 appoints Manvendra Singh Rathore as CMO
MUMBAI: MyTeam11, a fantasy gaming platform, today announced the appointment of Manvendra Singh Rathore as the chief marketing officer, effective 2 March 2020. Apart from leading the marketing initiatives for MyTeam11, he will also be looking after marketing and content strategy for recently launched SportTiger application, Al Shorts and all upcoming projects from the MyTeam11 bouquet.
Welcoming Rathore to the company, MyTeam11 CEO and co-founder Vinit Godara said, “I am pleased to welcome Manvendra to our MyTeam11 family. With the Indian Premier League (IPL) on the horizon, it was important that we have someone to look at our marketing initiatives end to end. Considering his experience and understanding of the market, he was the obvious choice. We look forward to a fruitful working relationship with him and expect that he will aid MyTeam11 in reaching new heights.”
Rathore has previously served as the national marketing manager for Ten Sports Network. During his five year tenure at Ten Sports, he was responsible for driving all marketing initiatives for the brand as well as handling product development and conceptualising innovative campaigns. He was also involved in multi-level in-house programming, overseeing brand tie-ups and in-house live cricket production and programming.
He has also been one of the core members of the Ten Sport team which successfully organised a WWE Live Event in India in 2016 and also implemented various marketing campaigns for the UEFA Champions League, ICC and other bilateral cricket series.
Speaking on his decision to join MyTeam11, Manvendra Singh Rathore commented, “I am proud to be a part of MyTeam11. The work that they have done in such a short space of time is beyond phenomenal. In less than four years, MyTeam11 has six sports in their fantasy gaming portfolio along with a user base of 10 million+ users. They have now also launched their own multi-sport aggregator platform SportsTiger which brings in a new dimension to the business. The possibilities hereon are limitless for MyTeam11 and I couldn’t be more excited to be part of the company’s future.”
In the recent past, Rathore has also served as the marketing director for DSport India and was part of the launch team for Discovery Channel’s newest sports broadcast offering. Following his DSport endeavours, Rathore moved to Times Internet, where he headed the marketing team for one of North America’s leading sports channels, Willow TV. He planned and executed Indian Premier League (IPL) and ICC World Cup campaigns for Willow TV and its OTT platforms in the United States and Canada.
Before joining MyTeam11 Rathore’s last stint was with Voltas Beko. At Voltas Beko, he presided over a few projects of the firm. Besides his marketing endeavours, Rathore has also overseen the Pakistan and MENA markets for Ten Sports and was given additional charge of Zee Entertainment’s distribution marketing. He has also had a small stint with Videocon Industries Ltd.
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.
