MAM
Neena Dasgupta, CEO & Director, Zirca Digital Solutions Wins the Tech Trailblazer Award
MUMBAI: Neena Dasgupta, CEO & Director, Zirca Digital solutions has been honoured with the ‘Female Tech Trailblazer’ of the year at the Tech Trailblazer Awards 2020. She has won the award for the second year in a row.
She is the first woman from India to win this prestigious award, chosen from 10 brilliantly performing early-stage companies enterprise technology companies across three categories.
Sharing her thoughts on the award, Neena Dasgupta (CEO and Director, Zirca Digital Solutions) said, “I am thrilled to not only be the first Indian female but also win the award for the second consecutive year. I am proud to represent Zirca and women in the IT field on a global prestigious platform, the Tech Traiblazers. At the core of winning any award if hard work, dedication and complete focus on the goal which is being achieved. None of which will ever be possible without the team who burns the mid-night oil alongside me.”
The Tech Trailblazers Awards is the first independent awards program dedicated to enterprise information technology start-ups. Every year since 2012, it has identified the most innovative entrants and concepts in enterprise technology: start-ups focusing in areas such as artificial intelligence, big data, networking, storage and virtualisation – recognise technological, commercial innovation and entrepreneurial excellence.
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.
