MAM
ONDC appoints Anupama Priyadarshini as Sr VP – corp governance, risk & compliance and investor relations
Mumbai: Open Network for Digital Commerce (ONDC), an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India, recently announced the addition of Anupama Priyadarshini to its team. By assuming the position of senior vice president – corporate governance, risk & compliance, and investor relations, she will play a crucial role in elevating the governance, risk management, compliance, and investor relations within the ONDC network, reinforcing its commitment to excellence and responsible business practices.
With a career spanning 25 years, Anupama has demonstrated her expertise in various sectors, including retail, steel manufacturing, and beverages. Most notably, she has spent 14 years with IKEA, serving as the CFO, Business Navigation Manager, and Director for IKEA Supply, South Asia. During her tenure, Anupama played a pivotal role in driving responsible and sustainable purchasing practices for IKEA’s global stores and markets while also increasing local sourcing in the Indian retail market. Her significant involvement in establishing IKEA’s footprint in India and South Asia has been instrumental in shaping the company’s growth strategy.
Prior to her tenure with IKEA, Anupama made substantial contributions to Tata Steel’s growth strategy, concentrating on enhancing its cost competitiveness on a global scale. She also had a brief but impactful stint with PepsiCo, where she was responsible for overseeing capital investments within the Indian beverages market. Beyond her corporate role, Anupama has served as a visiting faculty member at some prestigious institutions, including XIM University, MDI Gurgaon, and IRMA.
ONDC MD & CEO T Koshy said, “The ONDC team is delighted to welcome Anupama onboard. With her vast experience and proven expertise across diverse sectors, notably her instrumental roles at IKEA, Tata Steel, and PepsiCo, we are confident that she will be a key asset in enhancing ONDC’s commitment to corporate governance, risk management, compliance, and investor relations. We eagerly anticipate the valuable contributions she will bring as we continue to strengthen our commitment to excellence and responsible business practices within the ONDC Network.”
Expressing her enthusiasm for the role, Anupama Priyadarshini stated, “I’m excited to be a part of ONDC, which aims to make digital commerce more inclusive and accessible on a large scale for the country. By assuming the responsibilities of my new role, I foresee a tremendous opportunity to be a part of the evolutionary journey of a democratic ecommerce ecosystem. ONDC’s focus on leveraging Digital Public Infrastructure to benefit the masses through innovation and technology mirrors my values. I look forward to collaborating with this exceptional team to drive excellence as the network continues to grow and expand.”
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.
