MAM
Panasonic India names Fumiyasu Fujimori as divisional director, consumer sales
Mumbai: Tech major Panasonic India on Monday announced the appointment of Fumiyasu Fujimori as divisional director, consumer sales division. He will be based out of Panasonic India headquarters in Gurgaon.
Fujimori joined the company in 1995 in Osaka, Japan. In his career spanning 26 years, he has worked in various international markets such as China, Singapore and Thailand overseeing strategy planning, business development, and marketing communications across business divisions of Panasonic.
In his previous role, Fujimori was based in Japan, where he was leading the global marketing efforts for Panasonic’s Imaging Business Unit (Lumix, digital cameras).
“It is an important time for Panasonic India as we strengthen our presence across consumer appliances and smart living solutions in India,” said Panasonic India CEO Manish Sharma. “Fujimori’s rich experience of working with Panasonic across many markets will certainly contribute to the growth of our business here in India.”
“My first stint here was in 2009 as part of the audio team, where I got an opportunity to gain market experience. I believe, this is a high-potential market that offers significant growth opportunities and as I resume my new role here I am looking forward to leveraging this potential through strategic interventions and providing Indian consumers with a value proposition,” stated Fumiyasu Fujimori on his new role.
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.
