MAM
Raghuvendra Singh Parihar joins Madison World as deputy general manager
Media strategist moves from Wavemaker to begin new chapter at Madison
MUMBAI: Media professional Raghuvendra Singh Parihar has joined Madison World as deputy general manager, marking the latest step in a career shaped by strategic media planning and integrated campaigns across some of the industry’s leading networks.
Parihar announced the move on LinkedIn, sharing his enthusiasm for the new role. “I am happy to share that I’m starting a new position as deputy general manager at Madison World,” he wrote, adding that he is grateful to Mimi S Deb and Vivek Das for their trust and the opportunity.
“I am extremely grateful to Mimi S Deb and Vivek Das for investing their trust in my capabilities and providing this wonderful opportunity. Super excited for this new journey and upcoming opportunities to learn and grow,” he said.
Parihar joins Madison World after a stint at Wavemaker, where he served as business director from January 2024 to March 2026 in Gurugram. In that role, he worked on integrated media strategies and client partnerships, sharpening his experience at the director level.
Before returning to Wavemaker, Parihar spent nearly a year at EssenceMediacom as associate director for media planning. His career also includes a client-side stint at Unacademy as manager for media planning, buying and partnerships, where he focused on digital media strategy and campaign execution.
Earlier in his career, Parihar held multiple roles at Omnicom Media Group, progressing from group head for strategy and planning to associate director of strategy. He has also worked with agencies such as Havas Media Group, Mindshare and Alliance Advertising and Marketing.
Across these roles, he has handled brands including Hyundai India, Kohler, Motorola, Lufthansa Airlines and OLX, building a portfolio that blends media strategy, analytics and campaign planning.
Academically, Parihar holds a postgraduate diploma in advertising and marketing communication from Apeejay School of Management. He also completed an executive programme in product and brand management from the Indian Institute of Management Rohtak.
With his move to Madison World, Parihar now steps into a role that places him at the heart of one of India’s prominent advertising networks, where the next chapter of his media journey begins.
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.
