MAM
Rajendra Gupta joins Rediffusion as chief growth officer
Mumbai: Rediffusion has announced the appointment of Rajendra Gupta as chief growth officer, based at its corporate office here.
An engineer from BHU-IT and an MBA from FMS Delhi, Gupta has been in advertising, industrial solutioning and telecom for well over 35 years. This will be his second stint at Rediffusion. He earlier worked at Rediffusion Delhi and Mumbai from 1994 to 2002. “Rediffusion is my home. I have had some of my biggest professional successes and victories here. I hope that track record remains intact and unblemished in this innings too,” said Gupta.
Gupta will be a group resource with growth and business development responsibilities across Rediffusion, Everest, Rediffusion Healthcare, Rediffusion Direct (recently rechristened Rediffusion FutureTech), Rediffusion SmartMedia, Mogae Media and the Indian Institute of Human Brands (IIHB), said the agency in a statement.
Gupta had worked at Dunlop and Wipro before joining Rediffusion in the mid-’90s. He was seconded to Bharti twice by Rediffusion – first to Airtel Delhi and then to Bharti Madhya Pradesh to work as an expert implant in then growing, new company. He has also worked in telecom with Reliance for over a decade.
In his earlier tenure at Rediffusion, Gupta was instrumental in bringing the coveted Bharti group business to the agency. He was part of the team that launched Airtel in 1995. During his previous stint, Rajendra led successful pitches to bring in Casio, Sony, Panasonic, Canon, Atlas cycles, Singer sewing machines, BPL, and many more accounts to the agency, said the statement.
“Rajendra is special. He is also Rediffusion’s lucky mascot for new business and new horizons. He combines the aggressiveness of a good salesman with a very good understanding of technology. And over the years he has become excellent advertising professional. Such a combination of virtues and talent is rare,” stated Rediffusion managing director Sandeep Goyal.
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.
