MAM
Razorfish appoints Anne Davis as senior VP head of multi-national clients
MUMBAI: Publicis Group’s full-service digital agency, Razorfish, has appointed Anne Davis as the senior vice president head of multi-national clients.
A member of the Razorfish team since 2009, Davis has over 20 years experience working in client and integrated communication agencies with the last 15 focused on digital. The role is based out of Hong Kong.
Her new role is to build an operation and culture that is hospitable to multi-national client relationships. “Many client companies are establishing global operations in APAC. We are the only global agency network equipped to support this regional business focus. The creation of my new role supports the ongoing evolvement of Razorfish’s relationships with clients; partnering to navigate the unknown, drive change and enable business transformation.”
She will be reporting directly into global CEO, Pete Stein, and will work both with the global leadership team and with the organisation as a whole to facilitate multi-national client opportunities.
Razorfish global CEO Pete Stein commented: “Anne has been working globally for more than 20 years. She’s managed regional and global accounts for brands as diverse as IBM, Cisco, P&G, Unilever, Diageo, Reckitt-Benckiser, Blackberry and Gucci. These experiences, combined with her continued presence in Asia Pacific, position her to deliver unparalleled opportunities for our multi-national clients.”
Via organic growth and acquisition Razorfish operations have grown 25% in the last two years. Of the 3000 global Razorfish employees, 1000 employees are located in APAC regions.
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.
