MAM
Reema Jain rides off into sunset, resigns as chief information & digital officer at Hero Motocorp
MUMBAI: Hero Motocorp is about to lose one of its digital superheroes. Reema Jain, the driving force behind Hero’s ambitious digital transformation, decided it’s time to hang up her cape and ride off towards fresh adventures. After steering Hero Motocorp through a whirlwind digital overhaul spanning R&D, supply chains, marketing, and customer engagement, Jain officially announced her departure, effective 17 April 2025.
Under her leadership, Hero built a robust platform-product structure, establishing from scratch a dream team specialising in data science, digital engineering, cyber security, connected platforms, martech, and cloud computing. Jain masterminded key revenue-driving platforms like direct to customer, a slick customer app, and eFin, a finance aggregator platform.
Before her time at Hero, Jain brought digital dynamism to Vodafone Idea, Unilever, and GE, showcasing an unmatched ability to weave tech magic into corporate giants. Her tenure included significant roles such as chief digital officer at Vodafone Idea, IT director at Unilever, and multiple leadership roles at GE.
Now, as Jain moves on, Hero Motocorp faces the challenge of filling the sizeable shoes she leaves behind. The question isn’t just who will follow—but who dares to?
As Hero prepares to wave goodbye, one thing’s clear: Jain rewrote the digital rulebook.
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.
