MAM
Samsung Ads appoints Vignesh V to turbocharge India ad sales
GURGAON: Samsung Ads has tapped Vignesh V as director of ad sales for India, handing him the mandate to crank up growth, sharpen strategy and cement long-term ties with advertisers, agencies and trade desks in a market where connected TV is exploding.
With more than 20 years in media and advertising, Vignesh brings a potent mix of ad-sales muscle, revenue strategy, global syndication and P&L know-how. He has steered high-performing teams at some of the sector’s biggest players, including JioStar – Sports in India, and earlier held leadership roles at Disney, Amazon and other media outfits.
The vice president, rest of world at Samsung Ads, Guy Gibbs, said the CTV universe is now one of the richest hunting grounds for advertisers seeking highly engaged audiences. He added that India’s brands have shown “exceptional” appetite for Samsung Ads’ offerings in recent years, and Vignesh’s expertise will help turn that momentum into deeper, results-driven partnerships.
In his new role, Vignesh said the TV landscape is shifting faster than ever, demanding smarter ways to understand and serve fragmented audiences. Joining Samsung Ads now, he noted, puts him at the centre of a CTV boom that is expanding at pace and opening fresh opportunities for advertisers.
With talent, timing and a turbocharged sector on his side, Vignesh steps into the hot seat just as India’s CTV race hits top gear.
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.
