MAM
Weber Shandwick appoints Nikhil Dey as vice chair in india
MUMBAI: Weber Shandwick, one of the world's leading global communications and marketing solutions firms, today announced the appointment of Nikhil Dey as vice chair of the firm’s India operations. Dey will focus on shaping the firm’s employee experience, strengthening existing client relationships and creating opportunities for global clients in India.
Dey will be part of the firm’s India leadership board, working with senior leadership across the Asia Pacific region – including Valerie Pinto, CEO of Weber Shandwick India – to build synergies and service outcomes.
“With Nikhil’s depth of knowledge and experience, we aim to significantly grow our talent base, revenue streams and continue to lead with a client-first approach to deliver stronger and higher value to our clients,” said Baxter Jolly, CEO of Weber Shandwick Asia Pacific. “We are also tremendously proud of our achievements in India under Valerie’s leadership and are extremely bullish on our potential in the India market. We believe this combination of strengths will be unbeatable in the market and will enable us to grow significantly in India.”
Pinto also commented, “Building Weber Shandwick as a strong employer brand with a work environment that attracts the best talent to our profession is an integral part of our growth strategy in India. Our people are an essential part of the firm, and creativity is the foundation of everything we do. Nikhil, with his unmatched knowledge and expertise will help us further build our culture of creativity and collaboration. Along with this, he will help the agency to continue to provide our clients with unique solutions and a forward-thinking approach to their communications challenges.”
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
