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Wipro Enterprises names Anita Bhat-Zutshi as new CFO
BENGALURU: Wipro Enterprises has appointed Anita Bhat-Zutshi as its new chief financial officer, bringing a wealth of global experience to the company’s leadership table.
Anita joins Wipro after a remarkable 15-year journey at Unilever, where she held several top finance roles, including global CFO of the Ice Cream Business and CFO for regions spanning North Africa, the Middle East, Turkey, Russia, Ukraine, and Belarus. She also led finance operations worldwide, managing teams across seven global centres and driving digital and operational transformations that set new benchmarks in efficiency.
Known for her strategic acumen, Anita has steered multi-billion-dollar portfolios, led mergers and acquisitions, and delivered strong financial performance even in challenging markets. She has also been a champion for diversity, equity, and inclusion, mentoring female leaders across finance and operations.
Anita’s earlier career highlights include serving as CFO at AstraZeneca India and Modern Foods (Hul), as well as taking on significant M&A and commercial leadership roles at Unilever. She started her career in treasury and audit roles, including a stint at the Reserve Bank of India, laying the groundwork for her deep expertise in finance and strategy.
Anita holds an MBA in finance from the University of Mumbai and recently completed the Advanced Management Programme in Business Strategy and General Management at Harvard Business School.
At Wipro Enterprises, she will be responsible for steering the company’s financial strategy, growth initiatives, and transformative projects, aiming to combine her global experience with local insights to fuel innovation and sustainable growth.
With Anita on board, Wipro Enterprises is set to bring fresh energy and strategic direction to its finance operations, blending international expertise with homegrown ambitions.
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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.
