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ICAI to lift advertising ban for CAs; experts call for wider reforms| Mankind Pharma eyes debt reduction, select in-licensing, not big M&As, says CFO
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ETCFO Newsletter | Wednesday, July 9, 2025

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CFO Dhawan said that Mankind is now eyeing partnerships in segments like oncology, GLP1 gastroenterology, gynaecology and urology.
As ICAI moves towards lifting its decades-old ban on advertising by CAsa development confirmed to ETCFOa bigger question is surfacing: Does Indi...
The Central Board of Direct Taxes (CBDT) has significantly ramped up its recovery efforts, collecting ₹20,000 crore in outstanding dues in the first...
India and the US are nearing a mini trade deal, aiming to finalize the first phase by September-October with a goal to double bilateral trade to $500 ...
Donald Trump announced potential 10% tariffs on BRICS nations, including India, accusing the bloc of undermining the US dollar. During a Cabinet meeti...
The announcement follows a brief extension of the 'liberation day' tariffs until August 1. According to Trump, letters have been sent and will continu...
 
Policy & Macro
India is preparing to introduce a 'Battery Passport' system that will digitally store key details of every electric vehicle (EV) battery, including it...
 
Leadership
BMW Group India on Tuesday announced to appoint Hardeep Singh Brar as the President and Chief Executive Officer (CEO), effective from September 1.
 
Governance, Risk & Compliance
A preliminary report on the Air India crash that killed 260 people in June is expected soon, potentially revealing early details into the disaster. Th...
Pharma lobby groups are urging for changes to the centralized no-objection certification (NOC) for drug exports due to a significant export decline. T...
While SEBI accused Jane Street of earning Rs 36,500 crore through systematic market manipulation, the regulator's research report reveals that retail...
 
Accounting, Legal & Tax
The Delhi government is planning a one-time tax amnesty scheme to resolve pre-GST disputes related to VAT, excise, and service tax. This initiative ai...
A homebuyer faced legal and tax challenges after buying a Delhi property, including a dispute over the sale agreement and issues with income tax exemp...
 
Industry
Despite green hydrogen project announcements exceeding 9.2 MTPA, only a few projects have reached the Final Investment Decision (FID) or secured long-...
 
Corporate
Power, India's leading private thermal power producer, successfully completed the acquisition and resolution plan implementation of Vidarbha Industrie...
IndiGo is likely to convert its purchase rights for 40 Airbus A350 family aircraft into a firm order, according to Airbus. This move follows IndiGo's ...
The combined entity reported more than ₹9,000 crore in revenue in FY25, trailing Apollo Hospitals' ₹22,027 crore, showed data from ET Int...
Another person said the industry had just begun to cheer the Indian government easing its stance on Chinese partnerships in the new component PLI, but...
 
Economy
India may soon finalize a trade agreement with the United States. President Trump is increasing pressure with tariff letters. The US extended the dead...
India and Australia are engaged in discussions regarding the sourcing of rare earth minerals, prompted by concerns over China's export restrictions an...
BRICS nations are strengthening their relationships. This comes as President Trump considers new tariffs. The group criticises trade barriers. They de...
Big news for Indian shipping. Interorient Navigation and Danship & Partners, from Cyprus, are set to invest significantly. They plan to inject Rs 10,0...
India is on track to lead the global economy as it continues to emerge as a powerhouse of innovation, according to a new report by PwC.
 
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