ETCFO Newsletter | Wednesday, November 20, 2024 |
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Daily Newsletter
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Top Stories
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What kind of difference NextGen can make in a CFO's dashboard? Since this question is top on the list of the CFO community, ETCFO is launching its fi...
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Trump and Modi are focusing on manufacturing to boost their economies. However, historical trends suggest that this approach is likely to fail in deve...
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Moving from the role of CFO at Zoom, Kelly Steckelberg shall assume charge as the Chief Financial Officer of Canva, an online design software. Steckel...
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Spread across key regions in India, each corridor was strategically designed to integrate industry and infrastructure, establishing world-class connec...
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ASSOCHAM, in its pre-Budget 2025-26 recommendations, proposed for simplified TDS rates, decriminalisation of certain defaults, and enhanced tax neutra...
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Policy & Macro
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Former RBI Governor Raghuram Rajan has warned against high public debt. He says countries like the US are vulnerable to future crises. Rajan suggests ...
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The govt is considering changes to its public procurement rules to benefit manufacturers participating in PLI schemes. One proposal being evaluated is...
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The Reserve Bank of India and banks are developing a standard procedure for vehicle seizures when borrowers default on loans. This initiative follows ...
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Governance, Risk & Compliance
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With this regulatory approval, EcoRatings is now authorised to evaluate ESG performance for financial securities, both those currently listed and thos...
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Emerging India Focus Funds, an FPI, settled with SEBI for allegedly violating FPI rules. They paid Rs 64.35 lakh for non-compliance with the 'fit and ...
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Accounting, Legal & Tax
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"We would be making a recommendation to the GST Council to rationalise the GST taxation on EV-related areas," Motwani said. Elaborating on the demands...
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Responding to the queries raised by the members in the assembly on Tuesday, Savitha said that the state govt is committed to ensure employment for han...
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Corporate
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At present, promoters hold over 90% stake in the company.
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The KPMG CEO Outlook, marking its tenth year globally, found that 66 percent of banking CEOs are optimistic about the growth prospects for the banking...
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Zomato's food delivery business accounts for about 58% of its topline with the gross order value - encompassing food price, platform fees and delivery...
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The US retailer's chief financial officer John David Rainey says same-day delivery for Flipkart surged 2.5 times during the festive sale. Walmart had ...
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While several IT services companies in India had moved to a hybrid working model post Covid, several companies including Tata Consultancy Services (TC...
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Havells India Ltd announced a Rs 480 crore investment to establish a refrigerator manufacturing facility in Ghiloth, Rajasthan. The plant, with a prop...
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Indian coffee chain Blue Tokai is brewing ambitious plans for expansion. Aiming to triple its revenue by 2027, the company plans to expand its caf n...
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This investment follows PSG Equity's original 2021 investment and will be used to help expand CommBox's global footprint and enhance its innovative A...
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Angel investors such as founders of Urban Company Abhiraj Bhal and Varun Khaitan, former Swiggy Instamart head Karthik Gurumurthy and others participa...
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Economy
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India's user base is projected to rise from 90 million in 2024 to 479 million by 2030, a fivefold increase over six years.
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The global economy faces a challenging landscape in 2025 characterized by subdued growth and heightened uncertainty, according to a report from Barcla...
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As many as 20.58 lakh new employees were enrolled under the Employees' State Insurance Corporation (ESIC) scheme during September this year, reflectin...
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India is set to play a pivotal role in global workforce growth, contributing 20 per cent of it between 2023 and 2050, according to a report by Angel O...
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