ETCFO Newsletter | Saturday, January 18, 2025 |
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Daily Newsletter
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Top Stories
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Industry leaders highlighted the need for reforms to boost economic activity, create jobs, and align with long-term growth objectives, while addressin...
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Amid a strong recovery in demand, Infosys CFO Jayesh Sanghrajka revealed plans to hire over 20,000 freshers in FY26, signaling optimism for growth, wh...
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Adani Group's CFO, Jugeshinder Robbie Singh, shared a cryptic message after Hindenburg Research announced its shutdown, marking the end of a tumultuo...
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The government is likely to reduce its disinvestment and asset monetisation target to less than â¹30,000 crore this fiscal from the budgeted â¹50,00...
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The Budget Session of Parliament is scheduled from January 31 to April 4, 2025, starting with the President's address and the economic survey. Key hig...
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There is widespread support for expanding the Prime Minister's Internship Scheme 2024, with 81 per cent of companies advocating for its extension to a...
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Indian Railway Catering and Tourism Corporation (IRCTC) has appointed Sudhir Kumar as CFO, effective January 16, 2025, succeeding Gaisingam Kabui. A s...
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The depreciating rupee will elevate India's import bill due to higher costs for vital commodities and machinery. Despite conventional wisdom suggestin...
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Governance, Risk & Compliance
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A recent survey conducted by Side Hustles on 500 employees and 500 managers reveals that 3 in 5 employees have taken unhappy leave within the past yea...
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Finance & Banking
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Kotak Mahindra Bank is likely to report a quarter-on-quarter decline in net interest margin (NIM) due to weaker CASA. Provisions are expected to rise ...
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IIFL Finance raised $325 million at 8.75% for a 3.5-year bond, joining Tata Capital and Vedanta Resources in tapping global debt markets this week. Th...
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Tax
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GST Arrest: Now a GST registered person can't be arbitrarily arrested and also coerced into admitting GST tax demand liability. This is because CBIC h...
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Cipla Limited has received a demand order from the GST Authority, imposing a penalty of â¹9,77,24,792 for inadmissible ITC and delayed payment timeli...
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Corporate
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The government is considering waiving 50% interest and 100% penalties on AGR dues for telcos like Vodafone Idea and Bharti Airtel. This potential reli...
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Economy
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Job seekers in India face a challenging 2024 labour market, with high competition. New roles such as Aircraft Maintenance Engineer and Robotics Techni...
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